OFX , previously known as OzForex is an Australian online foreign exchange and payments company with headquarters in Sydney.

The company provides money transfer services to Travelex , MoneyGram , Xero , ING Direct , and Macquarie International Money Transfers as well as individuals such as migrants and expatriates and small businesses.

OzForex was started by Matthew Gilmour in while working as the head of foreign exchange at Bankers Trust. It operated a number of different territory specific brands that include UKForex , CanadianForex , NZForex , USForex as well as ClearFX and Tranzfers before a brand consolidation to OFX starting in Since OzForex was founded in , [2] it has grown from being an Australian-based foreign exchange information website to a specialist international payments service provider with a strong presence in Australia, the United Kingdom, Canada, the United States and countries in Europe and the Asia Pacific.

Matthew Gilmour launched the company in in Sydney, Australia. In the company launched its first online money transfer facility. In Matt sold part of OzForex to Gary Lord an ex BT colleague and in sold again so that both were equal shareholders and they became Joint MD's. In , OFX began offering a platform for international money transfers through ING Direct.

In , it launched the brand ClearFX. Representatives from both Accel Partners and Carlyle serve on the OFX Board of Directors.

Kalkine- Forward Thinking

The Company's founders and Macquarie Private Wealth, which is part of Macquarie Group, together retained significant ownership of OFX, with Neil Helm continuing as CEO. In , the Company launched a Travel Card and opened an office in San Francisco using the USForex brand.

It established an international payment solution with Travelex in the UK. In , OFX signed a partnership with global money transfer service MoneyGram in the UK, providing an account-to-account service through a white label arrangement.

In August , OFX announced a global rebranding to commence in Australia in late In December , OFX unveiled the new brand and OFX.

In February , citing "Delivery against the strategy has not consistently met the board or shareholders' expectations", OFX's chairman announced that John Alexander "Skander" Malcolm will replace Richard Kimber as CEO. OzForex Limited ABN 65 , a wholly owned subsidiary of OzForex Group Limited ABN 12 has an Australian Financial Services Licence AFSL and is regulated by the Australian Securities and Investments Commission ASIC to deal and give advice in foreign exchange and derivatives.

In addition, USForex is licensed in a number of U. States by the relevant State Banking Department s as a Money Transmitter. USForex is licensed as a Money Transmitter by the Banking Dept.

UKForex Limited registered in England and Wales under company number is a wholly owned subsidiary of OzForex Limited. UKForex is regulated by the Financial Conduct Authority as an Authorised Payment Institution Firm Reference Number: CanadianForex is a Money Services Business as defined in the Proceeds of Crime Money Laundering and Terrorist Financing Act PCMLATF Act and as such is regulated by FINTRAC with registration number M [23].

ClearFX is provided by OzForex HK Limited OzForex HK and is a wholly owned subsidiary of OzForex Limited. ClearFX is licensed as a Money Service Operator with the Customs and Excise Department Hong Kong license number From Wikipedia, the free encyclopedia.

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CanadianForex NZForex UKForex USForex ClearFx. The Australian, 27 February The Australian, 19 June The Australian Financial Review, 19 June AFX News Limited on Forbes. The Sydney Morning Herald, 14 October Retrieved from " https: Foreign exchange companies Financial services companies based in Sydney Companies established in Wikipedia articles with possible conflicts of interest from December Articles with a promotional tone from December All articles with a promotional tone Use dmy dates from July Use Australian English from July All Wikipedia articles written in Australian English Pages using deprecated image syntax Pages using infobox company with unsupported parameters.

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Financial Services Foreign Exchange. Steven Sargent Chairman John Alexander "Skander" Malcolm — CEO and Managing Director.