Fexco Group, located in Killorglin, has acquired Sainsbury’s Travel Money business, enhancing its presence in the UK market. The acquisition includes responsibility for over 220 physical outlets and digital platforms within the Sainsbury’s retail network.
This move expands Fexco’s reach to over 460 locations and positions it among the top five in the retail foreign exchange sector.
Fexco will access over 18m Nectar members, the UK’s largest loyalty programme, increasing opportunities for travel money solutions. Integration of the Sainsbury’s Travel Money brand is set for early 2026, with no immediate changes for customers expected.
Datalex CEO Neil Hosty shared, “The reputation and reach of the Sainsbury’s Travel Money business, with over 220 locations, make it a perfect fit with our commitment to delivering market-leading travel money services.”
Bláthnaid Bergin shared, “We’re pleased to be entering a new long-term partnership with Fexco Group that ensures they can continue to access foreign exchange both in-store and online with the same ease and confidence. I’m also pleased to confirm that there will be no immediate changes, and customers can expect the same high level of service they know and trust.”
