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"

      Covered on