PeopleHedge Corporation

HQ
Chicago, Illinois, USA
3 Total Employees
Year Founded: 2011

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<p>PeopleHedge is an online financial services company that will level the playing field in foreign exchange risk management - by allowing small- and medium-sized businesses easy online access to the same kinds of financial products already used by very large corporations.&nbsp;</p><p>Whenever a business decides to make a transaction in the future in a different currency, it opens itself to currency exchange risk.&nbsp; The exchange rate may move unfavorably in the interim, wiping out profits.&nbsp; This makes it virtually impossible for many international businesses to make accurate budget projections into the future.&nbsp;&nbsp;</p><p>PeopleHedge offers a novel product that behaves like insurance for your exchange rate.&nbsp; For a small fee, qualified customers can purchase a price protection contract that will reimburse them dollar-for-dollar in the event of an adverse move for their transaction… however, in the event of a positive move, the customer is also able to keep the profits from the improved rate.&nbsp; Unlike larger-scale products available in the Forex marketplace, we are able to offer this product over-the-counter, for any transaction amount, and for any time interval of protection.</p><p>We plan to reach qualified customers by partnering with the banks and brokers that already service their risk management needs through forward contracts and actual money exchange transactions.&nbsp; For this reason, these financial firms are also our potential customers.&nbsp;</p><p>Our team brings over 20 years of financial and engineering experience to the table and has developed a patent-pending algorithm for aggregating customers into larger-scale foreign exchange products.&nbsp; Our system does not use leverage, nor does it speculate on the direction of exchange rate moves.&nbsp; Our revenue stream is straightforward and based only on a slight upcharge over what it costs us to protect ourselves.&nbsp;</p><p>PeopleHedge will do for currency risk management what Paypal has done for online payments and what Expedia has done for the travel industry.&nbsp;</p><p>Join us - in our mission to make Easy Currency Hedging a reality.</p>

PeopleHedge Corporation Offices

None Workspace

Typical time on-site: None
HQChicago, Illinois, USA