Currencycloud

remittancessoftware/whitelabel/apis-remittancenetwork 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

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

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:

Accomplice

Anthem Venture Partners

Anthemis Group

Atlas Venture

GV

Notion Capital

Rakuten

Sapphire Ventures

Silicon Valley Bank

Siparex

XAnge

XAnge Private Equity

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