8 years ago
Currencycloud Raises $25 Million to Accelerate Global Expansion
Currencycloud, a leading cross-border payments platform, has secured $25 million in Series D funding led by GV (formerly Google Ventures) with participation from existing investors Notion Capital, Sapphire Ventures, Rakuten FinTech Fund, and Anthemis
This brings the total investment in the five-year-old FinTech company to $61 million
The funding will be used to fuel the company's continued growth and global expansion, as it reimagines the way money flows through the digital economy
Currencycloud provides a set of multi-currency payment and conversion tools that are helping hundreds of companies globalize quickly
The company has seen massive demand for its services, with volumes growing over 150% last year.
ProblemFinancial Services
"Removing friction and costs of traditional cross-border payments"
Solution
"Currencycloud provides flexible APIs to empower developers to add scalable payment services to their products"