Founded in 1998, HiFX established itself as a major non-bank provider of foreign exchange and international payment services for both private individuals and corporate clients. The company's mission was to offer a more cost-effective and efficient alternative to traditional banks for sending money abroad. In 2014, HiFX was acquired by Euronet Worldwide, Inc., a leading global electronic payments provider. Following the acquisition, Euronet integrated HiFX with its existing currency authority brand, Xe.com, and by 2019, the HiFX brand was fully retired and consolidated under the unified Xe brand.