Celebrating 25 years of OFX

25 years ago OFX was born in pursuit of a better and cheaper way to send money globally, whilst uncompromising on great service.

Since then we’ve grown considerably, and the spirit to always do better for our clients and people continues to guide our decisions today.

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The OFX story, so far

OFX has come a long way over the past 25 years – from a humble garage on Sydney’s Northern Beaches, Australia to a global company with nine offices, 700+ employees and 1m+ clients.

1998 – Matt Gilmour starts an online FX business from his home in Sydney’s Northern Beaches
2001 – OzForex launches its first online money transfer facility
2003 – Obtains an Australian Financial Services Licence
2004 – Sydney office opens
2005 – London office opens
2007 – Toronto office opens
2010 – Auckland office opens
2010 – OzForex has 50,000 active clients by end of August
2011 – Hong Kong office opens
2012 – San Francisco office opens
2013 – OzForex Group publicly lists on the ASX under the code ‘OFX’
2018 – Singapore office opens
2020 – Dublin office opens
2021 – OFX invests in TreasurUp
2022 – OFX acquires Firma Foreign Exchange Corporation
2023 – OFX acquires Paytron Holdings Pty Ltd

From a humble start-up to a global company

Gary and I had no idea that 25 years ago when we started the business, that OFX would grow to be a company of 720 people around the world. It’s pretty amazing and that’s because of the people who have worked for OFX, from the first employees to the team who are part of the story today. It’s been an amazing journey for all of us and we feel really proud.

Matthew Gilmour, OFX co-founder

Behind our success is our OFXperts

As we look back on the last 25 years, we know it’s our global team that got us here. From our specialist dealers and customer service, to operations, compliance, and everything in between – our global OFXperts are the backbone of the business and here to help 24/7. So it seemed only right to shine a light on some of our OFXperts who have been with us since our very early days.

Read OFXpert Q&A

OFX staff member, Sinead, wearing a smart casual outfit, smiling and resting her arm on a 3D orange shield icon.

We’re grateful to our clients all over the world, who trust us to move their money

As OFX turns 25, it seemed fitting to spotlight some of the clients who have been there from the very beginning (or just about), and who continue to use our services for their personal and business global money transfer needs to this day.

Read client Q&A

Read case studies

OFX, global cross border payments company, celebrates its 25th birthday

Read the press release