/Companies

Currency Cloud

acquired by Visa

London, GB · Founded 2012 · 289 employees on LinkedIn · 18 known investors

Find your way into Currency Cloud

Currencycloud provides a global cross-border payment platform for businesses to collect, convert, and manage multi-currency transactions across 180+ countries. The service enables virtual wallets, named accounts, and same-day transfers in 35+ currencies for B2B customers worldwide.

Also known as Currencycloud · The Currency Cloud

Founders & leadership

Currency Cloud was founded in 2012 by Nigel Verdon.

NVNigel Verdon
Nigel VerdonFounder

Investors · 18

IFCreportedAuburn

How we know: funding news · Not right? Tell us

Also in the syndicate · 4

AnthemisSiam Commercial Bankthe SBI Groupthe World Bank Group's International Finance Corporation

Funding

SEC filings, press & company announcements

$80M disclosed across 1 of 2 rounds · 2020

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Currencycloud operates a cross-border and multi-currency payment platform for businesses. Its service set covers the components needed to move money internationally, including virtual wallets and virtual named accounts issued to a client's own customers, plus the ability to send, receive, collect, convert and manage payments in multiple currencies simultaneously. The platform advertises access to more than 36 currencies across over 180 countries, with same-day transfers available for multiple currencies.

The offering is delivered as payment infrastructure aimed at developers, positioned as an API-based platform that clients embed behind their own products. Alongside the technology, the company emphasises an ecosystem of partners, a client onboarding process, 24/7 customer service and a global payments network. Currencycloud states it is licensed in the United Kingdom, the Netherlands, Canada, Australia, Singapore and multiple US states.

Business model

Currencycloud supplies white-label cross-border payment infrastructure that other businesses build on, providing virtual accounts, currency conversion and multi-currency payment execution via a developer-oriented platform rather than serving end consumers directly.

▸Full profile — market position, technology, go-to-market, geography

Market position

Currencycloud positions itself as underlying payment infrastructure for the fintech sector, citing a Forbes characterisation of the company as the pipes powering the majority of fintechs, and states that digital challenger brands and traditional banks are among its clients.

Technology

A cross-border, multi-currency payment platform described as built by developers for developers, exposing infrastructure for virtual wallets and named accounts, collection, conversion and payout across 36+ currencies and 180+ countries, with same-day transfer capability in multiple currencies and stated customisability to a client's business and customer base.

Go-to-market

Business customers rather than consumers: entrepreneurs and fintech startups launching new financial services, traditional banks seeking to modernise their international payment capabilities, and established digital challenger firms that use the platform behind the scenes.

Geography

Payments reach over 180 countries in more than 36 currencies. The company reports holding licences in the United Kingdom, the Netherlands, Canada, Australia, Singapore and multiple states in the United States.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Countries coveredJan 2024180
Currencies supportedJan 202436 currencies

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

2 people who came through Currency Cloud went on to found or lead other companies.

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Companies working in the same space as Currency Cloud.

In the news

▸Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Currency Cloud do?
Currencycloud runs a B2B cross-border payment platform covering 36+ currencies in over 180 countries.
Who founded Currency Cloud?
Currency Cloud was founded by Nigel Verdon in 2012.
Who are Currency Cloud's investors?
Currency Cloud's investors include Accomplice, Anthemis Venture, ForgePoint Capital, GV (Google Ventures), Notion Capital, Rakuten Capital, Sapphire Ventures, SBI Ventures Europe GmbH and 6 more.
How much funding has Currency Cloud raised?
Currency Cloud has disclosed $80M raised across 1 of its 2 known rounds.
Who acquired Currency Cloud?
Currency Cloud was acquired by Visa.
Where is Currency Cloud headquartered?
Currency Cloud is headquartered in London, GB.