Expansion Abroad Through the Lens of Finance: What do Tech Companies Deal With?
The financial foundations of every company are the same. However, in the case of technology companies, the crucial thing is that they have international ambitions from the very beginning. As a result, they grow faster compared to companies from other industries. This trait increases the breadth of their financial services’ requirements. How to deal with different currencies, customers’ payment behaviour or exchange rate risk when the company operates in several foreign markets? Here are some tips from Lukáš Martoš, CE Solutions Sales Head from Citi Commercial Bank.