Emerging Trends and Challenges

“International Payment Specialists”
Selected Company Profiles (cont.)
Products & Services Overview
Company Overview
Exchange Rates – Add real-time currency exchange
rates to website or app via REST calls or widgets
CEO:
Headquarters:
Mike Laven
London, England
Buy & Sell Currency – Buy, sell and hedge currency
using real-time rates
Founded: 2012
• The Currency Cloud’s mission is to power next-generation
enterprises with a transparent, fast, easy-to-use and secure
payments engine that will transform the way businesses move
money around the world
• The Currency Cloud specializes in cross-border payments as
a service; the Company’s technology is built around a series
of API’s, which enable customers to develop services on top
of The Currency Cloud Payment Engine
Transaction History
Date $ mm Type Acquirer / Investor (s)
06/23/15 $18 Financing
04/15/14 10 Financing
Sapphire Ventures; Rakuten,
Inc; Anthemis Group;
Accomplice; Notion Capital;
XAnge
Anthemis Group; Notion
Capital; Accomplice; XAnge
Private Equity; Silicon Valley
Bank
07/12/12 3 Financing Notion Capital
03/13/12 4 Financing Anthemis Group; Accomplice
Source: Company website, FT Partners proprietary database, Capital IQ, Crunchbase.
Make Payments – Send international and local
payments; set up and save payment runs
Receive Funds – Monitor the status of inbound funds for
conversion into local currency and / or making outward
payments
Control Settlement – Settle with clients, Currency Cloud
or other third parties; multiple settlement modes include
net, bulk and single
Risk Management – Manage all risk and collateral limits
for customers
Beneficiary Management – Maintain details and
validate all accounts prior to saving a beneficiary
Account Management – Manage client and contact
details, permissions and client pricing tables using client
reference IDs
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