Online foreign exchange provider OFX said transaction numbers rose by 17 per cent in March as funds were shifted across borders during the COVID-19 panic.
And the company is pinning its growth ambitions on servicing global online marketplaces and corporate deals such as the one with Link to send dividend payments to investors abroad.
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
