CurrencyFair passes $1 billion in matched retail currency transactions LeapRate

April 30, 2014 BY Andrew Saks-McLeod

CurrencyFair passes $1 billion in matched retail currency transactions

Founded 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…

March 31, 2014 BY Andrew Saks-McLeod

High-value M&A hopes of deliverable FX firms curtailed as OzForex cuts talks with HiFX

After 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…

March 12, 2014 BY Andrew Saks-McLeod

IPO Interest Among Deliverable FX Firms Swells As Travelex Embarks On $1 Billion Plan

The stratospheric sums which are being applied to IPOs within the deliverable FX sector are most certainly going in one direction - upwards Deliverable FX retailer Travelex has joined the ranks of many retail-orientated firms which provide direct deliverable service to an international client base, in setting its sights on a $1 billion initial public…

Tag: OzForex IPO