Macquarie Group Ltd’s
(ASX:MQG) online foreign exchange payment platform and subsidiary, OzForex Group, has received an investment from private equity giant Carlyle Group.
The size of the investment has not yet been disclosed, however, Carlyle will take a seat on the company’s board.
OzForex has said it would use the funds to expand into North America, Europe and Asia whilst simultaneously developing other product and service offerings.
For the half year ended 30 September 2010, Macquarie Group booked a net profit of $411 million.
