Fexco Group buys Sainsbury's Travel Money business
UK, JUL 30 – Fexco will operate over 220 Sainsbury's Travel Money outlets and expand its UK presence to 460 locations, serving nearly 10% of the UK foreign exchange market.
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5 Articles
Fexco Expands UK Presence with Acquisition of Sainsbury's Travel Money
Irish payments company Fexco Group has acquired Sainsbury’s Travel Money, marking a major expansion in the UK retail foreign exchange market. The move places Fexco among the top five players in the sector. Fexco will take over all operations of Sainsbury’s Travel Money. This includes its digital platforms and more than 220 travel money bureaux within Sainsbury’s stores. Integration is planned for early 2026. The deal increases Kerry-based Fexco’…
Sainsbury’s Bank offloads travel money business and partners with Allianz UK - Grocery Gazette - Latest Grocery Industry News
Sainsbury’s Bank has announced the sale of its travel money business to Fexco Group, a financial services and foreign exchange company, for an undisclosed amount. The move is part of…
Fexco buys Sainsbury’s Travel Money business
Financial services and technology company Fexco has announced a deal to buy Sainsbury's Travel Money for an undisclosed sum. The Co. Kerry based firm said the deal will strengthen its position in the UK market and will significantly enhance its digital and in-store offering. Fexco will assume full responsibility for the Sainsbury’s Travel Money business, including its digital platforms and channels, and more than 220 physical outlets in the supe…
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