Case Study: Luna Tide saves 3% on FX fees with Cape

How this eCommerce store saved 3% on FX fees with Cape

Luna Tide, an Australian handmade gemstone jewelry business, faced the challenge of paying high foreign exchange fees on its SaaS subscriptions and needed better access to capital to purchase inventory. Scott Lawson, the founder, sought a solution to reduce these costs and improve cash flow for his eCommerce store, leading him to the services offered by Cape.

By implementing Cape’s business credit card, Luna Tide completely eliminated its 3% FX fees on international transactions for tools like Shopify and Klaviyo. The solution also provided immediate access to funds for buying stock, replacing the need for a prepaid card. As a result, Cape delivered significant cost savings and greater financial flexibility for the business.

Luna Tide

Scott Lawson

Founder