Currencycloud
remittances . software/whitelabel/apis-remittance . network settlement
FOUNDING YEAR: 2012
LOCATION: United Kingdom
Last Update: 19/01/2021
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About
Currency Cloud Connect is designed for customers who want to make payments. By accessing the currency Payment Engine via API, customers can automate end-to-end international payment processes and deliver sophisticated solutions which are tailor-made.
MEDICI Analysis
Currency Cloud Connect is designed for customers who want to make payments. By accessing the currency Payment Engine via API, customers can automate end-to-end international payment processes and deliver sophisticated solutions which are tailor-made.
Focus
PRODUCTS & SERVICES
Payment engine for cross border businesses.
REVENUE MODEL
Currency Cloud operates a series of APIs that connect a company’s payroll and accounting straight into banks in their chosen country—potentially bypassing traditional foreign exchange systems and a radical proposition that costs an average of 0.5% and 1% per transaction.
MAIN CLIENTS
Mango Pay
Fair Fx RM capital
TransferWise
Kantox
Zipcard
etc.
EXISTING PARTNERSHIPS
Arkea Banking Services
XE.com and Currency Cloud Partner to deliver a uk money transfer solution for businesses.
Traction
COMPANY TYPE:
For Profit
REVENUE
0.0 in 2013
TRANSACTIONS VALUE:
$4.8 B
ACTIVE USERS:
0.2500
People
FOUNDERS
Stephen Lemon
BOARD MEMBERS AND ADVISORS
Jason Henrichs
Jos White
Ryan Moore
NUMBER OF EMPLOYEES
51-200
INVESTORS:
BNP Paribas Investment Partners
International Finance Corporation
Capability and Innovation Fund
KEY EMPLOYEES:
Mike Laven
Momentum
FUNDED
YES
NUMBER OF FUNDING ROUNDS
11
TOTAL FUNDING
$141.26 M
DATE OF LAST FUNDING
Jan 2020
IPO STATUS
Private
ESTIMETED REVENUE RANGE
$10M to $50M
FUNDING SERIES
SERIES A · $4 M · Mar 2012
SERIES B · $10 M · Apr 2014
SERIES C · $18 M · Jun 2015
SERIES D · $24.35 M · Mar 2017
SERIES E · $80 M · Jan 2020
OTHERS · $4.91 M · Oct 2012
DEBT FUNDING
$6.86 M
PRIZE MONEY
$24.12 M
LISTED
NO
COMMENT
Venture funding: $3 M(July 2012).
company provided insights
Web Traffic
MONTHLY VISITS
28,123
AVERAGE VISITS (6 MONTHS)
27,918.46
MONTHLY VISITS GROWTH
36.32%
VISIT DURATION
180
VISIT DURATION GROWTH
42.66%
PAGE VIEWS VISIT
3.04
PAGE VIEWS VISIT GROWTH
7.45%
BOUNCE RATE
59.42%
BOUNCE RATE GROWTH
5.36%
GLOBAL TRAFFIC RANK
683,867
MONTHLY RANK CHANGE
-433,175
MONTHLY RANK GROWTH
-38.78%
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Currency Cloud
About
Currency Cloud Connect is designed for customers who want to make payments. By accessing the currency Payment Engine via API, customers can automate end-to-end international payment processes and deliver sophisticated solutions which are tailor-made.
Focus
PRODUCTS & SERVICES
Currencycloud's Payment Engine is built by developers, with developers in mind. By building a sophisticated Payment Engine we have taken the complexity out of international payments both for our Clients – who are developing game-changing services on top of the Payment Engine – and for our clients’ customers.
REVENUE MODEL
Currency Cloud operates a series of APIs that connect a company’s payroll and accounting straight into banks in their chosen country—potentially bypassing traditional foreign exchange systems and a radical proposition that costs an average of 0.5% and 1% per transaction.
Traction
ANNUAL REVENUE:
0.00
TRANSACTIONS VALUE:
4.8 B
ACTIVE USERS/ACCOUNTS:
0.2500 Million
LIVE USERS/TRANSACTIONS:
No live users/transaction yet
People
NUMBER OF EMPLOYEES
51-200
BOARD MEMBERS AND ADVISORS:
Jason Henrichs, Jos White, Ryan Moore
INVESTORS:
Momentum
FUNDED
YES
TOTAL FUNDING:
$32 M
LISTED
NO
FUNDING SERIES
SERIES A · $4 M · ---
SERIES B · $10 M · Apr 2014
SERIES C · $18 M · Jun 2015