xe.com calls itself’ ‘The Worlds’ Trusted Currency Authority’ , on the strength of the currency calculator founders Steven Dengler and Beric Farmer developed- not on the Canadian company’s services. Launched in 1993, the first-wave internet company was initially Xenon Laboratories, providing internet services for business clients. Developing a ‘universal currency converter’ in order to make their own website appear more dynamic, the tactic drew visitors who utilized the free live currency calculator. Dengler and Farmer didn’t focus full time on currency transfer and exchange until 2000. Headquartered in New Market, Ontario, xe.com has more than 30 employees.