Founder and Non-Executive Chairman of Rational FX and online money transfer platform Xendpay, Rajesh Agrawal is one of the UK’s best connected entrepreneurs.
A firm believer in business giving back to society, the father-of-two is a supporter of many high profile and community based endeavours. Rajesh has a particular interest in charity work to empower young people and women globally. A patron of the Prince’s Trust, the Cherie Blair Foundation for Women, the Loomba Foundation and Women Empowered (WE), he is also involved in The Climate Group, Northwick Park Institute of Medical Research, RSA Youth Project, and Lions Club International, to name a few.
Born and brought up in Indore, India, he moved to London in 2001 to begin his foray into the world of foreign exchange markets. He teamed up with Paresh Davdra in 2005 to create RationalFX. What started as a two-man enterprise based in Brighton is now a multi-billion dollar turnover business based in the London, with offices in Birmingham, France and Spain.
More recently by replacing the existing fee with a much lower discretionary one and passing on rates previously only reserved for corporates – his other company Xendpay was re-launched a Pay What You Want service to make it the world’s first genuinely no fees international money transfer service. This relaunch was driven by his passion to make money transfers fairer for migrants worldwide and to ensure more of the money transferred actually reached families and is not reduced by excessive fees. This work saw Rajesh become part of a campaign to reduce fees in the industry launched in 2014 by Tessa Jowell.
Rajesh is also a respected media pundit on a range of subjects including the economy, foreign exchange market, Europe, entrepreneurship and youth opportunity, and has appeared on the BBC, Sky, CNBC and Bloomberg, as well as in publications including the Financial Times, Observer, Sunday Mirror and Director.
Best known as the founder & CEO of RationalFX, the London-based commercial foreign exchange company that launched UK’s first online currency exchange system for private individuals at real-time prices.
Honours and Awards:
• Life Fellow of the Royal Society of Arts
• Asian Leadership as Young Entrepreneur by Asian Whos Who (2011)
• Young Entrepreneur of the Year by UK Parliament (2011)
• Patron of the Prince’s Trust
• Patron of the Cherie Blair Foundation for Women
• Member of the Clinton Global Initiative