Currencycloud provides a B2B international payments platform that lets fintechs, digital banks, and enterprises send, receive, and manage multi‑currency payments via a single programmable API. The service offers virtual named accounts, multi‑currency wallets, real‑time FX conversion, and same‑day settlement across 36+ currencies in over 180 countries, with built‑in compliance and fraud controls.
Funding
$80M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
8OVFounders
Product
Problem
Businesses that need to send, receive, and manage payments across multiple countries face fragmented banking infrastructure, limited currency coverage, and complex compliance requirements, making cross‑border transactions slow, costly, and difficult to integrate into their products.
Solution
Currencycloud offers a B2B international payments platform that abstracts the complexity of global banking through a single, programmable API. The service provides virtual named accounts, multi‑currency wallets, and real‑time conversion, enabling companies to collect, convert, and disburse funds in over 35 payout currencies across more than 180 countries. Payments can be executed via SWIFT or local networks with same‑day settlement for many corridors. Built‑in compliance, fraud monitoring, and secure communication channels protect sensitive data, while the platform’s modular design allows full customization to match each client’s workflow and branding.
Target Audience
Primary customers are fintech platforms, digital banks, and enterprise businesses that require scalable, programmable cross‑border payment capabilities for B2B and B2C transactions.
Features
- RESTful API and SDKs for rapid integration into fintech, banking, and enterprise systems
- Virtual named accounts and multi‑currency wallets for on‑boarded customers
- Support for 36+ currencies and 100s of currency pairs with automatic FX conversion
- Same‑day and next‑day payment options via SWIFT and local payment schemes in 180+ countries
- Real‑time transaction tracking, reporting dashboard, and webhook notifications
- Built‑in compliance, AML screening, and fraud detection to meet regulatory standards
- Secure communication practices, including encrypted data transfer and restricted channel policies