Bridgepoint buys forex provider Moneycorp for 212 million pounds

European private equity firm Bridgepoint has bought British foreign exchange provider Moneycorp for 212 million pounds, the fund said on Friday. Moneycorp is owned by SOF Investments, which was spun out of Royal Bank of Scotland in 2013 as part of the state-owned bank's plans to shed non-core divisions. Moneycorp focuses on both small businesses and private consumers through services that ...