10 years ago
Currency Cloud Secures $18M Series C to Fuel US Expansion
Currency Cloud, a UK-based provider of cross-border money transferring services, has raised $18 million in Series C funding
The round was led by Sapphire Ventures with participation from Rakuten, Anthemis, Atlas Ventures, Notion Capital, and XAnge Private Equity
The company will use the funding to expand its presence in the US market and continue developing its API-based payment engine.
ProblemFinancial Services
"Making international money transfers expensive and time-consuming for businesses."
Solution
"Providing a fast, efficient and low-cost API-based platform for businesses to send and receive money globally. "