// Workers AI · dad joke modeWhat did Moneypenny say to Bond? You're penny-pinching me.
Moneypenny's headquarters in Wrexham, Wales, United Kingdom | |
| Moneypenny | |
| Type | Limited |
| Industry | Business process outsourcing, Communications |
| Founded | 2000 in Wrexham, Wales |
| Founder |
|
| Headquarters | Wrexham , United Kingdom |
Area served | |
| Brands |
|
Number of employees | 1,000+ (2025)[1][2] |
| Website | moneypenny |
| Footnotes [3][4][5] | |
Callitech Limited, trading as Moneypenny,[6][7] is an outsourced communications company, that provides telephone answering services, live chat and digital communication services.[8]
Headquartered in Wrexham, United Kingdom, it operates in the United Kingdom and the United States, with its US operations headquarted in Duluth, Georgia. Its services include telephone answering, live chat, virtual receptionist support, and call tracking. The company serves clients in sectors including legal, property, and healthcare.[9][10][11] It supports 16,000 clients and has handled 180+million conversations to date.[4][12]
History
[edit]The company was founded in 2000 by Rachel Clacher and her brother Ed Reeves in Wrexham, United Kingdom. The business was established following observations of limitations in traditional telephone answering services, after Reeves lost a major order when a call was mishandled by a traditional answering service while he was on holiday.[13][14] The two originally operated the company from a small office above an optician's shop and only had £15,000 in capital.[11] The company was established to provide professional telephone answering services to small and medium-sized businesses.[15][16]
In 2025, following historical appointments including: Glenn Jackson as managing director in 2009[17], and Joanna Swash as CEO in 2017, Jesper With-Fogstrup became new Group Chief Executive Officer.[18] Jesper's extensive global experience across a variety of industries, including CEO roles in businesses such as Smoove plc and The LateRooms Group, as well as senior leadership positions at HSBC and Compare the Market, ensures a strong digital focus and customer centric experience when combined with Moneypenny’s unique combination of technology leadership, innovative solutions and outstanding customer service.
US expansion
[edit]Moneypenny expanded internationally in 2011, opened a new office in the Wrexham Technology Park in the same year,[19] and opened a U.S. office in Charleston, South Carolina, in 2014.[20]
In 2014, Clacher reduced her role in the company and set up the Moneypenny Foundation, centred on providing work experiences to less-fortunate young people. The charitable foundation is funded by Moneypenny, and operated offices in Wrexham, other sites in Wales, and in Liverpool, England. It was renamed to "We Mind the Gap" in August 2017.[11]
By 2015, the company had 400 staff in Wales (United Kingdom), New Zealand and the United States.[21]
In 2016, the company fully moved to[22] and opened a new headquarters facility in Wrexham.[23][24] It contains a pub, gym, treehouse and garden footpath on a £15 million 91,000-square-foot (8,500 m2) site.[23][25] The building was officially opened by Charles, Prince of Wales in July 2017.[26]
Moneypenny acquired United States-based services[27] VoiceNation and Ninja Number in 2020[28] and Sunshine Communications in 2024.[29] During the COVID-19 pandemic the company saw an increase in phone calls by 20% and hired employees from the hospitality and travel sectors, both heavily impacted by the pandemic.[30] Also during the pandemic in 2020, the company offered its Digital Switchboard service for free to help companies cover any reception staff unable to come to work or were self-isolating.[31]
In 2025, as part of its 25th anniversary, Moneypenny unified all its US brands—including VoiceNation, Alphapage, Sunshine Communication Services, and Choice Voice—under the single Moneypenny name.[32][33][34]
Executives from Moneypenny have participated in the Forbes Councils.[35][36][37]
Operations
[edit]Moneypenny expanded its service providing telephone answering to include live chat, digital messaging and technology-enabled customer communications.[38] The company grew through extending its operations internationally, particularly into North America.[39] By the 2010s, Moneypenny had established in both the UK and the United States.[40][41]
As part of its international growth, Moneypenny has completed several acquisitions, particularly in the United States, to expand its North American presence. The major acquisitions are Companies MadeSimple, VoiceNation, Ninja Number, Alphapage, and Sunshine Comms.[42][43] As of 2025, Moneypenny employs over 1,000 people across its locations. The company has offices in Wrexham (UK), Charleston (South Carolina), and Atlanta (Georgia).[1]
Its initial turnover in 2001 was £115,000, with it increased to £18 million in 2016.[11] As of 2020, it has handled 15 million calls and chats each year with 13,000 clients in the United Kingdom and the United States.[27] Lloyds Development Capital described it as the "largest answering service in the UK".[44]
Moneypenny Foundation
[edit]In 2014, Rachel Clacher, co-founder of Moneypenny, launched a pilot program that led to the establishment of the Moneypenny Foundation.[45] A charitable initiative funded by the company to provide work experiences and training opportunities for disadvantaged young people, particularly those from care backgrounds or homeless hostels, in Wrexham and surrounding areas.[46][47]
By 2015, the Moneypenny Foundation had formalised its operations, delivering its first full six-month program for 10 participants in Wrexham, with expansion to other Welsh sites and Liverpool by 2017.[48] In August 2017, the organisation was renamed WeMindTheGap to better reflect its mission of bridging employment and life gaps for under-served youth aged 16 and above.[49][50]
Leadership
[edit]- Rachel Clacher CBE and Ed Reeves are the co-founder of Moneypenny and they both led the company from 2000 to 2018. Rachel Clacher is the recipient of Commander of the Order of the British Empire (CBE).[11][51]
- Joanna Knight, was the group CEO of Moneypenny from 2018 to 2025. In 2024, Knight was awarded Order of the British Empire (OBE) for services to business and workplace culture.[52][53]
- In 2025, Jesper With-Fogstrup became the company's group chief executive officer.[54][55]
- Andrew Collis is the Chief Financial Officer at Moneypenny. He serves on Forbes Business Councils.[56] Eric Schurke is the CEO of Moneypenny in the US and serves of the Fast Company Business Council.[57]
Footnotes
[edit]External links
[edit]References
[edit]- 1 2 "Moneypenny". Best Companies. Retrieved 4 July 2025.
- ↑ Coleman, Alison. "Moneypenny's motivation strategy covers remote, hybrid and office-based employees". Employee Benefits.
- ↑ "Case Study - Moneypenny by Benx" (PDF). Benx.co.uk.
- 1 2 "Case Study Moneypenny - Taking customer service at Moneypenny to the next level". Go2 Telecom.
- ↑ "AN INTRODUCTION TO MONEYPENNY AND THE BENEFITS OF OUTSOURCING". MTA. 10 March 2023.
- ↑ "Trademark | Moneypenny". www.moneypenny.com. Retrieved 2025-07-26.
- ↑ "CALLITECH LIMITED overview - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2025-07-26.
- ↑ Bridge, Rachel (11 July 2010). "How I made it: Ed Reeves, founder of Moneypenny". www.thetimes.com. The Times.
- ↑ "St David Awards 2023: Business". Welsh Government. 13 February 2020. Retrieved 4 July 2025.
- ↑ "Forbes Councils profile: Joanna Knight (Swash)". Forbes Business Council. Retrieved 10 July 2025.
- 1 2 3 4 5 Graham, Natalie (2017-11-08). "My First Million — Ed Reeves, office outsourcing pioneer". Financial Times.
- ↑ Killeen, Patrick (28 August 2025). "Moneypenny launches 'game-changing' AI Voice Agent". BusinessCloud.
- ↑ "How I Made It: Ed Reeves, founder of Moneypenny". Financial Times. 14 September 2007. Retrieved 15 July 2025.
- ↑ Ryan, David (2019-11-06). "Moneypenny's Ed Reeves: the man with 15 million answers". Elite Business Magazine. Retrieved 2025-07-26.
- ↑ Ryan, David (6 November 2019). "Moneypenny's Ed Reeves: the man with 15 million answers". Elite Business Magazine.
- ↑ Kelly, Liam (6 October 2018). "O brother, do family values help a start-up?". www.thetimes.com. The Times.
- ↑ Live, North Wales (2009-09-16). "Wrexham firm Moneypenny has a new managing director". North Wales Live. Retrieved 2025-07-26.
- ↑ Segurana, Aga (January 14, 2025). "Moneypenny appoints Jesper With-Fogstrup as CEO | ECI Partners".
- ↑ "100 jobs hope as Moneypenny opens new Wrexham office". BBC News. 2011-11-08. Retrieved 2025-07-26.
- ↑ "Moneypenny establishing first US operations in Charleston County". South Carolina Department of Commerce. 23 October 2015. Retrieved 4 July 2025.
- ↑ "Moneypenny to build £15m headquarters in Wrexham". BBC News. 2015-05-18. Retrieved 2025-07-26.
- ↑ "Moneypenny Completes Move to Pioneering New Headquarters in Wrexham". Wrexham.com. Retrieved 2025-07-26.
- 1 2 "£15m Moneypenny Wrexham office with treehouse and pub opens". BBC News. 2016-09-05. Retrieved 2025-07-26.
- ↑ Middleton-Pugh, Jessica (2016-09-05). "IN PICTURES | First look at £15m Moneypenny headquarters". Place North West. Retrieved 2025-07-26.
- ↑ "Moneypenny: The Wrexham office with a pub, gym and treehouse". The Leader. 2022-06-19. Retrieved 2025-07-26.
- ↑ "Prince Charles opens Moneypenny offices in Wrexham". BBC News. 2017-07-14. Retrieved 2025-07-26.
- 1 2 Hughes, Owen (2020-03-02). "Moneypenny snaps up VoiceNation and Ninja Number in US expansion". Business Live. Retrieved 2025-07-26.
- ↑ "Moneypenny joins forces with VoiceNation and Ninja Number". PR Newswire. 18 March 2020. Retrieved 4 July 2025.
- ↑ "International acquisition for Moneypenny". BusinessCloud. 16 January 2024. Retrieved 4 July 2025.
- ↑ Hughes, Owen (2021-03-24). "Moneypenny creating 100 jobs in Wrexham as surge in calls and live chat enquiries". Business Live. Retrieved 2025-07-26.
- ↑ "Moneypenny offers its Digital Switchboard service for free to help keep businesses talking". Wrexham.com. Retrieved 2025-07-26.
- ↑ "Moneypenny Unites Under One Brand as It Celebrates 25 Years of Excellence". PR Newswire. 27 March 2025. Retrieved 15 July 2025.
- ↑ "Wrexham's "Moneypenny" brand to be known worldwide after amalgamation of subsidiaries". Wrexham.com. 31 March 2025. Retrieved 15 July 2025.
- ↑ "Moneypenny Unites Under One Brand as It Celebrates 25 Years". BusinessNewsWales. 27 March 2025. Retrieved 15 July 2025.
- ↑ "Andrew Collis, CFO at Moneypenny Accepted into Forbes Finance Council". Moneypenny. 23 September 2022. Retrieved 10 July 2025.
- ↑ "Pete Hanlon, CTO at Moneypenny accepted into Forbes Technology Council". Forbes Technology Council. Retrieved 10 July 2025.
- ↑ "Jesper With-Fogstrup - Forbes Business Council". Forbes.
- ↑ "Moneypenny Launches New Call Tracking Service To Help Accountancy Businesses Drive Growth and Unlock Marketing ROI". Alternative Insights. 13 January 2025.
- ↑ "Moneypenny Unites Under One Brand as It Celebrates 25 Years of Excellence". Telecom News.
- ↑ Evans, Peter (26 August 2017). "Our fabulous way of taking your calls". www.thetimes.com. The Times.
- ↑ Tech, Innovation / (6 January 2025). "Moneypenny Launches Service to Help Small Businesses With Marketing". Business News Wales.
- ↑ "Moneypenny joins forces with VoiceNation and Ninja Number - ECI Partners". ECI Partners. 2 March 2020.
- ↑ Barry, Sion (22 July 2022). "Moneypenny dials up further expansion with US acquisition". Business Live.
- ↑ "Rachel Clacher and Ed Reeves". LDC. Retrieved 2025-07-26.
- ↑ Hughes, Owen (16 September 2015). "Moneypenny founder Rachel Clacher on transforming lives of young people in Wrexham". Daily Post. Daily Post (North Wales).
- ↑ "Moneypenny helps spreads festive cheer this Christmas". Wrexham.com. 26 December 2024.
- ↑ Hughes, Owen (3 December 2014). "Moneypenny Foundation course helps Wrexham's young women into work". North Wales Live. Daily Post (North Wales).
- ↑ "Wrexham woman says 'work traineeship scheme changed my life'". BBC.com. BBC. 19 March 2019.
- ↑ "Wrexham charity wins charity 'Oscar' at national awards". The Leader. The Leader (Welsh newspaper). 22 November 2025.
- ↑ Wales, North (17 December 2025). "North Wales Firms Urged to Support Young People into Work". Business News Wales.
- ↑ "Founder of WeMindTheGap charity and co-founder of Moneypenny made CBE". The Leader. The Leader (Welsh newspaper). 20 February 2020.
- ↑ Prevett, Hannah (17 May 2021). "What I Learnt . . . Succeeding our co-founders". www.thetimes.com. The Times.
- ↑ "Lessons in Leadership from Joanna Swash, group CEO of Moneypenny". Harper's Bazaar. 3 May 2021.
- ↑ Segurana, Aga (8 May 2025). "'In Focus' with Moneypenny CEO, Jesper With-Fogstrup". ECI Partners.
- ↑ "Jesper With-Fogstrup | Group Chief Executive Officer - Moneypenny". Forbes Business Council. Forbes.
- ↑ "Andrew Collis - Forbes Finance Council". Forbes.
- ↑ "Eric Schurke". Fast Company. Fast Company.