All the latest news from NoteMachine

eurochange opens 3rd branch in South Wales


Today we opened our 3rd branch in South Wales with the opening of a new branch in the Kingsway Centre, Newport. The Newport branch is the latest of 27 new openings over the last 12 months and illustrates our continued commitment to make foreign exchange as simple and accessible as possible. The new Newport branch offers the full range of eurochange products including Foreign Currency, Multi Currency Prepaid Card, Travellers Cheques, Quick Transfer, Western Union, as well as 2 Through the Wall ATM’s from parent company “We are delighted to continue our expansion into South Wales and our latest opening highlights the public’s desire for a quick, reliable and efficient travel money service.” said Managing Director, Giles Custerson.

Find out more

Yorkshire Building Society Group has appointed NoteMachine as their exclusive cash machine provider.


Yorkshire Building Society is the second largest building society in the UK. It has a national network of branches and agencies, assets of £38.5 billion, employs approximately 4,600 people and has 3.3 million customers. In addition to replacing their existing estate with brand new NCR ATMs, NoteMachine will be providing additional services such as automated deposits, mini-statements and voice guidance for visually impaired customers. NoteMachine’s Business Development Director, Ian Vernon, commented “We are delighted to be working with Yorkshire Building Society and look forward to developing a successful relationship. Financial institutions are increasingly considering both the economic and service related benefits of outsourcing their ATM networks. NoteMachine provide an end to end service which delivers industry leading service levels coupled with exceptional value.” YBS Group’s Head of Information Security and Risk, Mike Jolley, stated “Partnering with NoteMachine has allowed us to deliver the best in class ATMs and service to our customers, building on our vision to be the most trusted financial services provider. The engagement has been professional and NoteMachine has worked hand in hand with all areas of our business – a true partnership.”

Find out more

Eurochange opens second branch in Wales


One of Britain’s largest foreign exchange providers has opened its second branch in Wales, creating five new jobs in the process. Eurochange, the foreign exchange expert which provides a comprehensive range of travel currencies, is continuing its rapid UK expansion with this new bureau de change inside Cwmbran Shopping Centre. South Wales is also home to parent company NoteMachine and this new branch, which offers the full range of eurochange services including Travel Money, Money Transfers and a free to use ATM, joins their branch in Cardiff which opened earlier this year. “We are delighted to open a second branch in Wales and increase our retail network across the UK to 110th branches” says Giles Custerson, Managing Director of eurochange. “Our exciting expansion plans continue at a fast pace and highlight our commitment to provide a quick, reliable and efficient travel money service to as many people as possible”. In addition to its travel money services, Eurochange operate an International Payments service which allows money to be sent overseas via the same banking systems that high street banks use, ensuring money arrives safely and securely. For more information, visit

Find out more

NoteMachine launch euro dispensing ATMs


NoteMachine, one of the UK’s leading cash machine operators, has launched its first euro dispensing ATMs. The first three ATMs, located within the eurochange branches of Bournemouth, Boscombe and Rugby, provide an ‘express euro’ service enabling customers to purchase euros quickly and conveniently. The service is commission-free and customers will receive the same euro rate that they would over the counter – maintaining eurochange’s clear pricing strategy. Proving a hit so far, the launch of these euro dispensing ATMs further strengthens the link between NoteMachine and eurochange, the foreign exchange specialist which was acquired by NoteMachine in November 2014. eurochange provide over 60 foreign currencies, multi-currency prepaid cards and travellers’ cheques, as well as a range of international payment options, across 100 branches and online. Further euro dispensing ATMs will be launched this year and in the future there are plans to offer additional currencies such as US Dollars. Peter McNamara, NoteMachine founder and CEO, stated: “It is great news that the development and launch of our ‘express euro’ service means consumers will get fast euros at the same attractive commission-free rate offered by our eurochange branches.”

Find out more

NoteMachine Increases Number of Cash Centres


NoteMachine opened a new Cash Centre in October 2014, delivering additional CIT capacity to London and the South East. We now have five Cash Centres situated throughout the UK, with plans for another to be built in 2015. This plays an integral part in providing the highest quality of service to each and every one of our customers as we continue to grow as a business. Peter McNamara, NoteMachine’s Chief Executive Officer says ‘At NoteMachine, we believe we offer benchmark service and availability. By managing as many elements of the operation we believe we can offer the best possible ATM service to the customer. Opening further Cash Centres in the UK underpins this on going strategy’.

Find out more

NoteMachine Announces Acquisition of Eurochange


NoteMachine Group Holdings (“NoteMachine”), one of the major cash machine operators in the United Kingdom and Germany, today announced the strategic acquisition of Eurochange Limited (“Eurochange”), a U.K. provider of specialist foreign currency and international payment solutions to retail and business customers. The acquisition further extends NoteMachine’s range of transactional and payment services to retail, business and bank customers, enabling it to offer physical cash, foreign exchange and international payments services. Eurochange is a leading challenger foreign exchange specialist operating for almost forty years through 96 branches across England and online. It provides travel currency, international payments and remittance services to retail and business customers. Capitalizing on its competitive strengths of customer service, convenience and price transparency, Eurochange has substantially grown its market share in the foreign exchange market. The company expects to handle over 1.8 million customer transactions for 2014. NoteMachine provides transactional and payment services more efficiently and cost-effectively than traditional banking groups. It operates via a network comprising over 7,500 ATMs across the United Kingdom and is one of the larger ATM operators in Germany. Every month, around 20 million people use at least one of NoteMachine’s ATMs. NoteMachine will capitalize on its ATM network and customer base to further expand Eurochange’s reach and brand awareness across Europe. NoteMachine is majority owned by Corsair Capital, a private equity firm experienced at investing globally in the financial services industry. Peter McNamara, NoteMachine founder and CEO, stated: “We are excited to have Eurochange join our group. The strategic combination of Eurochange with NoteMachine enhances the abilities of our respective businesses to capitalize on the on-going transformation of our industry by challenging the cost efficiency, performance and innovation of banks and other traditional providers of transactional services. For Eurochange, the combination positions it to accelerate the growth of its branch network and extend the reach of its international payments business. For NoteMachine, the combination furthers our competitive strengths and our ability to service the growing transactional and payment service needs of retail, business and bank customers. Eurochange is one of the top U.K. specialist providers of foreign currency services with a broad geographical coverage of England, and has an excellent professional management team. Eurochange shares our group’s mission of providing more cost efficient and convenient payment services to customers.” Massimo Gini, Chairman and founder of Eurochange said: “I set up Eurochange almost 40 years ago and from that point we have grown the company into one of the most trusted foreign exchange brands in the United Kingdom. I am very proud of what we have achieved and after 39 years, I have decided it is now time for me to focus on my other passion, my charity – Sustain for Life ( I leave Eurochange in the very capable hands of Peter McNamara and his team at NoteMachine, and the existing Eurochange management team, who will look forward together to the very exciting future mapped out for the combined companies.” Lord Davies of Abersoch, Vice Chairman of Corsair Capital and Chairman of NoteMachine, said: “Corsair Capital is confident in the long term growth potential of NoteMachine and its ability to build value. The board has worked closely with the NoteMachine leadership team to identify the right strategic opportunity, and the acquisition of Eurochange represents an important milestone in NoteMachine’s strategy and expansion, consistent with the company’s focus as a provider of core payment services in Europe.” About NoteMachine NoteMachine provides payment services more efficiently and cost-effectively than traditional banking groups. The company was founded in 2006 by its CEO Peter McNamara and is now backed by funds managed by Corsair Capital, LLC. The business operates over 7,500 ATMs in the United Kingdom and is one of the larger ATM operators in Germany. NoteMachine’s ATMs handle over 200 million transactions per annum. About Eurochange Eurochange is the United Kingdom’s leading independent provider of foreign exchange services, with a multi-channel discipline of retail, wholesale, white-label and online. Established in 1975 by Massimo Gini, the business has grown from strength to strength by focusing on the delivery of its core retail ethos – providing value, convenience and service to its customers. Eurochange operates from 96 consumer-facing bureau de change outlets across the United Kingdom, providing a wide range of foreign currency related products and services, including travel money, international payments, remittances and multi-currency prepaid cards. About Corsair Capital Corsair Capital, LLC is a specialist private equity firm focused on investing in the global financial services industry. Corsair has invested across a range of geographies and cycles, and in substantially all of the subsectors of the financial services industry including payments, insurance, asset management, depository institutions, and specialty finance in North America, Western Europe, and the Emerging Markets of Asia, Latin America and Central Europe. More information about the firm may be accessed through the website Advisers Advisers to NoteMachine and Corsair Capital included: EY (financial due diligence), Taylor Wessing (legal advice) and PwC (tax due diligence). Advisers to Eurochange included: Deloitte (Corporate Finance Advisory) and Addleshaw Goddard (legal advice). Media Contacts for All Parties Jeremy Fielding/Ross Lovern Kekst and Company +1 (212) 521-4800 Crickhowell, United Kingdom – 5 November 2014

Find out more

January – year on year increase


“I am delighted to announce that our January 2014 acquired transactions figures have grown by 23% against prior year. This is an outstanding performance and reflects our pursuit of ‘doing it better’.” Peter McNamara, Chief Executive Officer

Find out more

Same day cash service


“We are pleased to announce to businesses, who receive cash payments, that we have launched our automated same day cash service (ASDaC); this credits your bank account the same day you receive the cash without you needing to go to the bank. This service is now operating in Germany and will shortly launch in the UK, This represents a major step forward in improving further the advantages of cash as a payment method.” Peter McNamara, Chief Executive Officer

Find out more

Come see us at The Pharmacy Show


NoteMachine will be attending The Pharmacy Show on the 29th and 30th September 2013 in the NEC Birmingham. You can find us on stand D42. With over 7,000 ATMs across the UK and in Germany, we deliver cash conveniently when it is needed. Our machines can be found in a variety of locations from supermarket chains to convenience stores and busy transport hubs. [space] In January 2003, NoteMachine installed its first internal cash machine within the Pharmacy sector. Six years later the first Through the Wall cash machine was installed. [space] From January 2011 to date, we have seen a 100% growth on cash machine installations within the Pharmacy sector, 80% of theses cash machines have been installed in 2013. [space] As pharmacists are diversifying their service from the traditional role of dispensing prescriptions to provide a service that works more closely with GPs and other health care professionals, we are seeing the stores changing to become better equipped for the local community.[space] Why would you choose to install as cash machine in your premises; • Providing local people within the local communities free access to their cash • Helping generate revenue through cash withdrawals for local businesses • Increased customer loyalty • Increasing footfall & basket spend NoteMachine offers a range of services designed to meet the demands of our customers. Make an appointment with us at The Pharmacy Show and we will advise you on the best solution for your location.[space] If you are unable to attend the show contact us today on 0800 068 9368.

Find out more
Prefer to speak to someone? Please give us a call - 0800 068 9368