Sp. z o.o. Sp. z o.o., a company registered in Poland, provides an online currency exchange service. It is a member of SWIFT (Society for Worldwide Interbank Financial Telecommunication).

We aim at dynamic development

The company has been operating since 2010 and is one of the fastest growing companies in Europe. Its financial services are available to business and individual customers in three transactional models. The company has prepared a number of tools which facilitate currency exchange on various devices and mobile apps.

We actively support the concept of sport and the sponsorship activities are an integral part of the company`s brand strategy.

Management Board

The managing body of Sp. z o.o. consists of professionals with extensive experience and knowledge in the field of finance and innovative technologies.

Marcin Pioro

President of the Management Board

Piotr Kicinski

Vice-President of the Management Board

Robert Grzegorz Gorny

Member of the Management Board

Monika Kowalewska

Member of the Management Board

Kamil Sahaj

Member of the Management Board


The platform launched by is consistently developing the range of services it offers. Below is a list of the most important events in the company's history.

12 Sep 2019

Strong customer authentication at has implemented strong authentication. Logging in and other important activities, such as initiating payments, changing the amount or recipient of transactions require entering a one-time code sent by email or text message.

05 Jul 2019 awarded in the Bloomberg ranking achieved first place in Bloomberg's ranking in foreign exchange rates forecasts for EMEA currencies. The company was also awarded for, among other things, accurate forecasts of the Latin American currency group.

27 Jun 2019

New version of our money transfer app

We released a new version of our Money Transfer Conotoxia app for Android, improving its look and navigation.

26 Jun 2019 invalidates two MasterCard trademarks

Once again, won against MasterCard, invalidating in Europe two trademarks of the American company, representing the combined circles and intersecting rings.

25 Jun 2019

Currency Exchange 3.0 app for iOS

Our Currency Exchange 3.0 app for iOS devices was released. Users can utilize express payment methods to complete their transactions.

19 Jun 2019

New payment methods for funding Forex account

Conotoxia introduces fast payment methods for customer’s using the portal’s Forex services. Those interested in trading can use popular payment cards and convenient mobile systems, among others.

10 Jun 2019

Conotoxia partners up with “Spider-Man™: Far From Home”

Conotoxia joined forces with the promotional campaign of the film "Spider-Man: Far from Home". Our dedicated spot will be played in cinemas and promoted across Poland.

22 May 2019 online store launches eStore with company gadgets. In the future, the online store will be enriched with a loyalty program and will sell products of partners.

7 May 2019

Google I/O conference and the University of Zielona Gora organised a broadcast of Google I/O. The conference is one of the most important events in the IT industry. More than 100 enthusiasts of new technology joined us to watch the live broadcast.

6 May 2019

8th place on Wprost’s “List 200” was among the leaders in the ranking of the 200 largest companies in Poland. On the list prepared by Wprost weekly magazine we remained the highest ranked financial company.

3 Apr 2019 success “Parkiet" ranking was honoured in the list of macroeconomic forecasts for 2018 prepared by the Polish financial newspaper "Parkiet". The company came in first for forecasting the USD/PLN exchange rate.

3 Apr 2019 awarded by Bloomberg achieved first place in Bloomberg's ranking in foreign exchange rates forecasts for EMEA currencies and Latin America. The company also took top spots in many other categories. Forecasts were based on currency quotations in the first quarter of 2019.

2 Apr 2019

Dashboard Start - new dashboard for the user panel

Customers can use the new user panel, which improves access to the available financial services.

15 Mar 2019

Conotoxia app now in dark mode

We have added dark mode to our Currency Exchange app. Not only does it reduce battery consumption, but it is also easier on your eyes.

27 Feb 2019

Conotoxia as Official National Supporter of FIFA U-20 World Cup

Conotoxia became an Official National Supporter for FIFA U-20 World Cup Poland 2019.

26 Feb 2019

Conotoxia Start launched

The new homepage Conotoxia Start has a simple layout and direct access to our financial services.

12 Feb 2019

Scan QR codes and pay for transactions announces the next addition to its portal - scanning QR codes. The new solution streamlines the payment of money transfers, currency exchange transactions as well as topping up the currency wallet with the “Scan to Pay” function.

22 Jan 2019

Currency Exchange app 3.0

A new version of our currency exchange app for Android devices was released. Users can utilize express payment methods to complete their transactions.

18 Jan 2019 at the top of Bloomberg ranking analysts awarded in the Bloomberg ranking for accurate forecasts of currency exchange rates from different parts of the world in the last quarter of 2018. Among others, they were given first place in the ranking for the region of Latin America. They were ranked third for the euro - Polish zloty pair.

30 Nov 2018 among the leaders on “List 2000" took 10th place in the latest edition of the “List 2000” created by "Rzeczpospolita". The Company was ranked among the leading giants of Polish business, achieving last year's result of over 17 billion PLN.

29 Nov 2018 sues SGB-Bank S.A. filed a lawsuit against SGB-Bank S.A. in connection with a letter sent in 2015 by the Management Board of the bank’s group to cooperative banks. The company demands retribution, compensation and a formal apology.

28 Nov 2018

Best Polish Service 2018 was awarded third place on the ranking, which promotes Polish industry and high-quality services. We were honoured for our “high level of financial services".

21 Nov 2018

Conotoxia featured in Creed II

Conotoxia announced its participation in the Creed II promotional campaign. The Conotoxia logo was presented around the ring in the final scene of the fight between Adonis Creed and Viktor Drago.

13 Nov 2018 owner on the Digital Shapers list

Marcin Pioro, the owner of, has been ranked on the Digital Shapers list in the category of innovation and technology. Digital Shapers, supported by Forbes and Business Insider, is a prestigious list of digital industry leaders in Poland.

22 Oct 2018 and Microsoft join forces partners up with Microsoft. The companies launched a joint campaign promoting money transfers at and the game Forza Horizon 4.

5 Oct 2018

Standing on the podium of Bloomberg rankings

In the ranking summarizing the accuracy of exchange rate forecasts in the third quarter of 2018, took first place in the Gulf region, second place for Asian currencies and Latin American currencies. They also took third place for the EMEA region.

3 Sep 2018

Conotoxia is the Official Sponsor of the Czech National Football Team

Conotoxia was presented as the Official Sponsor of the Czech National Football Team. The company gained the right to promote its services using the images of the Czech national team players.

29 Aug 2018

Conotoxia becomes a partner of the National Football Team of Wales

Conotoxia became an Official Partner of the National Football Team of Wales. The long-term agreement grants the company with the rights to use the images of the Welsh national team players and logo exposure in the marketing communication of the team.

2 Aug 2018

ILS and AED - new currencies available at expands its offer to include two currencies from the Middle East: the Israeli new shekel and United Arab Emirates dirham.

12 Dec 2017

8th largest company in Poland

The Polish daily economic and legal newspaper, Rzeczpospolita, ranks Cinkciarz as the eighth largest company on its ‘List 2000.’ The list ranks companies that have generated the highest revenues in the Polish economy.

1 Feb 2017

Cinkciarz to sponsor UEFA U21 2017

Cinkciarz signs on as a Global sponsor of the UEFA European Under-21 Championship™ 2017.

9 Mar 2016

Cinkciarz embarks on an AI journey

Cinkciarz launches an Artificial Intelligence project by using advanced information technology which will support the decision-making process regarding currency exchange transactions.

20 Feb 2016

Slam dunk for Cinkciarz

Cinkciarz announces a multi-year sponsorship contract with the Polish Basketball League. The agreement grants Cinkciarz the right to use the title of Official Sponsor.

Dec 2015

Prestigious awards

Cinkciarz is awarded with two prestigious distinctions. Cinkciarz proudly accepts Player of the Year title by Forbes and CEO is named Best Manager 2015 by Bloomberg Newswire, Poland.

Spring 2015

Audits, certificates and licences

Cinkciarz signs a contract with KPMG. Two audits conducted for Cinkciarz from the audit company: IT and financial. As a result, PCI DSS and Impartial Auditor Report certificates are acquired. Conotoxiagranted a Payment Institution licence.

30 Jan 2014

Polish National Football Team Sponsor

Cinkciarz announces Official Sponsorship of the Polish National Football Team. Support of the Polish National Team continues until July 2018 for both the qualifying competitions for Euro 2016 and World Cup 2018.

7 Oct 2013

Intergalactic money

Cinkciarz blasts money from all over the world into the final frontier. The currency returned safely, albiet a bit of stardust.

8 Aug 2013

Cinkciarz makes it official

Cinkciarz joins SWIFT organisation. In cooperation with KIR, a Polish banking entity, Cinkciarz begins to integrate their advanced security system.

2006 to 2010

From idea to domain

Cinkciarz begins initial development in 2006. By 2010, Cinkciarz became available to everyone. If you can dream it, you can do it!

Governance Rules for Supervised Institutions

Corporate governance includes the most important principles and processes concerning the management of a company and the control of its functioning. It was prepared in accordance with the requirements of the Polish Financial Supervision Authority for supervised institutions. Sp. z o.o. adheres to the Governance Rules for Supervised Institutions. Sp. z o.o. implemented corporate governance principles with respect to:

  1. Organizational structure.
  2. Developing a long-term strategy for action.
  3. Relationships with governing shareholders.
  4. Regulation of the Authority to work with internal regulations.
  5. Internal regulation of partner assembly work.
  6. Renumeration policy.
  7. Information policy.
  8. Promotional, advertising activity and customer relations.
  9. Internal auditory system.
  10. Risk management system. Sp. z o.o. does not apply the rules determined in Chapter 9, the Eligibility of Assets Acquired at Customers' Risk Execution, as the company does not acquire or manage assets at the customers' risk.

Marcin Pioro
Chief Executive Officer
Piotr Kicinski
Vice-Chairman of the Board
Robert Grzegorz Gorny
Board Member
Monika Kowalewska
Board Member
Kamil Sahaj
Board Member
Organization chart
  • Partners Group
  • Board
    • Administrative Services Department
    • Analysis Department
    • Auditing Department
    • Compliance Department
    • Transaction Settlement Department
    • Financial Settlement Department
    • IT Department
    • Business Development Department
    • Marketing Department
    • Sales Department
    • Customer Service
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