StoneX Announces Acquisition of Banco Travelex, Expanding Brazil Payments and FX Capabilities
StoneX Group Inc., a US-listed financial services company, has agreed to acquire Banco Travelex S.A., Brazil's first bank specialized exclusively in foreign exchange and authorized as a multiple-service bank. This acquisition will expand StoneX's payment and FX capabilities in Brazil, enabling clients to hold local and foreign currency accounts, an…