FinovateFall 2016 / Currencycloud
Presenter Profile:
How they describe themselves: Currencycloud’s Payment Engine is the power inside countless businesses, driving the transformation of the global payments landscape. The company is re-imagining the way money flows through the global digital economy, allowing businesses to remove the friction and inefficiencies of traditional cross-border payments using its flexible APIs. Launched in 2012. Currencycloud is regulated in Europe, the US and Canada, with offices in New York and London. For more information please visit www.currencycloud.com.
How they describe their product/innovation: Dedicated Data Feeds is a new product offering that allows businesses to access API calls to provide a stand-alone, specialist business requirement. Currently available for FX Rates and Bank Validation, this service is easy to implement and delivers a fast, reliable and cost effective solution.
Product distribution strategy: Direct to Business (B2B)
Contacts:
Bus. Dev.: Dov Marmor, Head of Partnerships, dov.marmor@currencycloud.com & Peter Cunha, Business Development, peter.cunha@currencycloud.com
Press: Amy O’Connor, amy.oconnor@currencycloud.com
Sales: Nabeel Siddiqui, VP North America, nabeel.siddiqui@currencycloud.com
Website: currencycloud.com
Twitter: @currency_cloud
HQ: London, UK
Founded: January 2012
Product Demoed: Payment Engine
Product Launch: September 2016
Metrics: $36M raised to date, 110 employees, 170 direct clients, 500K end customers
Presenters: John Hammond (Chief Commercial Officer), Thanos Bismpigiannis (Sr. Product Manager)
- Key Executives
Michael Laven (CEO), Fiona Tee (CFO), John Hammond (Chief Commercial Officer), Todd Latham (Chief Marketing Officer)
Key Stats
- Key Board Members
Mike Laven (Executive Board, CEO), Nigel Verdon (Non-executive Board, Founder, Currencycloud), Nadeem Shaikh (Non-executive, Anthemis holdings SARL), Ryan Moore (Non-executive, Atlas ventures fund VIII), Jos White (Non-executive, Notion nominees uk ltd), Andreas Weiskam (Non-executive, Sapphire venture fund II LP), Mitchel Lenson (Non-executive)
- Key Investors
Currencycloud is backed by Sapphire Ventures, Rakuten, Anthemis, Atlas, Notion Capital and XAnge – and has raised $36m in funding as of June 2015.
- Key Partnerships
Barclays, Community Federal Savings Bank, SEB
- Key Customers
Banks/Financial Services: Fidor Bank, FX/Payment Service Providers: Agility Forex, Azimo, Centtrip, Digital/Ecommerce: Seedrs, Paddle