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Travelex


Travelex is to create up to 100 new jobs, as part of a new £25m fund being launched in London to invest in start-ups.
17-Nov-2014


Travelex is to sell its global payments division to Western Union of the US for £606m, and some of the proceeds will be used to expand its consumer foreign exchange business.
06-Jul-2011


Travelex has sold its Peterborough-based prepaid cards programme management division to MasterCard for £290m, with the transfer of 300 staff.
13-Dec-2010


Travelex is planning to open bureau de change kiosks in 100 Sainsbury's stores by the end of 2009.
16-Oct-2007


Travelex has acquired the banknotes and travellers cheques business of Brown Shipley for undisclosed terms.
18-Apr-2005


Travelex, the foreign exchange group with 670 branches worldwide, is to be sold to Apax Partners for £690m.
28-Feb-2005


Travelex is to acquire GWK, the Dutch operator of 50 bank branches, from Fortis for £12m.
26-Mar-2004


Travelex is to acquire Camrail, the Belgian foreign exchange and money transfer company, for £2.5m.
12-Dec-2003


Travelex is planning to expand its foreign exchange business into India, starting with two offices in Mumbai.
29-Oct-2003


Travelex is seeking acquisitions to expand its foreign exchange business in North America and Asia, having raised £66m from the sale of its 49% stake in a joint venture with US-based MoneyGram.
20-Jan-2003


Travelex is planning to set up a money transfer service in the US to enable immigrant workers from Latin America to send their wages home.
17-Jul-2002


Travelex has acquired Thomas Cook's financial services division for £440m, in order to expand its foreign exchange business with an additional 300 retail outlets.
09-Nov-2000