Cinkciarz.pl, a leader of online currency exchange and one of the companies which have rapidly developed in Central and Eastern Europe, opens a representative office in Chicago in prestigious Michigan Avenue.
Cinkciarz.pl is gradually spreading its services onto the foreign markets, while building a network of representative offices.
The location which has been chosen for the new office is 401 North Michigan Avenue on the banks of the river in a renowned part of the city. It is a historic and at the same time dynamically developing business district. It has a perfect view of the Chicago River and Lake Michigan.
We aim to reach all the citizens of the United States who exchange currency or have access to online banking. The needs of the clients in this sphere are quite universal. We are certain they want to complete their transactions in a fast, comfortable and safe way. The competitive currency rates are also relevant - we are ready to offer this to them. It is also important to strengthen business relations with our partners in the USA. At the same time we are planning on intensifying the promotional activities over the ocean – commented Kamil Sahaj, Cinkciarz.pl Chief Marketing Officer.
Along with Cinkciarz.pl’s debut on the American market, a new, broadened offer will be introduced. The company will soon enter new financial services. This April, a company from the same capital group as Cinkciarz.pl - Conotoxia Sp. z o.o., acquired the payment institution license. Cinkciarz.pl Sp. z o.o. acts on behalf and for Conotoxia Sp. z o.o., with which it has signed an agent agreement. This means that it will not only allow its clients to exchange currency, but also order payments and money transfers.
Launching services for citizens of the United States is set for 2016. They will be made available after the appropriate licenses in individual states are acquired. This is a long and complicated process, therefore the company has already started cooperation with the leading law offices in the USA. The main criterion in selecting these offices was the effectiveness in acquiring similar licenses from the local authorities.
The Chicago office of the company will hire business development specialists and people responsible for marketing and PR activities.
According to the estimates, as many as 21 million Poles and people of Polish origin live abroad. The biggest group lives in the United States and consists of about 10 million. The decisive factor for setting the first American Cinkciarz.pl office in Chicago was that it is the third (after New York and Los Angeles) biggest and most populated city in the USA. At the same time, it is also the biggest aggregation of the Polish diaspora – in the consular district of Chicago lives over 3.2 million people of Polish origin.
The office in Chicago is yet another excellent location for the company, after London City. In October 2013, Cinkciarz.pl became the first Polish financial company to open an international office in London, joining the world’s largest investment banks and financial institutions.