Sunday February 23, 2020

Currency exchange firm makes hay in rates fray

CurrencyFair could be ready for flotation within a few years

4th September, 2016
Richard Rose, chairman, CurrencyFair Pic: Jason Alden

CurrencyFair, the peer-to-peer currency exchange based in Ballsbridge in Dublin, was quick off the mark last Wednesday. On the morning the European Commission concluded that Ireland granted undue tax benefits of €13 billion to Apple, it tweeted the world’s biggest technology company, offering its services to convert dollars to euro.

The move, it said, would save Apple $369 million versus traditional banking routes. Its tweet generated over 500 retweets within a couple of...

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