An educational toy captivating kids in over 50 countries
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 15+ local currency accounts and get paid like a local
- Pay suppliers, partners and staff worldwide in 100+ currencies
- Collect payments for free from 130+ marketplaces and payment gateways, including Amazon, Etsy, PayPal and Shopify
- Take control of spending with the World Card, a business expense card that saves you more with 1% cashback. Learn more
- Save with competitive exchange rates on currency conversions and transfers
- Lock in exchange rates for up to 24 months for cash flow certainty
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.
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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.
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- Almost 1,000,000 businesses have sent USD$300B around the world with WorldFirst and its partner brands since 2004
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