OFX Group Ltd. Stock Analysis OFX.AX

OFX Group Ltd. engages in providing international payment and foreign exchange services. The company is headquartered in Sydney, New South Wales. The company went IPO on 2013-10-11. The company helps businesses and individuals to securely send and receive money, without bank fees. Its segments include APAC, North America and EMEA. Each region serves consumers, corporates, online sellers, and enterprise clients. The company provides simple payments to over 180+ countries online, in app, or over the phone with one of its OFXperts. Its Global Currency Account can make running clients' international or eCommerce business easier. Its eCommerce and business clients, the OFX Global Currency Account, allows clients to have up to seven foreign currency accounts, so they can pay invoices, receive payments, and easily reconcile transfers in euros, dollars or yen. An OFXpert will support and tailor solutions to clients' business needs. The company operates through various offices in London, Dublin, Sydney, Auckland, Hong Kong, Singapore, Toronto, and San Francisco.