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.

Which legal entities is Currencycloud associated with?

Currencycloud is associated with THE CURRENCY CLOUD GROUP LIMITED and 1 other.

How many employees does Currencycloud have?

As of Mar 31, 2026, the latest employee count at Currencycloud is 306.

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 £85.5M as on Sep 30, 2023.

Where does Currencycloud rank among its competitors?

Currencycloud ranks 2nd amongst 75 active competitors, of which 13 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Routefusion, which secured $26.5M in Oct, 2025.

Who are the top competitors of Currencycloud?

Currencycloud's top competitors include NIUM, Thunes and Ingenico. Among them, Routefusion secured the most recent funding round in October, 2025.

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 Nigel Verdon, Stephen Lemon and Rich 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 75 active competitors, including 13 funded and 6 that have exited. Its top competitors include companies like NIUM, Thunes and Ingenico.

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 & 45 more

Ranked

2^nd among 75 active competitors

Annual Revenue

£85.5M as on Sep 30, 2023

Employee Count

306 as on Mar 31, 2026

Similar Companies

NIUM & 244 more

Exit Details

Acquired by Visa (Jul 22, 2021)

View Currencycloud's full profile

Currencycloud is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
THE CURRENCY CLOUD GROUP LIMITED CIN: T16UF5277B , Singapore, Active	Jul 12, 2016	-	-
The Currency Cloud Limited CIN: 6323311 , Germany, Active	Jul 24, 2007	$105M (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 $963M. It was facilitated by FT Partners and Orrick.

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 30 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	1193736	Series E	5821418	4899371	1935719	6164001
Aug 14, 2019	2402907	Grant (prize money)	3253099	2308223	5149044	BCR
Jul 02, 2019	9199022	Series E	4581918	6756396	Goldman Sachs	Google Ventures & 1 more

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View details of Currencycloud's funding rounds and investors

The founders of Currencycloud are Nigel Verdon, Stephen Lemon and Rich Arundel.

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

Nigel Verdon: 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.
Contact Info: 1 email address
Stephen Lemon: Former Co-Founder of Currencycloud and founder of 3 other companies, HiFX, IndiGo and Indigo. They are also an angel investor in 1 startup and serve on the board of 1 company.
Rich Arundel: Co-Founder of Currencycloud.
Contact Info: 1 email address

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
fgetyts	Team	-	Past	3y 1m
ehbjipt	Team	-	Past	4y 1m
gjdsrgc	Team	-	Current	9y 4m
Mitchel Andrew Lenson	Investor	-	Current	10y 10m
Andreas Weiskam	Investor	Sapphire Ventures	Current	10y 8m
euxasda	Investor	wpnvczz	Current	3y 7m
fvyqydu	Investor	uhsudqc	Current	9y 1m
chrykfy	Investor	qxruxef	Current	1y 9m
hupsjft	Investor	onhbwsf	Past	5y 2m
Tarne Kelly Bevan	Independent board member	-	Current	6y 10m
eacxroz	Independent board member	-	Current	9y 8m
nnrugma	Independent board member	-	Current	9y 1m
uzfknxv	Independent board member	-	Past	8y 5m
xfrutrk	Independent board member	-	Past	8y 8m
qi{glkp	Independent board member	-	Past	5y 6m
uwprsir	Independent board member	-	Past	2y 3m
{kigzsd	Independent board member	-	Past	1y 1m

View details of Currencycloud's Founder profiles and Board Members

Currencycloud's employee count trend

Currencycloud has 306 employees as of Mar 26. Here is Currencycloud's employee count trend over the years:

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Top competitors of Currencycloud include NIUM, Thunes and Ingenico. 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	78/100
2nd	Currencycloud 2007, London (United Kingdom), Acquired	Provider of cross-border payment solutions and multi-currency payment infrastructure	$196M	Atlas Venture, Goldman Sachs & 44 others	65/100
3rd	Thunes 2016, Singapore (Singapore), Series D	Cross-border payment infrastructure provider	$362M	Insight Partners, Vitruvian Partners & 19 others	73/100
4th	Ingenico 1980, Suresnes (France), Acquired	Provider of payment acceptance devices, estate management, and commerce enhancing solutions	-	Bpifrance	68/100
5th	TazaPay 2020, Singapore (Singapore), Series B	A cross-border payment solution that enables businesses to collect, hold, and pay seamlessly across international borders	$21.9M	Peak XV Partners, Surge & 15 others	68/100
6th	Paystack 2015, Lagos (Nigeria), Acquired	Payment processing solutions for businesses	$11.7M	Comcast Ventures, Singularity Investments ... & 30 others	64/100
7th	Routefusion 2018, Austin (United States), Series A	Cross-border money transfer solutions for businesses	$40.7M	Silverton Partners, PeakSpan & 8 others	59/100
8th	Shield 2022, Miami (United States), Seed	Provider of payment solutions enabling businesses to accept stablecoins and digital assets.	$7.1M	Giant Ventures, Eterna Capital & 16 others	57/100
9th	Cadana 2020, New York City (United States), Series A	Provider of infrastructure for global workforce payments, contractor management, and EOR	$7.4M	Costanoa Venture, Broadhaven Ventures & 4 others	51/100
10th	Cauridor 2022, Lewes (United States), Seed	Connecting businesses to Africa through seamless, digital payment solutions	$3.5M	Oui Capital, Rally Cap VC & 1 others	50/100

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Looking for more details on Currencycloud's competitors? Click here to see the top ones

Founders own 5.50%, Funds (largest shareholder) own 91.90%, Enterprises own 0.10% and Angels own 0.50%. The net worth of Currencycloud's founders is INR 4.94M as of Dec 22, 2016.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	5.50%	4.94M	75784	83711	66906	28025
Nigel Verdon	554	165	206	844	157	634
Stephen Lemon	7	2	1	5	1	2
Fund	91.90%	83.6M	9073829	1690230	8672700	3084392
Atlas Venture	8754982	9203555	2471240	4644038	9635216	7504532
Sapphire Ventures	6188422	3157817	4635349	8306550	1696834	7175745
Rakuten Capital	7317990	7850632	9978025	7488885	8504544	2758578
Google Ventures	1678826	2458089	7242951	3671981	7370650	5404196
Enterprise	0.10%	93.1K	0	0	0	0
Angel	0.50%	535K	0	0	0	0
Other People	1.80%	1.68M	6	7	1	1
Total	99.80%	9.09Cr	1685701	2251837	6258871	2850916