First Rate FX

London, United Kingdom Founded: 2005 • Age: 21 yrs Acquired By Moneycorp
Online platform for foreign exchange services and trading

About First Rate FX

First Rate FX is a Technology company based in London (United Kingdom) founded in 2005, and was acquired by Moneycorp in December 2017. Online platform for foreign exchange services and trading. The company has 29 employees. The company was acqui-hired. First Rate FX offers products and services including Corporate Payment Solutions, Financial Institution Solutions, and Private Client Services. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Forex. Its legal entity is FIRST RATE FX LIMITED.

Company details

First Rate FX was established in 2005 and is headquartered in London, United Kingdom. Operations are centered in the financial technology sector, where an online brokerage platform is maintained for foreign currency trading. Services encompass currency exchange and international payments, enabling users to conduct cross-border transactions through digital interfaces. The platform supports various trading tools tailored to forex markets.

  • Headquarters London, United Kingdom
  • Employees 29
  • Stage Acquired
  • Sectors
    Technology
  • Website firstratefx.com
  • Social LinkedIn
  • Acquired by Moneycorp (Dec 2017)
  • Legal Name First Rate Fx Limited
Key Metrics
  • Net Profit
    $135.8 K (USD)
    -72
    as on Dec 31, 2017
  • Investors
  • Employee Count
    29
  • Acquired by
    Moneycorp

    (Dec 2017)

Products & Services of First Rate FX

First Rate FX offers a comprehensive portfolio of products and services, including Corporate Payment Solutions, Financial Institution Solutions, and Private Client Services.

Corporate Payment Solutions
B2B Services

Tailored solutions for business payments and foreign exchange needs.

Financial Institution Solutions
Institutional Services

Tools for banks to handle international payments securely.

Private Client Services
B2C Services

Foreign exchange options for individual cross-border transactions.

Investors in First Rate FX

First Rate FX has secured backing from 1 investor. Prominent investors backing the company include Moneycorp.

All
InvestorDescriptionFounded YearDomainLocation
Banking channel for cross-border money transfers
1962moneycorp.comLondon, United Kingdom
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Investor details for First Rate FX

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Timeline of First Rate FX

2 dated milestones of First Rate FX across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded First Rate FX is founded.
  2. Exit Acquired by Moneycorp.

Top companies in Investment & Financial Technology

2 companies that operate in the same segment as First Rate FX (Investment & Financial Technology) in United Kingdom, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online data source platform for information, analytics, and solutions for governments and financial markets
1959London, England, United KingdomUSD 1.41 B
AI-based platform for automated personal spend management is provided.
2016London, England, United KingdomUSD 75.78 M
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Frequently Asked Questions about First Rate FX

First Rate FX was founded in 2005.

First Rate FX is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

First Rate FX has 29 employees.

First Rate FX was established in 2005 and is headquartered in London, United Kingdom. Operations are centered in the financial technology sector, where an online brokerage platform is maintained for foreign currency trading. Services encompass currency exchange and international payments, enabling users to conduct cross-border transactions through digital interfaces. The platform supports various trading tools tailored to forex markets.

First Rate FX offers Corporate Payment Solutions, Financial Institution Solutions, and Private Client Services.

First Rate FX has 1 investor. Key investors include Moneycorp.

First Rate FX operates through First Rate Fx Limited.

Yes. First Rate FX was acquired by Moneycorp in December 2017.

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