Foreign exchange and currency risk management Lumon has acquired the business and assets of Fiscal FX, marking a major milestone for Lumon as it continues to expand its breadth and quality of service.

Fiscal FX represents the seventh acquisition by Pollen Street Capital-backed Lumon since 2018. The acquisition completed on 1st June and will help accelerate growth in Lumon’s corporate division both internationally and in the UK.

Fiscal FX, a London-based foreign exchange and international payments specialist, has built an exceptional reputation since it’s foundation in 2019, particularly focusing on SMEs and owner-managed businesses.

Over the past six years, Fiscal FX has seen consistent, organic growth, developing a loyal client base of more than 600 corporate accounts across the globe. The company has handled almost £1 billion worth of transactions since its inception thanks to outstanding client retention and reliable, recurring revenue.