FEXCO Expands Further in the UK
FEXCO, one of Ireland’s most successful multinational financial services companies is about to complete its latest acquisition in the UK. This will be FEXCO’s seventh acquisition in the UK over the last five years, positioning the company as one of the largest specialist high street Retail FX operators in the UK and the largest one in London.
According to FEXCO Group Executive Joe Redmond “This latest acquisition will see FEXCO take control of one of the longest established RFX operators in the UK which remains the most attractive Retail FX market in the world. The acquisition once completed will coincide with the launch of a ground breaking new consumer brand by FEXCO in the UK market. Our share of the UK market in the last five years has grown from zero to 5% and the number of people employed in our business has grown to over 400. Through our UK wide network, FEXCO has served over 2 million customers in 2017 and generated turnover in excess of £1 billion.