Currency Online

Auckland, New Zealand Founded: 1986 • Age: 40 yrs Acquired By HiFX
International money transfers and foreign exchange are facilitated online.

About Currency Online

Currency Online is a Financial Services company based in Auckland (New Zealand) founded in 1986, and was acquired by HiFX in October 2008. It operates as an international money transfers and foreign exchange are facilitated online. Its chief executive is Michael Brown. The company was acqui-hired. Its focus areas include FinTech, Digital Remittance, Internet First Platforms and P2P Remittance. Its legal entity is CURRENCY ONLINE LIMITED. Its competitors include Remitly, Euronet Worldwide, Azimo, Xoom and BookMyForex and 4 more; 6 of its 9 listed competitors have raised funding.

Company details

Currency Online Ltd was founded in 1986 in Auckland, New Zealand, initially addressing foreign exchange requirements for the automotive sector. Operations expanded to deliver international payment solutions for private and corporate clients worldwide. In 2008, acquisition by the HiFX Group incorporated its DFX online platform for money transfers. Further integration occurred in 2014 when HiFX was acquired by Euronet Worldwide, enhancing global service capabilities in the financial technology sector.

Key Metrics
  • Annual Revenue
    $3.45 M (USD)
    4
    as on Jun 30, 2011
  • Net Profit
    $857.83 K (USD)
    8
    as on Jun 30, 2011
  • EBITDA
    $1.23 M (USD)
    8
    as on Jun 30, 2011
  • Investors
  • Acquired by
    HiFX

    (Oct 2008)

Investors in Currency Online

Currency Online has secured backing from 1 investor. Prominent investors backing the company include HiFX.

All
InvestorDescriptionFounded YearDomainLocation
Foreign exchange and international money transfers are facilitated by HiFX.
1997hifx.co.ukWindsor, Australia
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Investor details for Currency Online

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People of Currency Online

1 people are tracked at Currency Online (1 in leadership).

NameRoleGroup
Michael Brown
CEOLeadership
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Timeline of Currency Online

2 dated milestones of Currency Online across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded Currency Online is founded.
  2. Exit Acquired by HiFX.

Competitors of Currency Online

Currency Online has 9 listed competitors in our database, 6 of them funded. They include Remitly, Euronet Worldwide, Azimo, Xoom and BookMyForex, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
remitly.com2011Seattle, United States$435.93M2,700
Cross-border money transfers are facilitated via banking networks.
euronetworldwide.com1994Leawood, United States–10,000
Electronic payments and transaction processing solutions are offered globally.
azimo.com2012London, United Kingdom$68.82M164
Cross-border money transfers are enabled via a digital banking channel.
xoom.com2001San Francisco, United States$106.44M42
Cross-border money transfers are enabled via banking channels.
bookmyforex.com2011Gurugram, India$5.59M231
Online foreign exchange and remittance services are facilitated in India.
ofx.com1998Sydney, Australia––
International money transfer service provider.
nala.com2017Nairobi, Kenya$50.15M–
Cross-border remittances are enabled online for individuals worldwide.
smallworldfs.com2005London, United Kingdom–867
International money transfers are provided to consumers worldwide.
pangeamoneytransfer.com2012Chicago, United States$39.8M26
Money transfer through banking channels
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Detailed competitors of Currency Online

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Web traffic of Currency Online

Websites that share an audience with Currency Online (currencyonline.com).

Similar websites

Websites whose visitors overlap most with Currency Online. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
anz.co.nz
anz.co.nz
100%
–#4,913–
asb.co.nz
100%
3.9M#11,127View details
bnz.co.nz
100%
680.7K#21,907View details
nationalbank.co.nz
nationalbank.co.nz
100%
–––
currencyuk.co.uk
currencyuk.co.uk
85%
–––
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 10 similar websites and full traffic analytics for Currency Online

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  • Audience overlap
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Top companies in Payments & Remittance Platforms

10 companies that operate in the same segment as Currency Online (Payments & Remittance Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing and on-demand delivery services are aggregated via mobile app.
2012Singapore, Singapore, SingaporeUSD 10.38 BUSD 3.37 B57,733
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 2.81 BUSD 1.05 B39,368
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 BUSD 950.07 M12,265
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B–16,622
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 741.62 MUSD 302.19 M2,850
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.07 B–6,209
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 589.25 MUSD 179.52 M3,670
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Online payment processing and credit solutions are provided for businesses.
2002Amsterdam, North Holland, NetherlandsUSD 35.15 MUSD 5.47 B3,355
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Frequently Asked Questions about Currency Online

Currency Online was founded in 1986.

Currency Online is headquartered in Auckland, New Zealand.

Michael Brown is the current CEO of Currency Online.

Annual revenue of Currency Online is $3.45M as on Jun 30, 2011.

Currency Online Ltd was founded in 1986 in Auckland, New Zealand, initially addressing foreign exchange requirements for the automotive sector. Operations expanded to deliver international payment solutions for private and corporate clients worldwide. In 2008, acquisition by the HiFX Group incorporated its DFX online platform for money transfers. Further integration occurred in 2014 when HiFX was acquired by Euronet Worldwide, enhancing global service capabilities in the financial technology sector.

Currency Online's top competitors include Azimo, Euronet Worldwide and NALA.

Currency Online has 1 investor. Key investors include HiFX.

Currency Online operates through Currency Online Limited.

Yes. Currency Online was acquired by HiFX in October 2008.

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