ATP partners with OFX to improve its financial services | ATP Tour

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ATP partners with OFX to improve its financial services

OFX becomes the Official Prize Payment Partner of the ATP Tour until 2027

June 12, 2024

ATP has announced a global agreement with OFX, the world’s leading payments company that works with businesses and individuals, helping them manage and simplify their needs in the foreign exchange market. The collaboration will generate significant improvements in the ATP Tour’s financial services.

OFX will offer a range of global payment solutions to ATP, including prize money payments, a prize money platform for players, and corporate foreign exchange transactions. The partnership aims to simplify payment processes, improve data security, and issue payments to players in the currency of their choice.

“Last season, the ATP Tour issued $230 million in compensation to players around the world,” said Daniele Sanò, ATP Business Director. “OFFX’s services will help us optimize our financial operations, add value to players, and create efficiencies in our global ecosystem. Our partnership is a perfect fit.”

OFX becomes the Official Prize Payment Partner of the ATP Tour, until 2027, providing its leading foreign exchange services on the Tour.

“We are excited to embark on this journey with the ATP Tour as its Official Prize Payment Partner,” said Josh Goines, regional president of OFX in North America. “This partnership underscores our dedication to the growth of ATP and reflects our commitment to providing strong financial solutions to these great athletes around the world.”

OFX, headquartered in Sydney, Australia, has a significant global presence, with offices in the US, Canada, UK, Ireland, New Zealand, Hong Kong and Singapore. The company has established itself as a leader in international currency transfers and currency exchanges, with a long track record of success and innovation. In addition to its agreement with ATP, OFX has prestigious sponsorships in various sports, including the ITF, the Irish Legends Golf Tour, the United Rugby Championships and the Super League Triathlon.