Revolut is a new mobile-led currency exchange and transfer system which holds funds itself in various denominations, therefore minimizing the cost of transferring or exchanging currencies
Read moreFounded by Aussies in Ireland, CurrencyFair looks to disintermediate FX transfers for retail clients Dublin-based peer to peer currency exchange CurrencyFair has broken the $1 billion mark in money matching transfers according to a report by the Irish Times yesterday. The firm considers this a milestone for the international transfers sector, a division of the…
Read moreAfter a $439 million IPO last year, deliverable FX firm OzForex sought acquisition of British HiFX. Firm now states that this is very unlikely to proceed Deliverable FX had often been regarded as somewhat of a secondary business to that of the highly profitable electronic trading of foreign currencies via retail brokerages, until last year's…
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