OFX’s UKForex introduces international payments service for online merchants LeapRate

July 28, 2016 BY Valentina Kirilova

OFX’s UKForex introduces international payments service for online merchants

UKForex, part of international payment businesses company OFX, short for Ozforex Group Ltd (ASX:OFX), has announced the launch of OFX for Online Sellers, a new online merchant solution that streamlines payments from international marketplaces such as eBay and Amazon into bank accounts in the USA, Canada, Eurozone, Hong Kong, Australia, and the UK. The new product…

May 03, 2016 BY Maria Nikolova

OFX enables customers to make international money transfers on weekends

International payments services provider OFX, or Ozforex Group Ltd (ASX:OFX), today announces the launch of a 24/7 service, meaning that its customers will be able to transact on weekends too. The move is in line with the corporate strategy that envisages increased focus on customers. The service will enable customers to transact online, speak to…

February 09, 2016 BY LeapRate Staff

OzForex shares dive 42% after Western Union talks called off

The stock market can be a very unforgiving place. Following our report yesterday that money transfer services provider OzForex Group Ltd (ASX:OFX) was calling off its acquisition talks with The Western Union Company (NYSE:WU), OzForex shares took a nosedive to the tune of 42%, closing the day Monday at AUD $1.79. The previous day's close was AUD…

February 08, 2016 BY Maria Nikolova

OFX ends acquisition talks with Western Union

Provider of online payment services Ozforex Group Ltd (ASX:OFX), which recently rebranded as OFX, today announces the termination of acquisition talks with The Western Union Company (NYSE:WU). In November last year, Western Union submitted an indicative conditional proposal for all of OzForex's issued share capital. Under the proposal, Western Union would have acquired 100% of the…

December 18, 2015 BY Maria Nikolova

OzForex rebrands to OFX, releases new website

Provider of online international payment services Ozforex Group Ltd (ASX:OFX), which is currently considering a takeover proposal from The Western Union Company (NYSE:WU), today announced its rebranding the single global brand ‘OFX’. The key point of the rebranding is to reflect the global nature of OFX’s business, making the company more identifiable to customers globally and…

November 26, 2015 BY Maria Nikolova

OzForex to engage in exclusive acquisition talks with Western Union

Shortly after receiving an indicative conditional proposal from The Western Union Company (NYSE:WU) for all of its issued share capital, Ozforex Group Ltd (ASX:OFX) has agreed to engage in further acquisition talks on exclusive basis to progress the proposal. Under the proposal, Western Union will acquire 100% of the shares of OzForex for an all cash…

November 19, 2015 BY Maria Nikolova

OzForex confirms takeover approach from Western Union

A lot has been going on the mergers and acquisitions front lately, with the freshest news in this respect provided from Ozforex Group Ltd (ASX:OFX), an international provider of online payment services. OzForex has just confirmed that it has received a takeover approach from the Western Union Company (NYSE:WU). Under the preliminary, non-binding, indicative conditional…

November 10, 2015 BY Maria Nikolova

OzForex registers record turnover in H1 FY 2016

Ozforex Group Ltd (ASX:OFX), an international provider of online payment services, has earlier today posted a set of robust financial metrics for the six months to September 30, 2015, that is, the first half of the Group's fiscal year 2016. Turnover for the six months to September 30, 2015, amounted to A$10 billion (US$ 7.05…

September 23, 2015 BY Maria Nikolova

Adam Smith to become Chief Operating Officer of OzForex

Mr Smith will take up the new role on October 6, 2015, as the company reshuffles its executive team.

August 17, 2015 BY Maria Nikolova

OzForex, Xero seal strategic partnership in international payments area

Xero’s Australian customers, who have also registered with OzForex, will be able to automatically make international payments against Xero invoices directly from the OzForex platform.

Tag: Ozforex Group Ltd (ASX:OFX)