Thursday, December 26, 2024

Equals Money to power Chorus TM’s new financial management platform for the music industry

  • Equals Money to Power Chorus TM:
    • Equals Money, a subsidiary of UK-based paytech Equals Group, has been selected to power Chorus TM, a new financial management platform for the music industry.
  • Chorus TM Platform Features:
    • Crafted by entertainment industry veterans Freddy Greenish and Simon Liddell, Chorus TM will provide entertainment managers with real-time spending reporting, optimized reconciliation processes, foreign exchange management strategies, and domestic and international payment capabilities.
    • The platform will include a new app and online platform, named multi-currency IBAN accounts, a multi-currency Chorus TM Mastercard enabling spending in 20 different currencies, and integrations with accounting software Xero.
  • Equals Group’s Collaboration:
    • James Simcox, Equals Group’s chief product officer, and international MD, highlights the collaboration as a natural progression for Equals Money, which has built a strong presence in the international film and TV industries with its B2B financial management software.
  • Founders’ Background:
    • Before founding Chorus TM, Freddy Greenish and Simon Liddell led the entertainment and music units at spend management platform Centtrip, serving a client base of over 1,000

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