Eurochange

Eurochange, stylised eurochange, is a British foreign exchange company based in Stevenage. As of 2023, the company operates over 190 physical branches throughout the United Kingdom[3] and also offers home delivery.[4]

Eurochange
TypePrivate limited company
IndustryForeign exchange
Founded1975
FounderMassimo Gini[1]
Headquarters,
Area served
United Kingdom
ParentCorsair Capital
Websiteeurochange.co.uk

History

Eurochange was founded in London in 1975.[1] In 2000, the company changed its name to FX Currency Services, and in 2011, it was renamed back to Eurochange.[2]

In 2014, the company was acquired by ATM operator NoteMachine,[5] itself being owned by Corsair Capital, an American financial services company. In October 2022, it was announced that Corsair was selling NoteMachine to Brink's, but would maintain ownership of Eurochange.[6]

In December 2022, the Association of British Travel Agents (ABTA) announced that it would be launching a travel money service in partnership with Eurochange. This service, known as ABTA Travel Money, is the first foreign exchange service operated under the ABTA brand.[7]

Services

Foreign exchange

The company offers foreign exchange of over 60 currencies, including the U.S. dollar, Euro, and Turkish Lira[8] through its physical bureaux de change located on high streets and in shopping centres, as well as online through its own website as well as through ABTA Travel Money.[9] The company also offers a multi-currency prepaid Mastercard through Mastercard's Cash Passport brand.[10]

References

  1. Faulkner, Doug (5 March 2018). "Foreign exchange firm creates five jobs after opening new branch in Norfolk town". Eastern Daily Press. Retrieved 16 May 2023.
  2. "Eurochange Limited". Companies House. Retrieved 16 May 2023.
  3. "Branches". eurochange.co.uk. Retrieved 16 May 2023.
  4. "Home delivery". eurochange.co.uk. Retrieved 16 May 2023.
  5. "NoteMachine announces acquisition of Eurochange". Cision. 5 November 2014. Retrieved 16 May 2023.
  6. "Corsair to sell NoteMachine UK ATM division to The Brink's Company". atmmarketplace.com. 10 October 2022.
  7. "Abta enters forex field with bespoke offering". Travel Weekly. 7 December 2022.
  8. "ABTA Travel Money". Association of British Travel Agents. Retrieved 18 May 2023.
  9. "ABTA Travel Money". abtatravelmoney.com. Retrieved 17 May 2023.
  10. "Pre-paid travel money card". eurochange.co.uk. Retrieved 16 May 2023.


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