About OFX
OFX is a company based in Sydney (Australia) founded in 1998. The company has 692 employees as of March 31, 2024. OFX has completed 2 acquisitions, including Firma FX and Paytron. OFX offers products and services including OFX Money Transfer, OFX App, and Currency Tools. OFX operates in a competitive market with competitors including Remitly, Euronet Worldwide, Xoom, BookMyForex and NALA, among others.
- Headquarter Sydney, Australia
- Employees 692 as on 31 Mar, 2024
- Stage Public
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Ofx Group Limited
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IPO & Listings of OFX
OFX is a publicly listed company on the ASX with ticker symbol OFX in Australia, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of OFX
OFX offers a comprehensive portfolio of products and services, including OFX Money Transfer, OFX App, and Currency Tools.
Enables secure international money transfers for businesses and individuals.
Facilitates checking rates and tracking transfers on mobile devices.
Provides rate alerts and historical data for currency exchange decisions.
People of OFX
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Software Development Team
36 people
Leadership Team
15 people
Sales and Marketing
14 people
Senior Team
12 people
Finance and Accounting
10 people
Legal and Compliance
10 people
Product Management Team
9 people
Human Resources and Administration
7 people
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Funding Insights of OFX
Investors in OFX
OFX has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Accel and The Carlyle Group.
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Accel is recognized as a leading venture capital firm.
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Private equity investments are directed toward multiple sectors.
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Investor details for OFX
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
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Investments & Acquisitions by OFX
OFX has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Firma FX and Paytron.
Investment portfolio details for OFX
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Payment processing solutions are offered to businesses for various transactions.
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Foreign currency exchange and remittance services are provided in Canada.
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Complete acquisition details for OFX
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - OFX
Detailed financials for OFX
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- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Ofx Comparisons
Peer comparison for OFX
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of OFX
OFX 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 NALA, among others.
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Cross-border money transfers are facilitated via banking networks.
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Electronic payments and transaction processing solutions are offered globally.
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Cross-border money transfers are enabled via banking channels.
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Online foreign exchange and remittance services are facilitated in India.
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Cross-border remittances are enabled online for individuals worldwide.
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Cross-border money transfers are enabled via a digital banking channel.
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Detailed competitors of OFX
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
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Latest news on Ofx
Complete news archive for OFX
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about OFX
OFX was founded in 1998 and raised its 1st funding round 12 years after it was founded.
OFX is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
As of Mar 31, 2024, the latest employee count at OFX is 692.
Annual revenue of OFX is $144.49M as on Mar 31, 2025.
OFX was founded in 1998 in Sydney, Australia, as a provider of international money transfer services in the financial technology sector. Operations are conducted for both personal and business clients through banking networks to enable cross-border payments. Integration with cloud accounting platforms like Xero and Saasu is supported, allowing foreign currency invoices to be settled efficiently. The service operates under the trading name OzForex Limited.
OFX's top competitors include Azimo, Euronet Worldwide and NALA.
OFX offers OFX Money Transfer, OFX App, and Currency Tools.
Yes, OFX is publicly traded on ASX under the ticker symbol OFX.
OFX has 2 investors. Key investors include Accel, and The Carlyle Group.
The ticker symbol of OFX is OFX on ASX.