London-based Currencycloud gets €72.5 million to fuel its cross-border payments platform

Currencycloud Raises $80m in Funding

Currencycloud, a London-based fintech company specializing in embedded B2B cross-border payments, has secured €72.5 million in funding. The round was led by Visa, with participation from International Finance Corporation, BNP Paribas, SBI Group, Siam Commercial Bank, and existing investors Sapphire Ventures, Notion Capital, GV, Accomplice, and Anthemis. Currencycloud plans to use the new capital to expand its portfolio of emerging payment methods and develop its partner ecosystem. The company will also be adding integration with major software platforms and adding alternate payment methods such as mobile wallets, instant payments, and cards.

Currencycloud Raises €72.5 Million to Fuel Cross-Border Payments Growth

Currencycloud is a London-based fintech company specializing in embedded B2B cross-border payments, offering a proprietary and fully cloud-based platform with 85 different APIs across four modules – collect, convert, manage and pay. The company works with banks and fintechs globally, including Starling Bank, Standard Bank South Africa, and Brookline Bank. Currencycloud launched Currencycloud Spark, a solution providing multi-currency accounts for banks and fintechs to collect, store, convert, and pay in more than 35 currencies.

A London-based fintech company specializing in embedded B2B cross-border payments.

6 years ago

Currencycloud Raises €72.5 Million to Fuel Cross-Border Payments Growth

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