HiFX was a UK-based foreign exchange broker and payments provider. It was acquired by Euronet Worldwide in 2014. In 2019 it was merged with xe.com, another Euronet Worldwide subsidiary, and has since been operating under the xe.com brand.
History
The company was established in 1998 in the UK as Halewood International Foreign Exchange Limited by the three founders, Shaun Taylor, Laurence Butcher and Matthew Knowles with the backing of beverage company founder John Halewood of Halewood International.[2] HiFX went on to become one of the major UK non-bank foreign exchange companies.
Timeline
In 2001 it made its first expansion overseas when it opened an office in New Zealand. This was to become its second largest operation outside the UK and provided services to New Zealand, Australasia and the wider Asia Pacific region.[3]