Sources: Currencycloud, the API for cross-border payments, has raised ~£32M in first part of a Series E round

Currencycloud, a London-based provider of cross-border payments, has closed the first part of its Series E funding round. The round totals just shy of £32 million in new shares issued. Sources indicate Goldman Sachs is leading the round with existing investor GV (previously Google Ventures) and Spanish bank Santander, via its venture arm Santander InnoVentures, also participating. Currencycloud's API is used by fintechs and larger companies including Visa, Starling Bank, Standard Bank South Africa, Travelex, and Klarna to facilitate international money transfers. The company has processed over $50bn in transfers, sending money to over 180 countries.

Currencycloud Raises £32 Million in Series E Funding Led by Goldman Sachs

Currencycloud is a London-based provider of an API and service for cross-border payments that is used by a host of fintechs and larger companies, including most recently Visa. The company offers an API for businesses that need to offer their customers international money transfers. Currencycloud has built out payments infrastructure for cross-border payments and money transfer. Now operating across Europe, along with the U.S. and Canada, the company has to date processed more than $50bn in transfers, sending money to over 180 countries. The banks and fintechs that Currencycloud works with globally include Starling Bank, Standard Bank South Africa, Visa, Travelex and Klarna.

A provider of an API and service for cross-border payments used by fintechs and large companies.

6 years ago

Currencycloud Raises £32 Million in Series E Funding Led by Goldman Sachs

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