Currencyfair strikes €11 million deal to enter major Asian market

Currencyfair strikes €11 million deal to enter major Asian market

Currencyfair, the Dublin-based money transfer company, did a deal worth almost €11 million in order to strike a strategic merger-acquisition agreement to help it to crack the Asian market.

Share transfers worth €11.71 million were made to buy into Convoy Payments, the Hong Kong-based money transfer firm, and were allotted to companies and an individual connected with Convoy, new financial filings show.

Currencyfair, which is said to have hit profitability for the first time last year, did...

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