Fexco acquires London’s largest specialist foreign exchange business

Killorglin-based financial services company Fexco has acquired London’s leading retail foreign exchange company, Thomas Exchange Global.

The deal strengthens Fexco’s position as the largest independent foreign exchange operator in the UK, where it holds 12% of the growing £9 billion market.

The acquisition of Thomas Exchange Global, which serves over one million customers in London, also positions Fexco as the largest independent foreign exchange operator in the city.