OFX Acquires Firma Foreign Exchange Corporation for C$90m

Corpay Acquires Alpha Group International

November 6, 2025

Payments & Fintech

Corpay completed its acquisition of Alpha Group International plc in a deal valued at about $2.4 billion. Alpha provides B2B cross-border FX solutions and global bank accounts, and Corpay expects to expand Alpha’s investment-manager relationships into the US and Asia while driving accretion beginning in 2026.

Fiserv Completes Acquisition of Payfare

March 3, 2025

Payments & Fintech

Fiserv (via an affiliate, 1517452 B.C. Ltd.) has completed its previously announced acquisition of Payfare under a British Columbia plan of arrangement. The deal was designed to complement Fiserv’s embedded finance solutions with Payfare’s card program management and microservices orchestration capabilities.

insightsoftware Acquires FXLoader

June 5, 2024

Software

insightsoftware has acquired FXLoader, a UK-based provider of automated exchange rate loading software for ERP systems and financial applications. The acquisition expands insightsoftware's FP&A and consolidation capabilities by adding automated foreign-exchange rate integration and monitoring for multinational finance teams.

FLEETCOR Acquires Associated Foreign Exchange (AFEX)

September 17, 2020

Payments & Fintech

FLEETCOR Technologies, Inc. announced it will acquire Associated Foreign Exchange (AFEX), a global cross-border payments and FX risk management provider, to strengthen its corporate cross-border payments capabilities and complement its Cambridge Global Payments business. AFEX serves more than 35,000 customers and processes over $22 billion in annual volume; the deal was signed in September 2020 and expected to close in early 2021 subject to regulatory approvals.

Foreign Currency Direct Acquires Corporate Dealing Team and Client Portfolio from Foenix Partners

February 26, 2020

Payments & Fintech

Foreign Currency Direct, a Pollen Street Capital-backed international payments and FX specialist, has acquired a corporate dealing team and associated client portfolio from Foenix Partners Ltd. The team will join Foreign Currency Direct's corporate division, Infinity International, expanding the group's corporate FX and payments capabilities and client base in the UK.

Foreign Currency Direct Acquires Earthport FX from Earthport Limited

February 4, 2020

Payments & Fintech

Foreign Currency Direct, the Pollen Street Capital-backed international payments and FX specialist, has acquired Earthport FX Limited, the corporate payments and foreign exchange division of Earthport Limited. The business will join Foreign Currency Direct's corporate division (including Infinity International and Pure FX), increasing the group's scale and market presence in corporate cross-border payments for small and medium-sized businesses.