About Commonwealth Foreign Exchange
Commonwealth Foreign Exchange is a Financial Services company based in Los Angeles (United States) founded in 1997, and was acquired by Moneycorp in May 2017. Commonwealth Foreign Exchange offers products and services including FX Solutions, International Payments, and Risk Management. Its focus areas include FinTech, Forex Tech, Foreign Currency Services and Currency Exchanges. Its competitors include Western Union, VERTO and Intermex; 1 of its 3 listed competitors has raised funding.
Company details
Internet-first currency exchange platform. It offers solutions such as global currency exchange, global payments, and more.
- Headquarters Los Angeles, United States
- Stage Acquired
- SectorsFinancial Services
- Website commonwealthfx.com
- Social LinkedIn X YouTube
- Acquired by Moneycorp (May 2017)
Products & Services of Commonwealth Foreign Exchange
Commonwealth Foreign Exchange offers a comprehensive portfolio of products and services, including FX Solutions, International Payments, and Risk Management.
Manages foreign exchange for global transactions and risk mitigation
Facilitates secure cross-border money transfers via online platform
Offers hedging tools for currency risk in international trade
Apps and channels of Commonwealth Foreign Exchange
its YouTube channel moneycorp Americas has 35 subscribers and 19 videos.
Videos from Commonwealth Foreign Exchange
The most watched videos on Commonwealth Foreign Exchange's YouTube channel, moneycorp Americas (35 subscribers). Click a video to play it here.
More on moneycorp Americas.
Investors in Commonwealth Foreign Exchange
Commonwealth Foreign Exchange has secured backing from 1 investor. Prominent investors backing the company include Moneycorp.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Banking channel for cross-border money transfers | 1962 | moneycorp.com | London, United Kingdom |
Investor details for Commonwealth Foreign Exchange
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Commonwealth Foreign Exchange
1 people are tracked at Commonwealth Foreign Exchange (1 in leadership).
| Name | Role | Group |
|---|---|---|
Paul Vierck | Managing Director | Leadership |
Complete people profiles for Commonwealth Foreign Exchange
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Commonwealth Foreign Exchange
2 dated milestones of Commonwealth Foreign Exchange across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Commonwealth Foreign Exchange is founded.
- Exit Acquired by Moneycorp.
Competitors of Commonwealth Foreign Exchange
Commonwealth Foreign Exchange has 3 listed competitors in our database, 1 of them funded. They include Western Union, VERTO and Intermex.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| westernunion.com | 1851 | Denver, United States | 196 | Provider of remittance services | ||
| vertofx.com | 2017 | Palo Alto, United States | $12.1M | 47 | Cross-border payments and foreign exchange solutions are provided to businesses. | |
| intermexonline.com | 1994 | Miami, United States | Cross-border remittances are enabled for individuals and businesses. |
Detailed competitors of Commonwealth Foreign Exchange
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Forex Tech
3 companies that operate in the same segment as Commonwealth Foreign Exchange (Forex Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
An online platform is utilized for trading forex and CFDs. | 1995 | San Francisco, California, United States | USD 117.05 M | USD 317.42 | ||
Online cross-border remittance platform for individuals | 2019 | San Francisco, California, United States | USD 60 M | |||
Cross-border payments and foreign exchange solutions are provided to businesses. | 2017 | Palo Alto, California, United States | USD 12.1 M |
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Frequently Asked Questions about Commonwealth Foreign Exchange
Commonwealth Foreign Exchange was founded in 1997.
Commonwealth Foreign Exchange is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Internet-first currency exchange platform. It offers solutions such as global currency exchange, global payments, and more.
Commonwealth Foreign Exchange's top competitors include VERTO, Western Union and Intermex.
Commonwealth Foreign Exchange offers FX Solutions, International Payments, and Risk Management.
Commonwealth Foreign Exchange has 1 investor. Key investors include Moneycorp.
Yes. Commonwealth Foreign Exchange was acquired by Moneycorp in May 2017.