Fexco, an established fintech player, was founded in 1981 and is headquartered in Killorglin, Co. Kerry – in the Southwest of Ireland. The company has 2,600 employees and operates in 29 countries spanning Europe, the Middle East, APAC, North America, and LATAM.
info@fexco.com
1981
Fexco operates in the payments and FX sectors, providing products and services including Dynamic Currency Conversion (DCC), Multi-Currency Pricing (MCP), Shopping Retail FX, and Clear FX. Fexco offers bespoke managed and advisory services and a suite of payment management solutions through its corporate payments business.
PSPs, fintechs, banks, ATM owners/operators, FX, merchants (retail, hospitality, ground transport, airlines, gaming, universities)
Global
Payment Institution (authorised by the Central Bank of Ireland) with permission to provide payment services across Ireland, the EEA, and the UK. The Fexco Group also includes a number of other regulated firms, among which, for example: a retail credit firm (Ireland), TCSPs (Ireland and the UK), an insurance intermediary (Ireland), and bureau-de-change/money service businesses (Ireland and the UK). We also operate as a regulated business in the Pacific region. In addition, some of our unregulated businesses support a large number of partner banks and peer firms with their respective regulated activities.
All account types
We support all the major and minor currencies across the key global regions, as well as a portfolio of some exotic currencies. We buy and sell up to 64 currencies through our retail, online, or walk-up channels.
Our rates are based on live inter-bank pricing updated throughout the day – depending on customer requirements.
Settlements can be made to dedicated safeguarded client asset accounts in approximately 16 currencies – for payment processing. Our corporate payments service is subject to regulation by the Central Bank of Ireland and Financial Conduct Authority, and clients can be assured at all times that there is no risk to their funds.
Fexco has a number of payment options including GBP Faster Payments, SEPA, Worldwide Urgent, and standard payments – and we have a 97% straight-through processing rate.
We continuously seek to leverage emerging technologies, such as AI and Open Banking, to create value for clients and optimal customer experience. Our research hub in Killorglin reflects our desire to harness these developments.
We have the top five of the world's biggest acquirers as well as the leading luxury retailers, hospitality, and travel retailers as clients.
Amadeus, Ingenico, Worldline, Oracle, Freedompay