Monex Financial Services

Monex Financial Services, is a private financial services company with headquarters in County Kerry, Ireland. The company is focused on FinTech solutions and Dynamic Currency Conversion (DCC) however Monex FinTech solutions span a wide range of Foreign Exchange (FX) treasury solutions.^[1]

This article is about the Irish financial services company. For other companies with similar names, see Monex (disambiguation).

Monex Financial Services Limited

Company type	Private company
Industry	Financial services
Founded	1997 (1997)
Founder	Frank Murphy
Headquarters	Killarney , Ireland
Key people	Frank Murphy (CEO), Michael Crowley (COO)
Products	Foreign exchange, Dynamic Currency Conversion
Website	www.monexfs.com

Working with international banks and processors, Monex services include: DCC for the automated teller machines (ATM) industry and Point-of-Sale merchants, multi-currency pricing, FX Rates, Treasury Management and FinTech payment and credit card services.^[2][3]

In 2018, the company processed over $48 billion transactions and DCC was live in 50 countries on 4 Continents. The company operates DCC on ATM networks of over 70,000 ATMs.^[4] Monex global office locations include Abu Dhabi, Bangkok, California, Hong Kong, London and Shanghai.^[5]

History

Monex commenced business in 1997 following the invention of DCC by founder and CEO [Frank Murphy]. The service began its first implementation with Hertz Rent-a-Car.