Fexco acquires Thomas Exchange Global, London’s largest specialist foreign exchange business
Fexco today announced the acquisition of London’s leading retail foreign exchange (FX) company, Thomas Exchange...
A world leader in innovative fintech, payments & business solutions, with operations in 29 countries worldwide.
Founded and headquartered in Ireland in 1981, Fexco employs more than 2,300 people across Europe, the Middle East, Asia, North America, Latin America and Australasia.
Fexco serves some of the world’s biggest brands across multiple industries through a wide range of innovative products and services, including Dynamic Currency Conversion, Bank to Bank Transfers, Retail FX, Managed Business Solutions and Tax Free Retail Services, processing more than US$14 billion in transactions annually.
For thirty six years, Fexco has been driven by an entrepreneurial and innovative spirit. This ethos has brought the company to new regions and industries of growth, connecting customers with exciting new opportunities. Through its strategic commitment to innovation, project delivery and customer service, Fexco has built a global network of partners and customers and is an internationally admired and respected organisation.
Fexco enables customers, companies and economies to unlock their potential in financial transaction services and business solutions and is pursuing an ambitious domestic and international growth strategy. Recent corporate transactions include the acquisition of one of Ireland’s leading institutional brokers and corporate finance houses, Goodbody, in 2011; leading London based FX and payments companies, Currency Exchange Corporation, Cash A Cheque and ChangeLink; the launch of EasyDebit, a revolutionary micro-ATM service, in the Philippines in 2016 and investment in Airborne Capital, a new aircraft asset management venture in 2017.
Fexco is financially strong and occupies market leading positions in a number of countries and across various products within its portfolio. The company receives regular industry recognition and has received numerous international awards for its contact centres, payment transaction processing and its foreign exchange activities. Fexco maintains close links to the communities in which it operates and is committed to creating and maintaining sustainable employment in these communities.
Fexco’s goal is to be recognised as the world leader in all areas of financial transaction services and business solutions, while ensuring sustainability for its people and the communities in which it exists. Fexco Summary Financial Statement
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