“Eye-opening savings”: How Conductr slashed its FX bill with Airwallex

Learn how Conductr saved £110,000 on conversion and transfer fees in under a year, and turned their global finance operations into a dream with Airwallex.

Discover Airwallex
Hero Banner Image


Saved in fees on incoming deposits vs company’s traditional bank


Saved on fees on outgoing payments vs company's traditional bank


Saved on internal transfers using Airwallex wallets vs company's traditional bank

By fusing cutting-edge technology with immersive storytelling, the co-founders of Conductr, Jos van der Steen and Peter Cliff, are redefining the future of attractions and experiences.




Global Events

Company size

25+ employees


Global Accounts
Discover Airwallex

Introducing Conductr

By fusing cutting-edge technology with immersive storytelling, the co-founders of Conductr, Jos van der Steen and Peter Cliff, are redefining the future of attractions and experiences.  

Conductr was founded in 2022, and immediately began working with an international client base. Today, Conductr has a stronghold in the US, with Europe and the Middle East representing major contributors to the company’s revenue. 

From exhibiting at trade shows in Asia to managing large-scale imports from China, the ability to efficiently operate on a global scale is critical for Conductr. 

The future of attractions and experiences, powered by Conductr

The Pain

Trading internationally from the outset created financial requirements for Conductr that were more in line with a large business than a startup. 

Sending and receiving funds from its global client base and supplier network in various currencies - including USD, EUR and GBP - represents a critical aspect of Conductr’s finance operations. 

Yet this was proving problematic. “Moving money around the world was a nightmare,” begins Jos. 

Among other issues, the daily transfer limit imposed by their bank was restrictive, causing issues when they needed to pay suppliers and make payroll payments on the same day. 

And using their bank for moving funds globally wasn’t working either. “We got stung by so many transaction fees,” Jos explains.  

Conductr’s bank was charging them to receive funds and force converting them from USD into GBP, only for Conductr to have to pay for them to be converted back into USD just a few days later to pay their suppliers. 

“We were being hit twice on transaction fees,” explains Jos, “and at terrible rates.” 

Conductr had inadvertently fallen into the conversion trap, getting stung by exorbitant fees for global transfers and paying for unnecessary currency conversions. 

With transaction and conversion fees mounting up, Jos looked for a solution, initially exploring the option of setting up a USD account with his bank. This proved cumbersome and expensive, so Conductr turned to multi-currency providers. 

“We tried Payoneer and Wise,” explains Jos, “but the interfaces were clunky and it’s not easy to do anything.”

Founders Jos and Peter knew their current financial operations weren’t suitable to their global needs, and that these requirements would only grow as their business expanded. So when they saw a walkthrough of the Airwallex platform, there was a lightbulb moment. 

Jos van der Steen

Co-founder & COO, Conductr

“Moving money around the world was a nightmare. We were being hit twice on transaction fees and paying terrible rates.”

The Solution

“One of the biggest advantages for us is that Airwallex is super easy to use,” begins Jos. Airwallex’s impressive interface combined with the instant rapport Jos and Pete built with their account manager, Albert, sealed the deal. 

Fast and convenient transfers at competitive rates 

“Another major benefit of Airwallex is how easy it is to open accounts in different countries,” says Jos. Conductr uses their Airwallex Global Accounts to send and receive global funds at market-leading FX rates and low transaction fees that have saved the company thousands. “Now we can pay our suppliers quicker,” adds Jos. 

Airwallex also helps Conductr limit their exposure to currency fluctuations, by alerting the team when their preset FX spot rates are met. This means Jos can convert funds at Airwallex’s great rates, and importantly, at the right time for them, for large transactions such as payroll. 

Convenient spending, whether at home or abroad 

To help manage expenses at home and abroad, Conductr uses Airwallex Borderless Cards that can be tailored to each user with individual spend limits, and conveniently draw from their account in that particular currency. “If I’m using my Airwallex Borderless Card in the US, then it debits our USD account,” explains Jos. “And if I use it in the UK, then it debits from our GBP account. This has been hugely beneficial.” says Jos, as well as saving the company a load on conversion fees. 

The Result

Improved cashflow management 

“Airwallex is very easy and very convenient for us,” says Jos, as he remarks on the extensive financial data he can now access. Jos can instantly aggregate all Conductr’s accounts into one view, access simplified and detailed views of each transaction and have complete transparency over conversions. It doesn’t stop there, Jos explains; “It’s invaluable having a live conversion of all our accounts into a GBP value, so I get an immediate snapshot of our finances.” 

The bottom-line

In under a year, Conductr has made savings of approximately £110,000 by using Airwallex for global transactions instead of their banking partner. Conductr’s biggest savings have been on inbound deposits to their Airwallex accounts.

Jos van der Steen

Co-founder & COO, Conductr

“Using Airwallex has saved us over £100,000 in fees in less than a year. It's been eye-opening how much we’ve saved by using Airwallex instead of our traditional bank.”

More stories from Airwallex customers

How Authentic Vacations saved $10k a month on FX
How July's trust in Airwallex allowed them to focus on their business
How iTrinity transformed their financial operations

See how our customers are finding Airwallex

Airwallex Testimony

"Airwallex have been a fantastic partner for Olsam Group as we grow our eCommerce brands to new channels and new markets. Their easy to use interface and integrations have been a joy for our finance team to use as we scale."

Sam Horbye

Co-Founder, Olsam

Airwallex Testimony

"For ME + EM, expanding into international markets such as the US has been our focus - and with Airwallex, we were able to use their local USD Global Account to collect from our Paypal US account, thereby allowing us to save 3% on each transaction. The process of working with Airwallex has been seamless - our suppliers get paid quickly, we have a dedicated Relationship Manager who has been really patient, helpful and quick to respond. I am keen to use their cards to pay for our ad spend in the near future to save further on our USD invoices."


Finance Manager, ME + EM

Airwallex Testimony

"We've had such a fantastic experience switching to Airwallex. Previously we were using a traditional bank to make all of our international transactions and they'd constantly lock us out of the account everytime we made a transfer, resulting in hours and hours of lost time on hold. Airwallex is secure, makes it super quick and simple to make and receive international payments."


Managing Director, Perspective Pictures

Airwallex Testimony

“We used to pay Stripe between $5,000 and $10,000 a month in conversion fees because most of our customers pay in dollars. Now we funnel that money into our Airwallex US dollar account, we don’t have to pay commission. We’ve saved more than $100,000 so far this year”

Thomas Adams

Founder and CEO, Brandbassador

Airwallex Testimony

"We love Airwallex! It has considerably eased our invoicing and payments to contractors around the world. Sending and receiving money is much faster and cheaper than before."

Edle Tenden

Co-Founder, Mobile Transaction

Airwallex Testimony

“We are so glad that we have found Airwallex! There are no hidden charges, they are quick to respond to any queries and we had the smoothest transaction with amazing support from the team continually.”

Andreia Beja

Supply Chain Executive, Miss Patisserie

Airwallex Testimony

"Our water solutions company, Dropterra (go.dropterra.com) has partnered with Airwallex since inception and it has been the best banking and payment partner a company can think of. International transactions are easy, secure, and fast, the technology is incredible and their client service fantastic! We look forward to growing and deepening our relationship with Airwallex!"

Francois Schramek

Co-Founder, Dropterra

Get started

Watch a 3-minute demo

Enter your details below to watch the demo:

Sign up for free online

Get started