About Exchange4free
Exchange4free is a company based in London (United Kingdom) founded in 2004 was acquired by AZA Finance in April 2021.. Exchange4free offers products and services including Mass Payouts, Send Money Online, and Receiving International Payments. Exchange4free operates in a competitive market with competitors including Remitly, Euronet Worldwide, Xoom, BookMyForex and OFX, among others.
- Headquarter London, United Kingdom
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Exchange4free Ltd
- Date of Incorporation 10 Jun, 2004
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
AZA Finance
(Apr 28, 2021)
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Products & Services of Exchange4free
Exchange4free offers a comprehensive portfolio of products and services, including Mass Payouts, Send Money Online, and Receiving International Payments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for bulk international payment processing
Service for secure online international money transfers
System to handle inbound global transactions efficiently
Funding Insights of Exchange4free
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Exchange4free
Exchange4free has secured backing from 1 investor. Prominent investors backing the company include AZA Finance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Software for cross-border remittances and forex management is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Exchange4free
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Exchange4free
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Exchange4free Comparisons
Competitors of Exchange4free
Exchange4free operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Remitly, Euronet Worldwide, Xoom, BookMyForex and OFX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cross-border money transfers are facilitated via banking networks.
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| domain | founded_year | HQ Location |
Electronic payments and transaction processing solutions are offered globally.
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled via banking channels.
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| domain | founded_year | HQ Location |
Online foreign exchange and remittance services are facilitated in India.
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| domain | founded_year | HQ Location |
International money transfer service provider.
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled via a digital banking channel.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Exchange4free
When was Exchange4free founded?
Exchange4free was founded in 2004.
Where is Exchange4free located?
Exchange4free is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
What does Exchange4free do?
Exchange4free was founded in 2004 and is headquartered in London, United Kingdom. Services in foreign exchange and money transfers are provided to personal and business clients internationally. Operations include white-label platforms for money transfers, global payments, delivery services, and forex technology solutions. Transfers are facilitated through banks, mobile wallets, cards, and social media channels, with mobile options limited to Africa.
Who are the top competitors of Exchange4free?
Exchange4free's top competitors include Azimo, Euronet Worldwide and NALA.
What products or services does Exchange4free offer?
Exchange4free offers Mass Payouts, Send Money Online, and Receiving International Payments.
Who are Exchange4free's investors?
Exchange4free has 1 investor. Key investors include AZA Finance.
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