Currencycloud raises around £32m
Currencycloud is believed to have raised around £32 million in the first part of a Series E funding round, Jane Connolly writes.
TechCrunch reports that the London-based company, which provides an API and service for cross-border payments, plans to follow tranche one with more funding in the next two or three months.
Currencycloud undertook a Series A round in 2011 and now operates across Europe, the US and Canada, with clients including Visa, Starling Bank, Standard Bank South Africa, Travelex and Klarna.
The company also has offices in Amsterdam and New York and employs over 200 people.