Currencycloud, a cross-border payment platform, has announced the closure of a £20m Series D round from investors including GV (formerly Google Ventures).
The company also received funding from existing investors Notional Capital, Sapphire Ventures, Rakuten FinTech Fund and Anthemis. London-based Currencycloud, founded in 2012, provides APIs for businesses using cross-border financial transactions and claims its services are being used by more than 200 customers in 35 countries. SoftBank to sell 25% of UK-founded tech giant Arm Mike Laven, Currencycloud’s CEO, said the firm had seen “massive and increasing demand” for cross-border transaction services in recent years, with “volumes growing 150% last year”.
http://techcitynews.com/2017/03/09/currencycloud-secures-20m-25m-gv/
