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OFX Group Ltd ADR OZFRY

OFX Group is a low-cost international multicurrency payments provider via its online platform and network of global bank accounts. Over 50% of OFX Group's revenue comes from clients registered in Australia and New Zealand. However, OFX Group's strategy is to diversify globally, with strong recent growth in North America and Asia from a low base. OFX Group earns revenue from the spread between the interbank rate and what it charges customers, with a small portion of revenue coming from a flat fee


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