When was Currencycloud founded?

Currencycloud was founded in 2007 and raised its 1st funding round 2 years after it was founded.

Where is Currencycloud located?

Currencycloud is headquartered in London, United Kingdom. It is registered at Stewardship Building, 1st Floor, 12 Steward Street, London, England, E1 6FQ.

How many employees does Currencycloud have?

As of Aug 31, 2026, the latest employee count at Currencycloud is 284.

Is Currencycloud a funded company?

Currencycloud is a funded company, having raised a total of $196M across 12 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 26, 2009.

How much is Currencycloud worth?

The last known valuation of Currencycloud was $***** as of Jul 22, 2021.

When was the latest funding round of Currencycloud?

Currencycloud's latest funding was a $***** Series E round on Jan 27, 2020, with participation from 10 investors.

What is the annual revenue of Currencycloud?

Annual revenue of Currencycloud is between £50M and £100M as on Sep 30, 2023

Where does Currencycloud rank among its competitors?

Currencycloud ranks 3rd amongst 77 active competitors, of which 15 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Cauridor, which secured $2M in May, 2026.

Who are the top competitors of Currencycloud?

Currencycloud's top competitors include NIUM, Rapyd and Paystack. Among them, Cauridor secured the most recent funding round in May, 2026.

Currencycloud - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Currencycloud an acquired company?

Currencycloud got acquired by Visa on Jul 22, 2021.

Currencycloud is an acquired company based in London (United Kingdom), founded in 2007 by Sachin Kumar Bansal, Richard Arundel and Richard Arundel. It operates as a Provider of cross-border payment solutions and multi-currency payment infrastructure. Currencycloud has raised $196M in funding from investors like Sapphire Ventures, Notion and Visa, with last known valuation of $*****. The company has 77 active competitors, including 15 funded and 4 that have exited. Its top competitors include companies like NIUM, Rapyd and Paystack.

Company Details

Provider of cross-border payment solutions and multi-currency payment infrastructure. The platform offers tools to collect, convert, pay, and manage international transactions. It provides application programming interface integration, direct platform access, and white-label platform options. The company delivers virtual wallets, named accounts, and global payment capabilities.

Website: www.currencycloud.com
Social
Email ID: *****@currencycloud.com
Registered Address: Stewardship Building, 1st Floor, 12 Steward Street, London, England, E1 6FQ

Key Metrics

Founded Year

2007

Location

London, United Kingdom

Stage

Acquired

Total Funding

$196M in 12 rounds

Latest Funding Round

Series E, Jan 27, 2020, $*****

Last Known Valuation

$***** as on Jul 22, 2021

Investors

Sapphire Ventures & 44 more

Ranked

3^rd among 77 active competitors

Annual Revenue

£50M - £100M as on Sep 30, 2023

Employee Count

284 as on Aug 31, 2026

Similar Companies

NIUM & 247 more

Exit Details

Acquired by Visa (Jul 22, 2021)

View Currencycloud's full profile

Currencycloud is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
The Currency Cloud Limited CIN: 6323311 , Germany, Active	Jul 24, 2007	£50M - £100M (As on Sep 30, 2023)	97 (As on Dec 31, 2023)

Currencycloud got acquired by Visa on Jul 22, 2021 at an acquisition amount of $*****.

Click here to take a look at Currencycloud's acquisition in detail

Currencycloud has raised a total funding of $196M over 12 rounds. Its first funding round was on Mar 26, 2009. Its latest funding round was a Series E round on Jan 27, 2020 for $*****. 10 investors participated in its latest round. Currencycloud has 29 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of Currencycloud:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 27, 2020	3269051	Series E	9973086	8320465	4855378	7614393
Aug 14, 2019	6794454	Grant (prize money)	9109372	6285003	4088631	BCR
Jul 02, 2019	6062527	Series E	4952078	7762188	Goldman Sachs	Google Ventures & 1 more

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View details of Currencycloud's funding rounds and investors

The founders of Currencycloud are Sachin Kumar Bansal, Richard Arundel and Richard Arundel.

Here are the details of Currencycloud's key team members:

Sachin Kumar Bansal: Former Co-Founder of Currencycloud and founder of 3 other companies, Railsr, Railsbank and Currency Cloud. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Richard Arundel: GM North America | Co-Founder of Currencycloud.
Richard Arundel: Global Head of Go-to-Market Transformation I Chief Evangelist | Co-Founder of Currencycloud.

Currencycloud's Board of Directors

Currencycloud's board has 9 active members. Mitchel Andrew Lenson, Andreas Weiskam, Samantha Ghiotti, Jos White, Mike Laven and Mitchel Lenson are part of team and Tarne Kelly Bevan, Ryan Moore and Colleen Elise Ranney Ostrowski are independent board members.

Here is the list of Currencycloud's board of directors:

Name	Type	Representing	Status	Duration
eg{qgvr	Team	-	Past	4y 6m
vamtuwn	Team	-	Past	5y 1m
rywxvop	Team	-	Current	9y 5m
Mitchel Andrew Lenson	Investor	-	Current	11y 5m
Andreas Weiskam	Investor	Sapphire Ventures	Current	11y 3m
ewfuyri	Investor	wens{{g	Current	5y 1m
eztvxos	Investor	aezznq{	Current	4y 5m
vloyxiu	Investor	wpjw{gj	Current	2y 2m
owpx{mq	Investor	xggfcmq	Past	7y 6m
Tarne Kelly Bevan	Independent board member	-	Current	7y 5m
lteiumv	Independent board member	-	Current	4y 3m
mkfbhdx	Independent board member	-	Current	3y 7m
vhzzcat	Independent board member	-	Past	2y 7m
cbajfvq	Independent board member	-	Past	5y 8m
stnukhz	Independent board member	-	Past	3y 2m
qhcutzt	Independent board member	-	Past	5y 2m
galbpmw	Independent board member	-	Past	4y 6m

View details of Currencycloud's Founder profiles and Board Members

Currencycloud's employee count trend

Currencycloud has 284 employees as of Aug 26. Here is Currencycloud's employee count trend over the years:

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Top competitors of Currencycloud include NIUM, Rapyd and Paystack. Here is the list of Top 10 competitors of Currencycloud, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NIUM 2014, Singapore (Singapore), Series E	Cross-border money transfer solutions for businesses	$312M	GSR Ventures, Vertex Holdings & 35 others	79/100
2nd	Rapyd 2016, London (United Kingdom), Series F	Provider of financial infrastructure for processing payments and issuing cards	$1.01B	Tal Capital, Durable Capital Partners & 34 others	76/100
3rd	Currencycloud 2007, London (United Kingdom), Acquired	Provider of cross-border payment solutions and multi-currency payment infrastructure	$196M	Kreos Capital, Atlas Venture & 43 others	75/100
4th	Paystack 2015, Lagos (Nigeria), Acquired	Payment processing solutions for businesses	$11.7M	Singularity Investments, Stripe & 30 others	67/100
5th	Shield 2022, Miami (United States), Seed	Provider of payment solutions enabling businesses to accept stablecoins and digital assets.	$7.1M	Giant Ventures, WAGMI Ventures & 16 others	59/100
6th	MetaComp 2022, Singapore (Singapore), Seed	Provider of cross-border payment infrastructure and digital asset security tools	$35M	Eastern Bell Capital, Alibaba & 4 others	56/100
7th	Routefusion 2018, Austin (United States), Series A	Cross-border money transfer solutions for businesses	$40.7M	Silverton Partners, PeakSpan Capital & 8 others	56/100
8th	Equals Money 2007, London (United Kingdom), Funding Raised	Provider of prepaid expense cards and digital business spend management	-	-	55/100
9th	Cauridor 2022, Lewes (United States), Series A	Connecting businesses to Africa through seamless, digital payment solutions	$13M	Oui Capital, Proparco & 4 others	54/100
10th	Bankable 2010, London (United Kingdom), Series A	White Label solution for payments	$12M	Visa, Indivision Bergerot & 43 others	51/100