Fexco has opened a new No1 Currency store in Killarney, marking a return to its roots.

This marks a return to the company’s roots in Killarney where Fexco once operated a foreign exchange kiosk in the tourist office at the Town Hall.
Founded in 1981 by Brian McCarthy, Fexco’s origins lie in Kerry, where it began as a network of Bureaux de Change serving local and international visitors. Over the past four decades, the company has grown into a global leader in financial technology and foreign exchange, operating in over 50 countries.
The new store is part of No1 Currency, Fexco’s flagship foreign exchange brand, which operates across Ireland, the UK, Australia, New Zealand, and the Pacific Islands.
The new No1 Currency store is on Main Street, near the town’s popular shopping arcade.
The Killarney outlet offers commission-free currency exchange, competitive rates, and customer support for those preparing for or returning from international travel.
Fexco Group CEO Neil Hosty said:
“This is a proud and meaningful moment for Fexco,” he said. “To open our first No1 Currency store in Kerry, where Brian McCarthy launched the business, is a tribute to our heritage and a reaffirmation of our commitment to the communities that shaped us.”
Fexco operates one of the largest retail FX networks, with over 700 locations globally and more than 2.5 million customers served annually. The Killarney store is part of the company’s continued investment in its high-street presence, combining online ordering, in-store service, and hybrid models to meet customer needs.
No1 Currency currently offers close to 60 currencies, with options for click and collect and home delivery via its website, www.no1currency.ie.