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PeopleHedge Corp

We help people and small businesses operate globally by eliminating their foreign exchange rate risk. Receive today's rate, or better, guaranteed.

  • Stage Prototype Ready
  • Industry Financial Services
  • Location Boston, MA, USA
  • Currency USD
  • Founded November 2011
  • Employees 3
  • Website

Company Summary

Small businesses face high foreign exchange costs and limited access to risk management tools. It is unprofitable for financial institutions to deal with small transactions like these. New technology allows us to process any transaction, regardless of size, for a fixed cost. We aim to capture the under-served customers that large banks overlook and overcharge. This model has proven successful in Europe and we are importing it to the US.


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    Damon Magnuski
    President and Founder

    Damon has worked in the options pits of the Chicago Mercantile Exchange, repaired nuclear reactors worldwide, and helped modernize the family factory in Chicago.

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    Paul Giedraitis

    A former radar engineer at Northrup Grumman turned quant, Paul has already further optimized the PeopleHedge trading algorithm to make it more profitable. He is also becoming a force for business development, fostering partnerships and connections.

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    Kacey Clark
    Head of Marketing

    Kacey is driving the marketing efforts of PeopleHedge through client acquisition, business networking, advertising, promotion and social media. He has formerly worked for Marriott, the Department of Defense and UPS in various roles.