Equals Money to power Chorus TM’s new financial management platform for the music industry
Equals Money, a subsidiary of UK-based paytech Equals Group, has been selected to power Chorus TM, a new financial management platform for the music industry.
Chorus TM co-founders Freddy Greenish and Simon Liddell (Image: LinkedIn)
Crafted by entertainment industry veterans Freddy Greenish and Simon Liddell, the new platform will furnish entertainment managers with real-time spending reporting, optimised reconciliation processes, foreign exchange management strategies, and domestic and international payment capabilities.
In addition to a new app and online platform, Chorus TM will also introduce named multi-currency IBAN accounts, a multi-currency Chorus TM Mastercard – which will enable holders to spend in 20 different currencies – as well as integrations with accounting software Xero.
Commenting on the new collaboration, James Simcox, Equals Group’s chief product officer and international MD, states: “Over the past two decades, Equals Money have built a strong presence in the international film and TV industries with our B2B financial management software so expanding our expertise and offering into the wider entertainment industry is a natural next step for us.”
Prior to founding Chorus TM, Liddell and Greenish led the entertainment and music units at spend management platform Centtrip, claiming to have served a client base of over 1,000, including record labels, music publishers, global artists and artist/talent management companies.
Looking ahead, following its UK introduction this month, Chorus TM is actively onboarding US clients, with the intention of a full US launch scheduled in the coming months.
