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We have been facing challenges with FX fees impacting their margins and administrative complexities associated with paying vendors in different currencies. BidBerry CEO Emiliano Amicuzi emphasized the burden these fees and administrative tasks placed on their operations, hindering efficiency and growth. As a data-driven company specializing in data-based optimization, BidBerry prioritizes solutions that enhance their business performance. Amicuzi highlighted the importance of having a banking partner with agile customer support tailored to their industry, lamenting the lack of dedicated support that mirrored the relationships they fostered with their advertising platforms. This disparity became a significant drawback, impeding our ability to maximize revenue growth. In our search for a suitable financial partner, we discovered Juni and were particularly drawn to its cashback offer, which provides a 1% cashback benefit. This incentive not only boosted their return on advertising spend (ROAS) but also aligned with our objective of reducing FX fees and streamlining payment processes.
Juni’s multi-currency accounts proved instrumental for BidBerry, allowing them to create cards in their preferred currency (USD) and allocate them to specific vendors effortlessly. This functionality not only saved them time and administrative hassle but also minimized FX fees, optimizing their financial operations.
In conclusion, Juni’s partnership has empowered BidBerry to navigate global operations more efficiently, mitigate FX fees, and enhance its financial agility. By providing tailored solutions and dedicated support, Juni has become an invaluable ally in BidBerry’s journey toward continued growth and success in the e-commerce industry.
Read more on BidBerry’s case study on www.juni.co/case-study/bidberry
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