What is Currencycloud?
Currencycloud is a London-based financial services company specializing in the development and automation of payment solutions for its clients. Leveraging its proprietary Payment Engine, the company enables businesses to benefit from real-time wholesale exchange rates and a secure, efficient payment network. This strategic focus on providing advanced financial infrastructure allows clients to optimize their international transactions and operational workflows, solidifying Currencycloud's role as a key player in the fintech landscape.
How much funding has Currencycloud raised?
Currencycloud has raised a total of $108.2M across 7 funding rounds:
Series A
$4M
Private Equity
$3M
Series B
$10M
Series C
$18M
Series D
$25M
Other Financing Round
$6.9M
Series E
$41.3M
Series A (2012): $4M with participation from Anthemis Group and Atlas Venture
Private Equity (2012): $3M led by Notion Capital and Anthemis Group
Series B (2014): $10M supported by Silicon Valley Bank, Anthemis Group, XAnge Private Equity, Atlas Venture, and Notion Capital
Series C (2015): $18M featuring XAnge, Anthemis Group, Notion Capital, Sapphire Ventures, and Atlas Venture
Series D (2017): $25M backed by Anthemis Group, Google Ventures, Sapphire Ventures, and Notion Capital
Other Financing Round (2018): $6.9M with participation from Kreos Capital and Accomplice VC
Series E (2019): $41.3M, investors not publicly disclosed
Key Investors in Currencycloud
Notion Capital
Notion Capital is a leading early-stage venture capital firm based in London, specializing in investments in B2B SaaS and cloud services across Europe. The firm provides investment capital and expert support to help ambitious brands scale their ventures, focusing on building strong, long-term relationships with founders.
Anthemis Group
Founded in 2010 and headquartered in London, UK, Anthemis cultivates change in financial services by investing in, growing, and sustaining businesses.
Sapphire Ventures
Sapphire Ventures is a venture capital firm focused on investing in and providing services to technology companies. They are based in Palo Alto, California.
What's next for Currencycloud?
With a history of substantial enterprise-level backing and a recent strategic investment, Currencycloud is well-positioned to further enhance its payment processing capabilities and expand its market reach. The company's ongoing access to capital suggests a strategic focus on technological advancement, potentially including the integration of new payment technologies, further automation of financial services, and expansion into new geographical markets. This sustained financial support indicates a strong confidence in Currencycloud's business model and its capacity to drive innovation within the global payments industry.
See full Currencycloud company page
