StoneX Payments Expands Capabilities Through the Acquisition of a Wholesale Banknotes Business [Yahoo! Finance]
StoneX Group Inc. (SNEX)
Company Research
Source: Yahoo! Finance
owned subsidiary, StoneX Financial Ltd, has acquired WCS International Ltd (“WCSI”), a UK-based wholesale banknotes trading and distribution business. The acquisition enhances StoneX's relevance to financial institutions by adding a complementary product and capability alongside its existing cross-border payments business. WCSI was launched in 2022 to provide wholesale banknotes trading services to banks and other financial institutions. The company is led by Angela Smith, the former Head of Wholesale Banknotes at Travelex, and brings deep market expertise and longstanding industry relationships. Thiago Vieira, Global Head of StoneX Payments, commented: “This acquisition strengthens StoneX's financial institutions ecosystem by adding a highly complementary capability to our leading payments and cross-border business. Furthermore, the transaction will leverage our capabilities in global metals operations and logistics. By combining StoneX's global correspondent banking relation
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SNEX
Earnings
- 2/4/26 - Beat
SNEX
Sec Filings
- 4/2/26 - Form 4
- 3/27/26 - Form SCHEDULE
- 3/17/26 - Form 4
- SNEX's page on the SEC website