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Currencycloud - About the company

Currencycloud is an acquired company based in London (United Kingdom), founded in 2007 by Nigel Verdon. 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 61 active competitors, including 14 funded and 4 that have exited. Its top competitors include companies like NIUM, Rapyd and Thunes.

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.
Social
X
Email ID
*****@currencycloud.com
Registered Address
Stewardship Building, 1st Floor, 12 Steward Street, London, England, E1 6FQ
Key Metrics
Founded Year
2007
Location
Stage
Acquired
Total Funding
$196M in 12 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jul 22, 2021
Ranked
Annual Revenue
£50M - £100M as on Sep 30, 2023
Employee Count
300 as on Apr 30, 2026
Similar Companies
Exit Details
Acquired by Visa (Jul 22, 2021)

Currencycloud's acquisition details

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
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Currencycloud's funding and investors

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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 27, 2020
3640869
Series E
3349736
1461234
5444938
4072110
Aug 14, 2019
7207878
Grant (prize money)
4516488
8620420
9967790
Jul 02, 2019
4358215
Series E
1647276
3302068
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Currencycloud's founders and board of directors

Founder? Claim Profile
The founders of Currencycloud is Nigel Verdon.
Here are the details of Currencycloud's key team members:

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
bzvyyah
Team
-
Past
5y 6m
kidwiie
Team
-
Past
3y 3m
sfngdpp
Team
-
Current
9y 3m
Investor
-
Current
11y 1m
Investor
Sapphire Ventures
Current
10y 11m
cpdu{mx
Investor
inkqbmm
Current
1y 9m
zzhvlvw
Investor
ormxo{t
Current
6y 9m
kpyvtrx
Investor
fjkopua
Current
7y 1m
qcjlffz
Investor
gokmgrx
Past
2y 4m
Independent board member
-
Current
7y 1m
lkuowwn
Independent board member
-
Current
3y 6m
u{knrch
Independent board member
-
Current
2y 9m
gowzrmr
Independent board member
-
Past
6y 3m
vwusr{q
Independent board member
-
Past
3y 5m
hvuajlj
Independent board member
-
Past
5y 8m
nawhnze
Independent board member
-
Past
1y 6m
psqzwlj
Independent board member
-
Past
7y 5m

Currencycloud's employee count trend

Currencycloud has 300 employees as of Apr 26. Here is Currencycloud's employee count trend over the years:
Employee count trend for Currencycloud
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Currencycloud's Competitors and alternates

Top competitors of Currencycloud include NIUM, Rapyd and Thunes. 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
Logo for NIUM
NIUM
2014, Singapore (Singapore), Series E
Cross-border money transfer solutions for businesses
$312M
78/100
2nd
Logo for Rapyd
Rapyd
2016, London (United Kingdom), Series F
Provider of financial infrastructure for processing payments and issuing cards
$1.01B
76/100
3rd
Logo for Thunes
Thunes
2016, Singapore (Singapore), Series D
Cross-border payment infrastructure provider
$362M
73/100
4th
Logo for TazaPay
TazaPay
2020, Singapore (Singapore), Series B
A cross-border payment solution that enables businesses to collect, hold, and pay seamlessly across international borders
$57.9M
68/100
5th
Logo for Paystack
Paystack
2015, Lagos (Nigeria), Acquired
Payment processing solutions for businesses
$11.7M
67/100
6th
Logo for Currencycloud
Currencycloud
2007, London (United Kingdom), Acquired
Provider of cross-border payment solutions and multi-currency payment infrastructure
$196M
65/100
7th
Logo for Shield
Shield
2022, Miami (United States), Seed
Provider of payment solutions enabling businesses to accept stablecoins and digital assets.
$7.1M
59/100
8th
Logo for Cauridor
Cauridor
2022, Lewes (United States), Series A
Connecting businesses to Africa through seamless, digital payment solutions
$13M
57/100
9th
Logo for Routefusion
Routefusion
2018, Austin (United States), Series A
Cross-border money transfer solutions for businesses
$40.7M
56/100
10th
Logo for Bankable
Bankable
2010, London (United Kingdom), Series A
White Label solution for payments
$12M
51/100
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Looking for more details on Currencycloud's competitors? Click here to see the top ones

Currencycloud's Investments and acquisitions

Currencycloud has made no investments or acquisitions yet.

Reports related to Currencycloud

Here is the latest report on Currencycloud's sector:

News related to Currencycloud

lockFilter this list
Media has covered Currencycloud for 1 event in last 1 year, It was about company updates.
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