Currencycloud Overview
- Year Founded
-
2007
- Status
-
Acquired/Merged
- Employees
-
600
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$893M
Currencycloud General Information
Description
Developer of a foreign exchange payments automation platform intended to give businesses the capability to move money across borders, and transact globally in multiple currencies. The company's platform makes it easy to send and receive payments in today's digital economy with automated end-to-end payment process, collection and conversion services and digital currency management, enabling clients to embrace digital wallets and embed finance into the core of their business - no matter what industry they're in.
Contact Information
Website
www.currencycloud.com(Operating Subsidiary)
Corporate Office
- The Steward Building
- 12 Steward Street
- London E1 6FQ
- England, United Kingdom
Corporate Office
- The Steward Building
- 12 Steward Street
- London E1 6FQ
- England, United Kingdom
Currencycloud Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Merger/Acquisition | 20-Dec-2021 | $893M | Completed | Generating Revenue | ||
| 13. Later Stage VC | Completed | Generating Revenue | ||||
| 12. Debt - General | 30-Sep-2020 | Completed | Generating Revenue | |||
| 11. Later Stage VC (Series E) | 26-Jan-2020 | Completed | Generating Revenue | |||
| 10. Grant | 14-Aug-2019 | Completed | Generating Revenue | |||
| 9. Debt - General | 01-Oct-2018 | Completed | Generating Revenue | |||
| 8. Debt Refinancing | 05-Jan-2018 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series D) | 05-Apr-2017 | Completed | Generating Revenue | |||
| 6. Debt - General | 01-Mar-2016 | $34.7M | Completed | |||
| 5. Later Stage VC (Series C) | 02-Jul-2015 | $18.7M | $34.7M | Completed | Generating Revenue |
Currencycloud Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Series C | ||||||||
| A Ordinary | ||||||||
| Series B | ||||||||
| Series A | ||||||||
| Series A | ||||||||
| B Ordinary | ||||||||
| B Ordinary | ||||||||
| B Ordinary | 9,924,690 | $0.000124 | $0.07 | $0.07 | 1x | $0.07 | 6.04% | |
| A Ordinary | 11,237,040 | $0.000124 | $0 | $0 | 1x | $0 | 6.84% |
Currencycloud Comparisons
Industry
Financing
Details
Currencycloud Competitors (43)
One of Currencycloud’s 43 competitors is Ria Financial Services, a Corporate Backed or Acquired company based in Buena Park, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ria Financial Services | Corporate Backed or Acquired | Buena Park, CA | ||||
| Rapyd | Venture Capital-Backed | London, United Kingdom | ||||
| Revolut | Venture Capital-Backed | London, United Kingdom | ||||
| Ebury | Private Equity-Backed | London, United Kingdom | ||||
| Monese | Formerly VC-backed | London, United Kingdom |
Currencycloud Signals
Currencycloud Former Investors (24)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Accomplice VC | Venture Capital | Minority | ||
| Anthemis | Growth/Expansion | Minority | ||
| Atlas Venture | Venture Capital | Minority | ||
| BNP Paribas | Investment Bank | Minority | ||
| Banking Competition Remedies | Corporation |
Currencycloud Investments (3)
Currencycloud’s most recent deal was a Seed Round with Fideo for . The deal was made on 13-Feb-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Fideo | 13-Feb-2023 | Seed Round | Other Financial Services | ||
| Cledara | 30-Nov-2020 | Seed Round | Business/Productivity Software | ||
| Stored. | Accelerator/Incubator | Business/Productivity Software |
Currencycloud FAQs
-
When was Currencycloud founded?
Currencycloud was founded in 2007.
-
Where is Currencycloud headquartered?
Currencycloud is headquartered in London, United Kingdom.
-
What is the size of Currencycloud?
Currencycloud has 600 total employees.
-
What industry is Currencycloud in?
Currencycloud’s primary industry is Financial Software.
-
Is Currencycloud a private or public company?
Currencycloud is a Private company.
-
What is the current valuation of Currencycloud?
The current valuation of Currencycloud is .
-
What is Currencycloud’s current revenue?
The current revenue for Currencycloud is .
-
How much funding has Currencycloud raised over time?
Currencycloud has raised $160M.
-
Who are Currencycloud’s investors?
Accomplice VC, Anthemis, Atlas Venture, BNP Paribas, and Banking Competition Remedies are 5 of 24 investors who have invested in Currencycloud.
-
Who are Currencycloud’s competitors?
Ria Financial Services, Rapyd, Revolut, Ebury, and Monese are some of the 43 competitors of Currencycloud.
-
When was Currencycloud acquired?
Currencycloud was acquired on 20-Dec-2021.
-
Who acquired Currencycloud?
Currencycloud was acquired by Visa.
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