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An educational toy captivating kids in over 50 countries

Launched from a garage in 2019, Connetix Tiles now boasts well over 500 retailers worldwide, with customers, suppliers and warehouses globally.
 
 

When founder and managing director of Connetix Tiles, Dave Alexander, and his business partner, Brea Brand, wanted to create a product that could be sold online, they looked at what their own children enjoyed most.

“My business partner and I had a conversation around creating a product and selling a product online. We essentially thought of what our kids play with most and basically came up with the magnetic tile that we’ve got now.”

The Australian company launched in 2019 with a small run of versatile magnetic tiles that can grow with a child, who develops from building two-dimensional shapes as a three-year-old, to creating entire three-dimensional structures when they’re older.

In just the first two years, Connectix Tiles experienced phenomenal growth, selling in 45 countries and with almost 500 retailers worldwide. They’ve now expanded globally to more than 50 countries and sell on global marketplaces. With customers, suppliers and warehouses overseas, it was important for Dave to find a solution to fast and easy international business money transfers with local account details.

“We prefer to have all our customers pay us in their currency and WorldFirst enables us to do that. WorldFirst enables us to pay suppliers and warehouses and people we do business with in their currency, which just saves us money.”

Open a World Account for free
  • Open 10+ local currency accounts with local account details
  • Direct CNH payments to 1688.com
  • Pay suppliers, partners and staff in 40+ currencies and 130+ destinations
  • Collect secure payments from 100+ marketplaces and payment gateways, including Amazon, AliExpress, Paypal and Shopify
  • Lock in currency conversion rates for up to 24 months

Disclaimer: These comments are the views and opinions of the author and should not be construed as advice. You should act using your own information and judgement. Whilst information has been obtained from and is based upon multiple sources the author believes to be reliable, we do not guarantee its accuracy and it may be incomplete or condensed. All opinions and estimates constitute the author’s own judgement as of the date of the briefing and are subject to change without notice. Please consider FX derivatives are high risk, provide volatile returns and do not guarantee profits.

WorldFirst
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Airshow mastery meets business innovation

With a career spanning over two decades, Paul Bennett has flown from the shipyard to the stratosphere, leading a conglomerate that covers everything from airshows to resin manufacturing and freight.

Sep / 2023
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An educational toy captivating kids in over 50 countries

Launched from a garage in 2019, Connetix Tiles now boasts well over 500 retailers worldwide, with customers, suppliers and warehouses globally.

May / 2023
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The eCommerce startup that became a household name

Founder Faith Lim created a sister brand to her family legacy business after discovering a gap in the market.

Jan / 2023
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