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Anthill Cool Company Awards
The Cool Company Awards were launched in 2006 as a way for Anthill to acknowledge and celebrate Australian organisations that are doing things differently to bring about positive change. Cool Companies stay one step ahead of the rest. They breed leaders who are rule-makers and rule-breakers. They are trend-setters in attitude and action. Quite simply, they are … cool! More.
Company: OzForex Pty Ltd
Category: Global Growth
OzForex helps customers move their funds from one country to another, and pay and receive money from foreign suppliers, far more competitively compared to using their bank. The company estimates that it’s saved Australians hundreds of millions of dollars in foreign exchange margins and fees since 1998.
Did someone say, “saved hundreds of millions?” That’s just the sort of thing we like to hear around the Anthill HQ, and that makes OzForex a 2013 Cool Company.
OzForex has undergone rapid expansion in recent years with 2012/13 revenue exceeding $50 million. After successfully expanding in the US in 2012, the company is now focusing on expanding global growth in North America and Asia, as well as further international partnerships.
Recently, OzForex has signed two major international partnerships with global brands Travelex and MoneyGram, and released Australia’s most competitive Travel Money card. Over 60-per cent of its new customers and 40% of its revenue are from outside Australia.
That’s global growth, to say the least. But OzForex’s origins were a little different.
“We originally started OzForex as an information website,” the company tells us.
“But OzForex has since become a transactional business. Plus we have added our white label payment service and travel money card to our products on offer.”
OzForex is not only a sound growth company, but it is also a company that has plenty of style and class.
OzForex holds an annual Charity Day, a worldwide event during which staffers from all the company’s different offices (optionally) dress up as superheroes, and proceeds from the day’s trading go to good causes. To involve staff as much as possible, OzForex lets them choose the charities each year; so different global teams can choose charities relevant to their country.
Now that’s thinking globally.
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