Committed to your success

Our reputation is built on ensuring our clients are successful, using proven strategies and our award-winning capabilities. Above all else, we’re genuine people who genuinely care. We believe in getting to know you, your industry and your business needs. More than 13,000 clients worldwide understand the difference we can make. You can be one of them.

Vision

As Cambridge expands into new markets and time zones, our vision remains constant: to find ingenious ways to connect our clients with success, as the premier provider of cross-border payment and currency risk management solutions.

Mission

It is our mission to provide our business clients with superior service and expertise in foreign exchange and global payments. Nothing matters more to us than helping you connect with the global marketplace.

Service

To make the most of global opportunities, you need a trusted partner. Cambridge has the agility to work at your pace of business and the ingenuity to help you capitalize on potential quickly, delivering innovative solutions to meet your payment and transaction needs.

International Presence

With dozens of offices across the globe, we are ideally positioned to be your bridge to the world.

Graphic representation of a world map with Cambridge locations highlighted in colour

North America

Canada

Global Headquarters
212 King Street West

Suite 400
Toronto, ON M5H 1K5
Phone: (416) 646-6401
Toll Free: (800) 374-8077
Toll Free Fax: (800) 982-4778
Email: info@cambridgefx.com

Burlington
2076 Pine Street

Burlington ON L7R 1G2
Phone: (416) 646-6408

Calgary
310-5920 MacLeod Trail SW

Calgary AB T2H 0K2
Phone: (403) 269-1480
Toll Free: (866) 858-5987

Edmonton
10155 102 Street

Suite 171 (Commerce Place),
Edmonton AB T5T 4G8
Phone: (780) 643-8598

Montreal
9800 Cavendish Boulevard

Suite 505,
Ville Saint Laurent QC H4M 2V9
Phone: (514) 956-6005
Toll Free: (800) 690-4422

Ottawa
343 Preston St.

3rd Floor, Ottawa ON K1S 5N4
Phone: (613) 726-7771

Saskatoon
304-201 1st Ave South

Saskatoon SK S7K 1J9
Phone: (306) 954-0155

Vancouver
1055 West Hastings Street

Suite 1750, Vancouver BC V6E 2E9
Phone: (604) 688-0400
Toll Free: (866) 688-0400

Victoria
137-1325 Bear Mountain Parkway

Victoria BC V9B 6T8
Phone: (250) 478-8110
Toll Free: (855) 410-5037

Winnipeg
201 Portage Ave

18th Floor, Winnipeg MB R3B 3K6
Phone: (204) 926-8831
Toll Free: (866) 956-7255

United States

US Headquarters
1359 Broadway

Suite 801
New York, NY 10018
Phone: (212) 594-2200
Toll Free: (866) 397-2837
Fax: (212) 918-0734
Email: info@cambridgefx.com

Boston
2 Oliver Street

Suite 807, Boston MA 02109
Phone: (617) 338-4009

Chicago
200 West Madison

Suite 1075, Chicago IL 60606
Phone: (312) 726-3588
Toll Free: (800) 233-5040

Houston
5433 Westheimer Road

Suite 875, Houston TX 77056
Phone: (281) 501-9722

Los Angeles
21800 Oxnard Street

Suite 770
Woodland Hills, CA 91367
Phone: (818) 884-8648

Miami
1 Alhambra Plaza

Suite 1465, Coral Gables FL 33134
Phone: (305) 374-9182
Toll Free: (866) 915-3773

Washington, DC
1001 Connecticut Avenue NW

Suite 410, Washington DC 20036-5504
Phone: (202) 350-8070
Toll Free: (866) 756-4881

Global Exchange
3 Bala Plaza East

Suite 117, Bala Cynwyd PA 19004
Phone: (484) 434-8060
Toll Free: (800) 682-2187

Europe

England

U.K. Headquarters
71 Fenchurch Street

Cambridge Mercantile Corp. (UK) Limited
10th Floor
London, England EC3M 4BS
Phone: +44 (0) 20-7398-5700
Fax: +44 (0) 20-7398-5710
Email: info@cambridgefx.co.uk

Spain

Costa Del Sol
Local 6, Centro Comercial Andasol

N340, KM 189, Marbella Spain 29604
Phone: (+34) 952-830-176

Australia

APAC Headquarters
35 Clarence Street

Cambridge Mercantile (Australia) Pty Ltd
Level 13, Suite 13.02
Sydney, NSW 2000
Australia
Phone: +61 (2) 8076-6500
Fax: +61 (2) 9262-1522
Email: info@cambridgefx.com.au

Melbourne
330 Collins Street

Level 7, Suite 5 Melbourne VIC 3000
Phone: +61 (3) 8687-4800

History

Since its inception in 1992, Cambridge has grown to become a leading provider of integrated B2B cross-border payment services globally. Cambridge has built a world-class operation renowned for innovative solutions and exemplary service. Cambridge aims to continue to thrive in an increasingly competitive market by acquiring the best expertise in the industry, leveraging strategic partnerships, and investing in leading-edge technologies.

Founded in 1992

Jacques Feldman and Bernard Heitner founded Cambridge in 1992 as a retail FX broker and precious metals dealer in Toronto, Canada.

Cambridge expands into US

Ten years after starting business, Cambridge opened its first location outside of Canada. The Princeton, New Jersey office was Cambridge’s U.S. headquarters until their relocation to Manhattan in 2013.

Cambridge expands into Europe

A major step in the expansion of Cambridge’s global footprint was the 2004 opening of an office in London, England – especially important as it provided a link to the rest of Europe.

Cambridge increases technological capabilities

In 2009, Cambridge achieved an entirely paperless payment workflow internally and launched Cambridge Online, the company’s leading edge trading platform. Cambridge Online enables Cambridge clients to initiate and manage payments with the freedom of global, 24/7 access in a secure environment, and was voted as the “Most Innovative FX Platform in North America.”

Diversifying product solutions

In 2011, Cambridge entered into a strategic partnership with Borderfree to license E4X, a sophisticated multi-currency settlement solution for eCommerce merchants and retailers. In addition, we commenced offering structured option and derivative products, where permissible, making us an invaluable partner to corporate clients looking to hedge for currency protection in an increasingly volatile environment.

New additions to Cambridge’s product suite

In 2012, Cambridge formed two key strategic alliances. The first was with Vendorin, resulting in the launch of Automated Payables Solution, the foremost check-elimination product on the market. The second was peerTransfer, uniquely positioning Cambridge to offer foreign exchange payments for university programs. Most notable in 2012 was our acquisition of Global Exchange Group, a leading foreign exchange and invoice-processing provider for legal firms.

Overseas accomplishments

Cambridge expanded into Australia in 2013, opening an office in Sydney, New South Wales. After a surge of success, a second office in Melbourne, Victoria quickly followed. Cambridge UK also expanded its client base, with the acquisition of Raphaels Bank Foreign Exchange Division.

Ingeniously creating new solutions


The year 2014 marked further expansion and innovation for Cambridge. A new branch of the U.K. company was launched, with offices in Spain, devoted to servicing private clients with foreign exchange transactions. At the end of the year, Cambridge established a dedicated Emerging and Frontier Market business unit, uniquely positioned to offer in-country delivery and currency liquidity for most exotics.

Looking forward to the future


Over two decades, Cambridge has built an international payment operation renowned for exceptional service and customized global solutions. Managing more than $20 billion annually, we are a leading provider of integrated cross-border payment services, with offices across North America, Europe and Australia. We pride ourselves on delivering customized solutions for our clients that not only meet their needs but exceed their expectations.

  • 1992

    Founded in 1992

    Jacques Feldman and Bernard Heitner founded Cambridge in 1992 as a retail FX broker and precious metals dealer in Toronto, Canada.

  • 2002

    Cambridge expands into US

    Ten years after starting business, Cambridge opened its first location outside of Canada. The Princeton, New Jersey office was Cambridge’s U.S. headquarters until their relocation to Manhattan in 2013.

  • 2004

    Cambridge expands into Europe

    A major step in the expansion of Cambridge’s global footprint was the 2004 opening of an office in London, England – especially important as it provided a link to the rest of Europe.

  • 2009

    Cambridge increases technological capabilities

    In 2009, Cambridge achieved an entirely paperless payment workflow internally and launched Cambridge Online, the company’s leading edge trading platform. Cambridge Online enables Cambridge clients to initiate and manage payments with the freedom of global, 24/7 access in a secure environment, and was voted as the “Most Innovative FX Platform in North America.”

  • 2011

    Diversifying product solutions

    In 2011, Cambridge entered into a strategic partnership with Borderfree to license E4X, a sophisticated multi-currency settlement solution for eCommerce merchants and retailers. In addition, we commenced offering structured option and derivative products, where permissible, making us an invaluable partner to corporate clients looking to hedge for currency protection in an increasingly volatile environment.

  • 2012

    New additions to Cambridge’s product suite

    In 2012, Cambridge formed two key strategic alliances. The first was with Vendorin, resulting in the launch of Automated Payables Solution, the foremost check-elimination product on the market. The second was peerTransfer, uniquely positioning Cambridge to offer foreign exchange payments for university programs. Most notable in 2012 was our acquisition of Global Exchange Group, a leading foreign exchange and invoice-processing provider for legal firms.

  • 2013

    Overseas accomplishments

    Cambridge expanded into Australia in 2013, opening an office in Sydney, New South Wales. After a surge of success, a second office in Melbourne, Victoria quickly followed. Cambridge UK also expanded its client base, with the acquisition of Raphaels Bank Foreign Exchange Division.

  • 2014

    Ingeniously creating new solutions

    
The year 2014 marked further expansion and innovation for Cambridge. A new branch of the U.K. company was launched, with offices in Spain, devoted to servicing private clients with foreign exchange transactions. At the end of the year, Cambridge established a dedicated Emerging and Frontier Market business unit, uniquely positioned to offer in-country delivery and currency liquidity for most exotics.

  • 2015

    Looking forward to the future

    
Over two decades, Cambridge has built an international payment operation renowned for exceptional service and customized global solutions. Managing more than $20 billion annually, we are a leading provider of integrated cross-border payment services, with offices across North America, Europe and Australia. We pride ourselves on delivering customized solutions for our clients that not only meet their needs but exceed their expectations.

Leadership Team

Gary McDonald

Gary McDonald
Chief Executive Officer

As CEO, Gary is responsible for leading the management team and working closely with the Board of Directors to execute the short and long term goals of the Company. Over the last 5 years, he has been instrumental in driving growth and positioning Cambridge as a leader in cross-border payments and risk management. His extensive experience in the Financial Services sector, primarily international payments has resulted in leadership roles in Canada, USA, Latin America, and Europe.

Karen L. Bannon

Karen L. Bannon
Chief Compliance Officer and Legal Counsel

As Chief Compliance Officer and Legal Counsel, Karen is responsible for implementing Cambridge’s compliance regime and advising the company with respect to various legal matters, most notably employment and privacy. Karen is a member of the Board of the Canadian MSB Association.

Mark Frey

Mark Frey
Chief Operating Officer

As COO, Mark is responsible for leading the company’s operational functions and ensuring the company achieves operational efficiencies to best position Cambridge for scalable business growth in the years ahead. In addition to his role as COO, he will continue to lead the organizations Canadian sales team as the Managing Director of Canada.

Corinne MacMillan

Corinne MacMillan
Chief Technology Officer

As CTO, Cori is responsible for leading the Engineering, Product and Technical Integration teams, ensuring all technology is aligned with the company’s strategic direction for future growth, while positioning the company’s products and technology offerings as industry leading.

Anil Sawrup

Anil Sawrup
Chief Commercial Officer

As CCO, Anil is responsible for increasing the company’s integrated payments business and overall market reputation. In addition to his role as CCO, he will continue to lead the organizations USA sales team as the Managing Director of the USA.

Dodi Robbins

Dodi Robbins
Chief Licensing and Regulatory Officer

As Chief Licensing and Regulatory Officer, Dodi is responsible for all licensing and regulatory matters (excluding the areas of AML/CTF/BSA and sanctions program compliance) that impact Cambridge globally, as well as managing the company’s relationships with its various regulators. Dodi is a member of the Association of Corporate Counsel and the New Jersey bar.

Gary Krikler

Gary Krikler
Chief Financial and Risk Officer

As Chief Financial and Risk Officer, Gary is responsible for aligning the Finance and Risk team with the Company’s short and long term goals.  This includes setting direction and leading the treasury, finance, credit, enterprise risk, internal audit, and logistic and office management functions. Gary has over 20 years of corporate finance, treasury, and risk management experience in national and multinational entities. He holds a CPA, CA designation and is a graduate of the Richard Ivey School of Business.

Carole Palmer

Carole Palmer
General Counsel and Corporate Secretary

As General Counsel, Carole is responsible for providing general legal advice and counsel to the Cambridge group of companies, and specifically to the Chief Executive Officers and Senior Management Team. Carole has 15+ years of legal experience practicing corporate/commercial law and throughout her versatile career, she has held the roles of in-house counsel at a leading supply chain management corporation, operated her own practice, and articled at a Toronto law firm.  Carole is a member of the Association of Corporate Counsel (Canada).

Affiliated Companies

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Cambridge Risk Management U.K.

Cambridge Risk Management was launched in 2014 to satisfy the growing market need for more sophisticated derivative products in the U.K. The expert team has a broad range of derivative product offerings with which to assist clients in creating bespoke hedging strategies to manage currency risk and exposure to suit individual client requirements.

cmriskmanagement.co.uk
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Global Exchange

In 2012, Cambridge acquired Global Exchange Group in order to broaden client payment capabilities. With a core focus on solutions geared to the intellectual property divisions of law firms, Global Exchange Payment Solutions (as it is now known) is proud to offer a robust invoice-processing and international payment system for foreign currency payables.

gexchange.com
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E4X

In 2011, Cambridge entered into a strategic partnership with Borderfree to license E4X to fill the critical need for an eCommerce solution for payment processors, aggregators, affiliates and etailers. E4X offers innovative multi-currency settlement solutions, working alongside global processors to facilitate cross-border payments for merchants.

Details

Awards

 
PayStream Innovate Award: Innovative Payments Technology of the Year (2016)
Global Finance Magazine FX Product Innovation Award: Enhanced User Interface (2015)
Canada’s Best Managed Companies Award (2017; two-time winner)
Deutsche Bank Award: Excellence in Straight Through Processing (2015; 8-time winner)
Global Financial Market Review Award: Most Innovative FX Platform (2013)
Profit 500 Ranking: Fastest Growing Canadian Companies (2016; 4-time winner)
Global Finance Magazine FX Product Innovation Award: Cambridge Link Mobile Application (2017)
 

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