Xace - About the company
Xace is a seed company based in London (United Kingdom), founded in 2020. It operates as a Provider of multicurrency digital accounts and foreign exchange solutions for businesses. Xace has raised $1.91M in funding, with a current valuation of £*****. The company has 10 active competitors, including 1 that is funded. Its top competitors include companies like Apostar, Discover Katahdin and CashtoCode.
Company Details
Provider of multicurrency digital accounts and foreign exchange solutions for businesses. It offers payment processing, open banking, and cross-border payment services. The company provides business accounts with features such as multiple banking rails and currency options. It facilitates payments and currency conversion, offering web and app versions for user access. The company delivers accounts for various industries, including gaming, e-commerce, and esports.
- Website
- www.xace.io/
- Email ID
- *****@xace.io
- Registered Address
- 71-75 SHELTON STREET,COVENT GARDEN,LONDON,ENGLAND,WC2H 9JQ
Key Metrics
Founded Year
2020
Location
London, United Kingdom
Stage
Seed
Total Funding
$1.91M in 2 rounds
Latest Funding Round
Post Money Valuation
£***** as on Feb 03, 2021
Ranked
1st among 10 active competitors
Employee Count
37 as on May 31, 2026
Investment & Acquisitions
Legal entities associated with Xace
Xace is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
XACE LIMITED CIN: 11742963 , United Kingdom, Active | Dec 27, 2018 | - | 2 (As on Dec 31, 2019) |
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Xace's funding and investors
Xace has raised a total funding of $1.91M over 2 rounds. Its first funding round was on Mar 16, 2020.
Here is the list of recent funding rounds of Xace:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 03, 2021 | 9670862 | Seed | 1395624 | 5672810 | 5156892 | 2238981 |
Mar 16, 2020 | 6811023 | Seed | 2912404 | 6602556 | 9065640 | 9041621 |
View details of Xace's funding rounds and investors
Xace's founders and board of directors
Founder? Claim ProfileXace's employee count trend
Xace has 37 employees as of May 26. Here is Xace's employee count trend over the years:
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Xace's Competitors and alternates
Top competitors of Xace include Apostar, Discover Katahdin and CashtoCode. Here is the list of Top 10 competitors of Xace, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Xace 2020, London (United Kingdom), Seed | Provider of multicurrency digital accounts and foreign exchange solutions for businesses | $1.91M | - | 34/100 |
2nd | Operator of services including betting, mobile recharges, and bill payments | - | - | 30/100 | |
3rd | ![]() Discover Katahdin 2024, Bangkok (Thailand), Unfunded | Provider of online slot games and automated payment systems | - | - | 29/100 |
4th | CashtoCode 2010, London (United Kingdom), Unfunded | Provider of payment solutions for online gambling and retail operators | - | - | 19/100 |
5th | iGaming Payments 2008, Sliema (Malta), Unfunded | Provider of web-based payment solutions for the i-gaming industry | - | - | 16/100 |
6th | Gumb Pay 2022, Kingstown (Saint Vincent And The Grenadines), Unfunded | Provider payment gateway and merchant services for online gambling and the gaming industry | - | - | 16/100 |
7th | Prompbase 2025, Unfunded | Platform providing information on payment methods for online gaming activities | - | - | 16/100 |
8th | Gigadat Casino 2025, Canada, Unfunded | ⚡️Best Gigadat Casino & Gambling Solutions in Canada 2025 | - | - | 16/100 |
9th | Nine Wickets Bangladesh, Unfunded | Platform providing agent-assisted account opening and transaction services for betting | - | - | 16/100 |
10th | Online platform providing payment solutions for online casino games | - | - | 16/100 |
Looking for more details on Xace's competitors? Click here to see the top ones
Xace's Investments and acquisitions
Xace has a total of 1 investment in Fluid. Xace has not made any acquisitions as of now.Reports related to Xace
Here is the latest report on Xace's geography:
News related to Xace
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RYVYL Experiencing Growing Demand for its Bank-as-a-Service (BaaS) SolutionGlobeNewswire•Apr 11, 2023•RYVYL, Paydek, Xace, DBank and 3 others
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Xace bolsters payment network with SWIFT and ABA additionSBCNews•Mar 11, 2022•Xace, Swift, American Bankers Association
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Xace secures FCA licence to provide Gaming friendly accounts and virtual debit cardsFF News | Fintech Finance•Sep 18, 2020•Xace
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