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Fexco

Provider
FX / Payouts

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 3 companies across 1 category.

fexco.com ↗Also analysed as a company — its own stack →
CategoriesFX / Payouts
Rank#52 of 179 in FX / Payouts
Buyers3 companies
HeadquartersKillorglin, Co. Kerry, Ireland
Founded1981
FoundersBrian McCarthy

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Founders & story · from Fexco’s own dossier

Fexco started in 1981 as an Irish retail FX bureau and evolved into a diversified payments & FX infrastructure group. Its two core franchises today are (1) Dynamic Currency Conversion for acquiring banks and merchants globally and (2) Fexco International Payments, a cross-border payables API embedded by processors, ERPs and software platforms. A separate Irish Asset Finance arm provides hire purchase, leasing and SBCI-backed loans to SMEs.

Latest round: PE Growth
Full dossier: Fexco’s own stack, layer by layer →
Who uses Fexco
3 companies disclose Fexco in their stack
VerifoneAir Europa1stopVAT
Buyer mix · 3 of 3 classified
Infrastructure / Payments · 1Infrastructure / Tax Compliance · 1Marketplace / Travel · 1
EU · 2US · 1
What the disclosures say
Verifone
“Verifone knowledge hub article (January 7, 2026) explicitly describes Verifone's 20-year partnership with Fexco for Dynamic Currency Conversion, enabling merchants to offer customers payment in their home currency.”
Air Europa
“Fexco DCC case study names Air Europa for multi-currency pricing.”
1stopVAT
“https://1stopvat.com/fexco/ — 'Fexco International Payments: Global tax payment execution across 165 currencies in almost 200 countries'.”
View source · 1stopvat.com ↗
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What Fexco runs on · from its own dossier
The third-party providers Fexco itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Fexco.
Lending
Strategic Banking Corporation of Ireland
Full dossier with evidence for each layer →
Alternatives to Fexco

Other FX / Payouts providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Currencycloud81 buyers →Airwallex80 buyers →Nium67 buyers →Wise Platform58 buyers →Stripe49 buyers →Convera33 buyers →Adyen26 buyers →Visa Direct23 buyers →
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Ranked #52 of 179 in FX / Payouts — Embedded Finance Index 2026
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Fexco — frequently asked

Which companies use Fexco?

3 companies are linked to Fexco in the Embedded Finance Index 2026, through their own public disclosures or Fexco's published customer list, including Verifone, Air Europa and 1stopVAT.

What does Fexco do?

Fexco is an embedded-finance provider in FX / Payouts. It ranks #52 of 179 FX / Payouts providers by linked companies.

What are the alternatives to Fexco?

The most-named FX / Payouts alternatives to Fexco are Currencycloud (81 buyers), Airwallex (80 buyers), Nium (67 buyers), Wise Platform (58 buyers), Stripe (49 buyers) and Convera (33 buyers).

Who founded Fexco?

Fexco was founded by Brian McCarthy and is founded in 1981, headquartered in Killorglin, Co. Kerry, Ireland.

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