IFX Payments

London, United Kingdom Founded: 2005 • Age: 21 yrs
Provides digital treasury management and foreign exchange services for businesses worldwide.

About IFX Payments

IFX Payments is a company based in London (United Kingdom) founded in 2005 by Nick Williams. It operates as a B2B, and SaaS. The company has 95 employees as of January 31, 2022. IFX Payments has completed 1 acquisition, including Argentex. IFX Payments offers products and services including ibanq and Foreign Exchange Services. IFX Payments operates in a competitive market with competitors including Stripe, Square, Flutterwave, PayU and Mollie, among others.

  • Headquarter London, United Kingdom
  • Employees 95 as on 31 Jan, 2022
  • Founders Nick Williams
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ifx (Uk) Ltd
  • Date of Incorporation 12 Apr, 2005
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    95

    as on Jan 31, 2022

  • Investments & Acquisitions
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Products & Services of IFX Payments

IFX Payments offers a comprehensive portfolio of products and services, including ibanq and Foreign Exchange Services. 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.

Primary

Digital platform for multi-currency accounts and cross-border payments

Bespoke services for currency management and hedging

Funding Insights of IFX Payments

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by IFX Payments

IFX Payments has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Argentex. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Currency management services are provided by Argentex globally.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - IFX Payments

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ifx Payments Comparisons

Employees
+
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Competitors of IFX Payments

IFX Payments 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 Stripe, Square, Flutterwave, PayU and Mollie, 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
domain founded_year HQ Location
Payment processing and card issuance solutions are provided for businesses.
domain founded_year HQ Location
POS solutions are provided for retail businesses.
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
Online payment processing and credit solutions are provided for businesses.
domain founded_year HQ Location
Online payment solutions are provided for businesses via API.
domain founded_year HQ Location
Autonomous finance and payment solutions are provided to businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ifx Payments

Frequently Asked Questions about IFX Payments

When was IFX Payments founded?

IFX Payments was founded in 2005.

Where is IFX Payments located?

IFX Payments is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

How many employees does IFX Payments have?

As of Jan 31, 2022, the latest employee count at IFX Payments is 95.

What does IFX Payments do?

IFX Payments delivers bespoke digital foreign exchange and payment solutions to help businesses manage international transactions efficiently. Operating through platforms like ibanq, they offer multi-currency accounts, cross-border payments, and currency hedging. Based primarily in London, United Kingdom, they serve corporate clients globally, streamlining operations to save time and money while ensuring secure and cost-effective services.

Who are the top competitors of IFX Payments?

IFX Payments's top competitors include Stripe, PayU and Flutterwave.

What products or services does IFX Payments offer?

IFX Payments offers ibanq and Foreign Exchange Services.

How many acquisitions has IFX Payments made?

IFX Payments has made 1 acquisition, including Argentex.

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