OFX to move its European HQ from London to Dublin

Australian money transfer and foreign exchange firm said it will create 15 jobs in the process with more likely to be added in the years ahead

Skander Malcolm, right, chief executive of OFX: ‘We are excited by the opportunities for growth in our business in Ireland and across the EU region’. Also pictured: Sean Fleming, minister of state at the Department of Finance and Maeve McMahon, head of Europe and Ireland for OFX

OFX, an Australian money transfer and foreign exchange firm, will migrate its European headquarters from London to Dublin this year, creating 15 jobs. The financial services firm said it is targeting Ireland and the EU as growth markets, and it is expected the company will increase its headcount in Dublin in the coming years.

OFX said its new Dublin office will be responsible for managing the company’s European portfolio and will include compliance, risk, finance, ...