Provider Insights

Geographical Focus:

XE Money Transfer offers services globally, with the ability to transfer money in 65 currencies to over 170 countries worldwide. The company is designed to meet the needs of both individual and business clients, offering them a variety of options for sending and receiving funds internationally.

Licenses:

USA: XE Money Transfer is a service provided by Continental Exchange Solutions, Inc. dba Xe USA, licensed as a Money Transmitter by the New York State Department of Financial Services; and authorized to operate as a money transmitter in all United States' jurisdictions where it conducts business.
UK: HiFX Europe Limited, trading as XE, is authorized by the Financial Conduct Authority under the Payment Services Regulations 2017, registration 462444, for the provision of payment services.
EU: XE Europe B.V. is authorized by the Dutch Central Bank (De Nederlandsche Bank) under the Payment Services Directive II, registration R149006, for the provision of payment services.

Last Fundraising Round:

XE was founded in August 1993 and became part of Euronet Worldwide (same as Ria Money Transfer) in June 2015. XE is recognized as the world's most visited currency site, facilitating billions of dollars in payments through its online foreign exchange services and catering to both individual and corporate clients.

Investors:

XE is part of the Euronet Worldwide family, which is a public company (NASDAQ: EEFT), and a well known brand in currency exchange. The partnership, along with Ria Money Transfer, forms the third largest money transfer business in the world.