About FM Exchange
FM Exchange is a company based in Ottawa (Canada) founded in 2021. It operates as a B2C and D2C. FM Exchange offers products and services including FM Exchange App. FM Exchange operates in a competitive market with competitors including Western Union, InstaReM, Xe, Rail and Code, among others.
- Headquarter Ottawa, Canada
- SectorsFinancial Services
- Email••••••••
- Website fmexchange.ca
- Social X
- Legal Name Flourishing Mart Ltd
Products & Services of FM Exchange
FM Exchange offers a comprehensive portfolio of products and services, including FM Exchange App.
Mobile app for secure currency exchange and money transfers.
Apps and channels of FM Exchange
FM Exchange publishes 2 mobile apps with over 1K+ downloads.
Competitors of FM Exchange
FM Exchange 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 Western Union, InstaReM, Xe, Rail and Code, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| westernunion.com | 1851 | Denver, United States | – | 196 | Provider of remittance services | |
| instarem.com | 2014 | Singapore | $5M | – | Cross-border money transfers are facilitated for individuals and businesses. | |
| xe.com | 1993 | Newmarket, Canada | – | – | Online foreign exchange tools and currency services are provided. | |
| rail.io | 2021 | Toronto, Canada | $10.2M | – | Cross-border payment infrastructure is provided by Rail for global transfers. | |
| getcode.com | 2001 | Waterloo, Canada | $6.5M | – | Blockchain-based cross-border payment solution for individuals and businesses | |
| paxum.com | 2007 | Dollard Des Ormeaux, Canada | – | – | Offers online money transfers, payments, and prepaid cards for users globally. | |
| baneks.com | 2018 | Waterloo, Canada | – | – | Currencies are sent, received, and exchanged via a secure platform. | |
| moneymoov.com | 2019 | Mississauga, Canada | – | 1 | Global remittances are enabled for individuals and businesses online. | |
| merc2tech.com | 2013 | Toronto, Canada | – | – | Cross-border remittance solution for consumers and businesses |
Detailed competitors of FM Exchange
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Similar companies to FM Exchange
10 companies that operate in the same segment as FM Exchange (Currency Exchange Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Foreign exchange services are provided to facilitate international money access. | 1976 | London, England, United Kingdom | – | – | – | |
Forex market settlement, processing, and data solutions are provided globally. | 1997 | London, England, United Kingdom | – | – | – | |
Currency management services are provided by Argentex globally. | 2011 | London, England, United Kingdom | – | USD 50.71 M | 86 | |
Provider of foreign exchange expertise and execution for middle market companies | 2002 | South Jordan, Utah, United States | – | – | 114 | |
Currency exchange services for clients are provided by CXI internationally. | 1998 | Lynnwood, Washington, United States | – | USD 72.32 M | 390 | |
Precious metal bullion, coins, and storage products are retailed online. | 2004 | – | USD 70 M | – | – | |
Functions as an online platform for buying and selling cryptocurrencies like Beam and Grin. | 2020 | Delhi, Delhi, India | – | – | – | |
Olympia Trust Company is engaged in providing trust and financial services to Canadian investors. | 1996 | Calgary, Alberta, Canada | – | – | – | |
Cross-border money transfers and currency exchange services are offered. | 1996 | Petaling Jaya, Selangor, Malaysia | – | USD 47.36 M | – | |
Provider of currency exchange services | 2003 | London, England, United Kingdom | – | – | – |
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Frequently Asked Questions about FM Exchange
FM Exchange was founded in 2021.
FM Exchange is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
FM Exchange, operated by Flourishing Mart Ltd, is a platform that enables immigrants to exchange currencies securely and set their own rates. It facilitates easy money transfers to home countries through a user-friendly app. Based in Ottawa, Canada, the company is regulated by FINTRAC and serves customers in Canada, UK, and Eurozone, focusing on reliable and fast services for individuals.
FM Exchange's top competitors include Western Union, InstaReM and Xe.
FM Exchange offers FM Exchange App.
FM Exchange operates through Flourishing Mart Ltd.
Yes. FM Exchange publishes FM Exchange and 1 more app, with over 1,000 downloads.