CPoR Devises
CPoR Devises (Loomis FXGS) is a French ACPR-licensed credit institution and 100% Loomis Group subsidiary that provides currency exchange services to 180 banks and physical gold trading to retail and professional clients in France.
- Company typePrivate
- Founded1989
- HeadquartersParis, France
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What CPoR Devises does
CPoR Devises, now operating as Loomis FXGS, is a French credit institution founded in 1989 and headquartered in Gentilly, France, specializing in currency exchange and physical gold trading. The company is a 100% subsidiary of Loomis Group, an international cash management and payment services firm, and operates as a Société Anonyme with €4,800,000 in share capital. It is regulated by the ACPR (approval number 21670) and the CECEI under articles L.511-1 of the French Monetary and Financial Code, making it one of the few licensed banking institutions in its niche.
The core business comprises two product lines. First, currency exchange: the company provides access to 35+ world currencies with daily rate publication (e.g., USD buy 1.248 / sell 1.052, GBP, CHF, CAD, JPY) and operates a modular white-label service platform — FXGS Dual Selling, Wholesale, Advanced, Pick & Pack, and Cash 24/7 — that banks and exchange offices integrate under their own brands. Second, gold trading: CPoR Devises manufactures and distributes proprietary oR® gold ingots in weights from 5g to 500g plus the Lingotin Once CPoR (31.1g troy ounce), all at 999.9‰ purity with assay certificates, alongside over 20 internationally traded gold coins (Krugerrand, Napoléon, Vreneli, Sovereign, Double Eagle, etc.) priced at London spot plus margins. Gold sales qualify for French VAT exemption under Article 298 sexdecies A CGI.
The business model is transaction-based, generating revenue from FX spreads on currency exchange and margins on precious metals sales, plus managed-service fees from white-label banking partnerships. Distribution runs through three channels: (i) B2B white-label arrangements with 180 French banks and 110 exchange offices representing 95% of the French market; (ii) direct-to-consumer website sales of gold products with email price alerts and physical delivery; and (iii) physical exchange services in tourist areas (hotels, cruise ships, casinos), business districts, and border zones. Operations span France plus 16 African countries for currency services, though gold distribution is restricted to France. The company employs 1-10 staff at the entity level, drawing on shared Loomis Group infrastructure for logistics and compliance.
CPoR Devises firmographics
Firmographics- Name
- CPoR Devises
- Legal name
- Loomis FX, Gold and Services
- Website
- https://cpordevises.com
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- CPoR Devises (Loomis FXGS) is a French ACPR-licensed credit institution and 100% Loomis Group subsidiary that provides currency exchange services to 180 banks and physical gold trading to retail and professional clients in France.
- Ownership category
- akta.pro rank
CPoR Devises industry classification
Industry- Product category
- Currency Exchange and Investment Gold Services
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Multi-Currency Accounts, Wallets & FX Management (Consumer/SME) (FSAGAKAF)
- akta.pro secondary industry
- Cross-Border Payments & FX (multi-currency wallets, DCC, remittance) (THALAHAE)
Keywords
Where CPoR Devises is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices2 records
Markets served
CPoR Devises business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Currency Exchange Services: Provides foreign exchange services to banks and exchange offices. Revenue generated through exchange rate spreads on currency transactions. Services include FXGS Dual selling, Wholesale, Advanced, and Pick & Pack options for bank outsourcing.
- Gold Product Sales: Sale of gold bars (lingots), gold ingots (lingotins), and gold coins. Prices are determined based on London spot price plus margins. VAT exempt for investment gold under French law.
- White-Label Banking Services: Provides currency services to banks under the bank's own brand identity, including purchase/sale, logistics, secure storage, rate management, and reporting. Revenue from service fees to banking partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Gold bars and ingots priced at London spot + margins |
| Transaction based/ take rate | Pay-as-you-go | Gold coins priced at London spot + margins |
| Transaction based/ take rate | Pay-as-you-go | Currency exchange rates published daily |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
CPoR Devises product offering
Product offeringCore offering
CPoR Devises (Loomis FXGS) is a French credit institution that sells investment gold (proprietary oR® brand bars and ingots from 5g to 1kg plus international gold coins like Krugerrand, Souverain, Napoléon, Vreneli) and provides foreign currency exchange services for 35+ world currencies. The company serves both individual consumers through direct sales and B2B clients (180 banks, 110 exchange offices) through white-label outsourced currency operations including FXGS Dual Selling, Wholesale, Advanced, Pick & Pack, and Cash 24/7 service modules.
Product overview
CPoR Devises (operating as Loomis FXGS) is a French credit institution offering a comprehensive portfolio of precious metals and currency exchange products. The core offering consists of gold bars (lingots/lolingotins) in various weights from 5g to 1kg with 999.9/1000 purity, complemented by over 20 types of internationally traded gold coins including Krugerrand, Sovereign, Napoléon, Vreneli, and other historical coins. For currencies, the company provides exchange services for 35+ world currencies through a modular service offering (FXGS Dual selling, Wholesale, Advanced, Pick & Pack, and Cash 24/7) that banks and financial institutions can adopt. All gold products comply with French investment gold regulations (Article 298 sexdecies A CGI) with VAT exemption on purchases.
Differentiator
Problem solved
Functional benefit
Products and services
- Lingot 1kg Gold Bar 1kg gold bar with minimum 995/1000 purity, includes assay certificate, serial number, refiner's mark, and assayer's hallmark. Sold to individual investors and collectors seeking large-volume gold investment.
- Lingotin oR® Gold Ingot Series Proprietary oR® brand gold ingots in 8 weights (500g, 250g, 100g, 50g, 20g, 10g, 5g, and 31.1g Once CPoR), all at 999.9/1000 purity with assay certificates, serial numbers, weight, refiner's mark, and assayer's hallmark. Sold to individual investors for portfolio diversification and wealth preservation.
- Investment Gold Coins Collection Internationally traded gold coins including French (Napoléon), Swiss (Vreneli), South African (Krugerrand), British (Souverain), American (Eagle, Double Eagle), Mexican (Centenario), Dutch (Florins), German (Reichsmark), Russian (Roubles), Tunisian, and Latin Monetary Union coins. Sold to collectors and investors for numismatic and investment purposes.
- FXGS Dual Selling Outsourced logistics service for currency exchange operations allowing banks to offer dual selling capabilities under their own brand. Targets French banks seeking to expand FX services without building infrastructure.
- FXGS Wholesale Wholesale currency service providing main stock management for financial institutions and exchange offices requiring bulk currency supply at competitive rates.
- FXGS Advanced Outsourced logistics service where Loomis prepares orders with decentralized inventory allowing shortened delivery times and daily stock supply for partner banks and exchange offices.
- FXGS Pick & Pack Fully outsourced white-label currency operations; Loomis processes all operations with daily bank reconciliation files and 24/7 availability for the partner bank.
- FXGS Cash 24/7 Outsourced ATM service providing automated currency access available 24/7 for partner banks and their customers.
- Foreign Currency Exchange Services (Devises) Foreign currency exchange services providing access to 35+ world currencies (USD, GBP, CHF, CAD, JPY, AUD, and others) at fair rates with physical or digital delivery, backed by the Loomis logistics network. Served via website, physical locations in touristic areas, and partner banks.
Quantifiable outcome
- 40 years of market leadership in France
- +2 more outcomes
Companies that use CPoR Devises
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
CPoR Devises technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
CPoR Devises partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- Société GénéralecoreMajor French banking partner using Loomis FXGS currency and gold services. Part of the 180-bank network representing 95% market coverage in France.
- Crédit AgricolecoreMajor French banking group using Loomis FXGS currency and gold services through white-label arrangements.
- Caisse d'ÉpargnecoreFrench savings bank partner using Loomis FXGS currency exchange services.
- Banque PopulairecoreFrench banking group partner using Loomis FXGS services for currency operations.
- ING DirectcoreDigital banking subsidiary using Loomis FXGS currency services.
- Crédit NordcoreRegional French bank partner using Loomis FXGS currency and gold services.
- Loomis Group (Parent)core100% owned subsidiary of Loomis Group. Leverages Group's international logistics network, resources, and infrastructure for currency and gold services. Loomis Group has historical roots from Wells Fargo stagecoach to modern connected safes and smart data solutions.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
CPoR Devises competitors and assessment
Company assessmentDirect peers
- BullionVault: Online gold and silver trading platform allowing retail investors to buy, sell, and store physical bullion. Comparable as a retail-facing precious-metals trading and storage provider, though purely digital vs. CPoR's physical delivery model.
- Eurochange: UK-based foreign exchange specialist offering currency exchange and travel money services. Comparable in physical banknote FX and bank outsourcing partnerships, though focused on the UK market.
- Travelex: Global foreign exchange and currency exchange operator providing bureau de change services and B2B FX outsourcing to banks. Directly comparable as both a wholesale bank-outsourcing FX provider and a consumer currency-exchange brand.
- ICE - International Currency Exchange: Specialist provider of foreign exchange and international payments to banks, travel agents, and consumers worldwide. Closely comparable in B2B white-label FX outsourcing to financial institutions and physical currency exchange operations.
- ChangeGroup: Global currency exchange and travel money operator with strong European and tourist-area presence. Comparable as a multi-currency physical FX provider serving travelers and consumer-facing currency services.
Broad incumbents
- MoneyGram: Global cross-border money transfer and FX provider. Comparable as a multi-currency financial services operator serving both consumers and financial institutions, though MoneyGram is consumer remittance-led.
- APMEX: Major US-based online precious metals retailer offering gold bars, coins, and bullion products. Comparable in gold bar/coin retail product breadth and pricing transparency, though US-focused and online-first.
- Euronet Worldwide: Global payments and ATM services provider including EFT and FX. Comparable in outsourced currency services to banks and ATMs, though EURONET operates a much wider payments infrastructure portfolio.
- Western Union Business Solutions: Global cross-border payments and FX risk management provider serving banks and corporates. Comparable in B2B FX infrastructure for financial institutions, but with a much broader payments and remittance portfolio.
Regional players
- Degussa Goldhandel: German precious metals dealer offering gold bars, coins, and trading services across German-speaking Europe. Comparable in physical gold bar/coin retail and investment gold sales, though focused on DACH rather than France.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
CPoR Devises social profiles
Digital presenceCPoR Devises financial estimates
Financial estimateRevenue estimate
Valuation estimate
CPoR Devises leadership team
Management profileNumber of profiles
Profiles2 records
CPoR Devises funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CPoR Devises M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CPoR Devises
What does CPoR Devises do?
CPoR Devises (Loomis FXGS) is a French credit institution that sells investment gold (proprietary oR® brand bars and ingots from 5g to 1kg plus international gold coins like Krugerrand, Souverain, Napoléon, Vreneli) and provides foreign currency exchange services for 35+ world currencies. The company serves both individual consumers through direct sales and B2B clients (180 banks, 110 exchange offices) through white-label outsourced currency operations including FXGS Dual Selling, Wholesale, Advanced, Pick & Pack, and Cash 24/7 service modules.
Is CPoR Devises a public or private company?
CPoR Devises is a private company. It is classified as corporate owned and is currently operating.
When was CPoR Devises founded?
CPoR Devises was founded in 1989. It employs 1 to 10 people.
Where is CPoR Devises based?
CPoR Devises is headquartered in Paris, France, in the Europe region.
How does CPoR Devises make money?
Three revenue lines are on record. Currency Exchange Services are the primary driver. The others are gold Product Sales and white-Label Banking Services.
Who are CPoR Devises's main competitors?
Direct peers on record are BullionVault, Eurochange, Travelex, ICE - International Currency Exchange and ChangeGroup. Broad incumbents are MoneyGram, APMEX, Euronet Worldwide and Western Union Business Solutions. Degussa Goldhandel is listed as a regional player.
Does CPoR Devises have an API?
No public API is recorded for CPoR Devises.
What industry is CPoR Devises in?
CPoR Devises's product category is Currency Exchange and Investment Gold Services. Its primary akta.pro industry code is FSAGAKAF, Multi-Currency Accounts, Wallets & FX Management (Consumer/SME), with a secondary code of THALAHAE, Cross-Border Payments & FX (multi-currency wallets, DCC, remittance). Its NAICS code is 523 and its SIC code is 6200.