We started with SWAPX our currency platform for travellers

Now with the addition of SWAPX for Business, we offer a combination of competitive exchange rates, efficient spend reconciliation and Mastercard prepaid programme management, that’s simply unbeatable.

Try for one month and see what you think

The SWAPX Delivery team

People at SWAPX for Business share the company vision and values.
We believe this approach gives our community a unique opportunity to be part of something very special indeed.


Simon Miles

Founder and CEO

Hello, and thanks for visiting us.

I have worked in the Global Payments and Foreign Exchange industry for over 20 years, playing a part in establishing the commercial foreign exchange broker model as a credible alternative to the banking sector. With a CV that spans small independent Brokers to large multi-national corporations, it was this journey that led me to think of creating SWAPX.

I had thought for a long time, why do we have to get bad exchange rates when we travel?

Since 1996 I have worked directly in the retail space for deliverable FX. Acting on behalf of both FTSE 250 organisations and private clients buying their dream home abroad. This experience means that I understand exactly how to make the financial transaction as seamless and secure as possible. Couple this with a simple and practical user interface and you have the perfect combination.

SWAPX for Business is just that – A simple and secure environment to manage overseas spend.

Whether you’re a Business owner or Head of Finance, with total control over the FX rate you and your employees spend at, not only are you saving money every time you travel and spend, but now you can accurately predict cashflow across all of the business months in advance.

You instantly gain complete visibility and control over your user’s cards and wallets from one convenient portal. Reconcile all expenses in real-time and export any format of report to your preferred accountancy package. meaning those lonely month end reconciliation hours are a thing of the past.


Richard Ney

Chief Technology Officer

Coming from a C++ development background, Richard has over 20 years experience in managing software delivery within capital markets.

In 2006 Richard co-founded a financial exchange technology start-up whose software was used by a major investment bank and large hedge funds as an internal stock exchange and trading platform.

Since then Richard has been acting as a Development Manager, Head of Development or CTO for small and medium size companies, managing team ranging from 5 to 100 people.

Richard has delivered projects for well known organisations - including the London Stock Exchange, the London Metal Exchange, JP Morgan, HSBC, Deutsche Bank, Barclays and Thomson Reuters -, and has more recently acted as a startup technical advisor for Deloitte Ventures.


Doug Lee

Financial Director

Doug Lee was educated at Imperial College, University of London before qualifying in 1991 as a Chartered Accountant with Coopers & Lybrand, subsequently PwC. Doug stayed with PwC until 2000 where he specialised in acquisitions, disposals, and corporate transaction work.

In 2000 he joined Celtic Energy Limited, a UK based private equity-backed mining company. Following his appointment to the Board as Finance Director he was part of a three-man management buyout of the business, which then subsequently realised their stake through a trade sale of the business.

Doug joined Cardiff City Football Club as Finance Director in May 2010, as part of the restructuring of the club’s management team, at the time of the investment in the club by a consortium of Malaysian investors. Doug undertook the FD role at the club until November 2012, providing the financial management & control during the club’s transition from a club on the verge of administration, to one of growth, financial stability, & on-pitch success.


Robert Davies

Non-Executive Chairman

Aged 64, Robert is a Chartered Accountant and a member of Institute of Taxation. He is a major shareholder of Ospreys Rugby and until recently Swansea City Football Club.

After qualifying in 1978 he was a founder of Liberty Properties which developed the stadium where both these rugby and soccer clubs now play and which is named after the property company he founded Liberty Properties, a property investment,development and construction group from which he retired in 2003.

For 19 years to 2008 Robert was a non executive director of various NHS bodies in Wales in either a Chairman or Vice Chairman capacity. In this time he was directly accountable to Government for the health of a population of 1m and annual financial accountability of £1billion+. He also Chaired the all Wales review of IM+T.

Robert has been involved in many other Companies in Finance, Healthcare and Security Software, and Property, in the UK, Europe and the Americas. He currently resides in Monaco.


Antony Martin

Non-Executive Director, Managing Director of ROCK Insurance Holdings

Antony spent 17 years developing the business. Prior to that Antony was Head of Travel Insurance Sales at Primary Group. Aside from his insurance experience Antony brings considerable business development and marketing skills and extensive experience in the leisure and tourism area.


David Monty

Non-Executive Director

David was Co-Founder and CEO of leading FinTech, Tuxedo Money Solutions, and previously served as CTO. In 2002 he founded Re-Inspire, delivering innovative payment solutions and was one of the first entrants in the SMS payment and ‘micropayment’ markets. David co-founded Tuxedo in 2006 and has overseen its technology development, innovation and international expansion.