StoneX Group (SNEX) Acquires Banco Travelex To Grow Brazil FX And Payments
StoneX Group (NasdaqGS: SNEX) said it will acquire Banco Travelex to expand its foreign exchange and payments business in Brazil and Latin America. The company expects the deal to broaden services and strengthen its local FX and settlement capabilities. StoneX reported Q3 revenue of $40.193 million and net income of $127.9 million.



