Created in 2015, Fourex provides an advanced and innovative self-service kiosk for exchanging over 150 currencies in both coins and notes. The company has grown its revenue by 175 % and it is continuing to grow. It will be live in 80 locations by the end of 2019. Fourex has a presence at Heathrow, Gatwick, and Stansted with access to 153 million passengers per year. It is located in 21 London underground stations with a combined 1.9 million passengers each day. In early 2018, Fourex has extended its business from 12 locations to 66 locations. It has won innovation awards from Lloyds Bank, Virgin, and Amazon. The company's revenue has increased by 175% in 2 years. Fourex's current partners are TfL/London, Westfield, Underground, Welcome Break, Intu, Moto and Roadchef. The company aims to become a principal multi-currency exchange solution. With the proceeds, the company will be accelerating its growth in the UK, by expanding the network of machines nationwide both in international travel hubs, high footfall retails and transit locations.
Log in to view target
£25,000,000
pre-money valuation
3.47%
equity available
685
investors
£1,356
pledge per investor
08691499
company number
Administration
company status
16/09/2013
incorporated 11 years
Equity Calculator
£
%
Previous Funding rounds
18 May 24 | Crowdcube | £928,830 / 103% |
Officers
News
Fourex: The foreign exchange game-changer with Richard Branson on board - This is Money
09/11/2015 This is Money
Fourex: This ATM converts leftover foreign currency - CNN
24/10/2017 CNN
Fourex Returns To Equity Crowdfunding Platform Crowdcube To Raise £900000 In Funding - Crowdfund Insider
27/08/2019 Crowdfund Insider
Fourex unveils kiosks accepting unsorted... - Travolution
13/11/2015 Travolution
Fourex launches in London to turn unwanted and useless foreign coins into real cash | London Evening Standard - Evening Standard
26/10/2015 Evening Standard
Fourex: The new machines offering money for nothing - TTG
24/11/2015 TTG
Self-service currency exchange kiosk firm Fourex exceeds seed funding target - This is Money
15/03/2015 This is Money
Fourex Looks to Be the New PUBG Mobile Exclusive Map - Fanbyte
29/05/2020 Fanbyte
Raise a glass to 'Mr Fourex' - the man more Queensland than the state itself - InQueensland
15/10/2021 InQueensland
Fourex Launches Carbon-Neutral Non-Alcoholic Beer - Solar Quotes Blog - Solar Quotes
10/05/2022 Solar Quotes