Cinkciarz.pl, a part of Conotoxia Holding, won eighth place in the latest "Wprost" weekly magazine ranking of the 200 largest Polish companies. The fintech has proven to be one of the business giants, being the highest-ranked purely private company.
Cinkciarz.pl earned a place at the forefront of the ranking, achieving a record turnover in 2019. As regards the currency exchange service alone, the turnover was 18% higher than in the previous year and reached 18.7 billion PLN.
Cinkciarz.pl does not only offer an online currency exchange. The web portal found at Conotoxia.com also provides international money transfers, online payments and access to Forex market. Soon, the portfolio of financial services will include multi-currency cards with no fees for issuing and maintaining an account: https://conotoxia.com/multi-currency-cards.
"Our financial results and the place in the ranking are both pleasing and require commitment. This year, characterised by an economic crisis caused by the coronavirus and economies trying to return to pre-pandemic conditions, can pose a tremendous challenge to many businesses and consumers. Therefore, it is a great test for all because there are correlations in the market and often the demand for services from one industry depends on the situation prevailing in other areas," says Piotr Kicinski, Vice-President of the Management Board, Cinkciarz.pl.
Payment services are provided by Conotoxia Sp. z o.o., with Polish Financial Supervision Authority licence no. 30/2015. Forex Trading is provided by Conotoxia Ltd. regulated by CySEC (licence no. 336/17).