Company history


Date Event
April 1998 OzForex launched as information only site in Sydney, Australia
April 2001 OzForex online dealing facility launched
  • Completes first customer deal
November 2002 Agreement struck with the Australian Gift & Homeware Association (GHA)
  • OzForex is named the preferred supplier of foreign exchange services to the GHA - offering discounted transfer fees to more than 4,000 members.
  • Includes importers, exporters, wholesalers, manufacturers, owners and managers of gift and homeware businesses.
February 2003 NZForex launched in Auckland, New Zealand
  • NZForex provides foreign exchange services to New Zealand SMEs and any individuals wanting to transfer money to or from New Zealand.
April 2003 Tranzfers.com launched
  • Tranzfers is an expatriate focussed currency transfer service catering to the hundreds of thousands of Australians and New Zealanders who live and work abroad.
November 2003 OzForex granted Australian Financial Services Licence
  • An AFSL allows OzForex to deal as principal, allowing the company to operate and grow independently of other companies/licence holders.
August 2005 Opening of London office - UKForex launched
  • The UK subsidiary of OzForex provides foreign exchange services to UK SMEs and individuals wanting to transfer money overseas.
Launch of 24-hour global trading platform
  • The opening of the London office coincided with the launch of seamless 24 hour access to the company's corporate dealers around the world.
Annual turnover exceeds US$1 billion.
November 2005

OzForex places fifth in the 2005 Deloitte Technology Fast 50 Awards.

  • The Award acknowledges the success of Australia's fastest growing and most innovative technology companies. The winner is measured on revenue growth over 3 years.

 
December 2005 OzForex placed sixth in the Business Review Weekly Fast 100
  • BRW is Australia's leading business magazine. The BRW Fast 100 is described as the most comprehensive guide to fast growing businesses in Australia.
October 2006 OzForex awarded as finalist in the 2006 Invest UK Trade and Investment International Business Awards
  • The UK Trade and Investment International Business Awards recognise the success of Australian businesses operating in the UK.
  • Entrants are Australian-owned enterprises that have an established operation in the UK, formed a joint venture or developed a research collaboration with a UK company or academic institution.
November 2006 OzForex places 24th in the 2006 Deloitte Technology Fast 50 Awards.
  • The Awards celebrate the success of Australia's fastest growing and most innovative technology companies. The winner is measured on revenue growth over 3 years.
June 2007 Macquarie Bank purchases 51% of OzForex
  • New CEO Neil Helm joins OzForex from Macquarie Bank
July 2007 Opened Toronto office in Canada.
  • Launched CanadianForex - a brand focusing on North American Markets.
January 2008 Launched International Money Transfers - an OzForex and Macquarie service.
  • Total OzForex brand number of dealing clients surpasses 35,000 and turnover for 2007 reaches over US$4 billion.
July 2009 OzForex awarded the BNY Mellon Outstanding Payment Forwarding
  • This award was given in recognition of the 'outstanding payment formatting and straight through rate' provided by OzForex.
November 2009 OzForex placed 44th in the 2009 Deloitte Technology Fast 50 Awards.
  • The Awards celebrate the success of Australia's fastest growing and most innovative technology companies. The winner is measured on revenue growth over 3 years.
August 2010 ClearFX, the international brand of the OzForex Group is launched.
  • ClearFX was launched to service the foreign exchange needs of customers across the globe.
November 2010 Accel Partners and the Carlyle Group purchase significant minority stakes in OzForex
  • Representatives from both Accel Partners and Carlyle serve on the OzForex Board of Directors.
  • The company's founders and Macquarie Private Wealth, which is part of Macquarie Group, are together retaining significant ownership of OzForex.
  • Neil Helm continues as CEO.
OzForex placed 20th in the 2010 Deloitte Technology Fast 50 Awards.
  • The Awards celebrate the success of Australia's fastest growing and most innovative technology companies. The winner is measured on revenue growth over 3 years.
December 2010 OzForex Group annual turnover exceeds US$7 billion and services
  • 100,000 active customers across the globe.
November 2011 OzForex  placed 43rd in the Deloutte Technology Fast 50 Australia (fifth appearance)
  • Now in its 11th year, the Deloitte Technology Fast 50 program ranks 50 of Australia’s fastest-growing public or private technology companies, based on percentage revenue growth over three years (2009 to 2011).
December 2011 OzForex launches re-designed website

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© 2011 Copyright CanadianForex Limited

The CanadianForex service is owned and provided by CanadianForex Limited [CN: 674939-9] ("CanadianForex"). Any reference on this page to "we", "us", or "our" is a reference to CanadianForex.

CanadianForex is part of the global OzForex Group and is a wholly owned subsidiary of OzForex Pty Ltd (ACN: 092 375 703), an Australian company, whose shareholders include Accel Partners and the Carlyle Group in the US, and Macquarie Bank in Australia.
 
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CanadianForex provides international money transfer services to private clients and business customers. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.