Not My First Guess Changing currencies, changing lives: Featuring Robert Hayward, Founder of GoodFX
This episode, we are joined by Robert Hayward, founder of GoodFX, an international payments B Corp that turns currency conversion into social good, using the profits they make every time their customers trade FX, to support charities and create meaningful job opportunities for refugees. For anyone who doesn’t know, The foreign exchange market, commonly referred to as the Forex or FX, is the global marketplace for trading currencies. Having spent 10 years in the city working in banking, Rob had started to wonder how he could put his skills to use and make a difference in the world. After initially rejecting an opportunity to work in FX, he realised that there could be a way to use some of the money the industry was making in lockdown to make a difference. This birthed GoodFX.
In this episode we discuss:
- Rob’s journey into entrepreneurship and how he used his skills learned in the corporate world to get there
- The intoxicating nature of working with a “big fish” company
- Using a business model as a vehicle for social change
- Raising money as a B Corp, and the value of B Corp applications
- The importance of having self value as a fundraiser
- The necessity of bootstrapping when making an impact business
Link to the GoodFX website: