CurrencyFair logo — On a mission to provide fair financial services for all.

CurrencyFair

On a mission to provide fair financial services for all.

Founded 2009 Ireland Ireland 60 employees Debt Financing Total: $22.15M Finance, Financial Services +2

General Information

Company Name CurrencyFair
Founded Year 2009
Location Ireland Ireland +1
Employees 60
Industries Finance, Financial Services, Fintech +1
Funding Stage Debt Financing
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About CurrencyFair

CurrencyFair, founded in 2009 and headquartered in Ireland, is revolutionizing the way individuals and businesses conduct international money transfers. With a clear mission encapsulated in its slogan, "On a mission to provide fair financial services for all," the company addresses the common pain points faced by expats, overseas home-owners, and SMEs in the realm of international payments.

This fintech firm differentiates itself by providing access to the real exchange rate for cross-border transfers, while charging a nominal, transparent margin averaging just 0.53%. Customers are further incentivized by a nominal fixed fee of €3 when transferring money out. This competitive pricing ensures consistent value, be it their first or fiftieth transaction.

Backed by Claret Capital through a Debt Financing round in August 2018, CurrencyFair stands as a regulated entity, ensuring both security and liquidity in its operations. Positioned at the intersection of Finance, Financial Services, Fintech, and Payments industries, this company holds significant appeal for investors seeking entrants poised to make a meaningful impact in financial technology.

Taxonomy: fair financial services, currency exchange marketplace, international money transfers, real exchange rate access, transparent transaction fees, person-to-person currency exchange, regulated payment institution, liquidity provision, expat financial solutions, overseas transactions, small and medium enterprises (SME) support, competitive exchange rates, anonymous currency transactions, customer fund protection

Services & Products

secure money transfers
currency exchange services
multi-currency accounts
rate alerts system
business payment solutions

Target Customers

individuals transferring money overseas businesses paying global employees property buyers overseas students paying international tuition fees retirees receiving overseas pensions businesses dealing with international suppliers

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 1
Investor
21 Aug 2018
Venture Round •••••• 5
Investor Investor Investor Investor Investor
23 Mar 2016
Series A •••••• 3
Investor Investor Investor
16 Apr 2015
Seed Round •••••• 1
Investor
04 Nov 2013
Seed Round •••••• 1
Investor
01 Sep 2011

View All 10 Funding Rounds

CurrencyFair Alternatives & Competitors

View All Alternatives
CurrencyFair vs
Fortuna FX
Fortuna FX United Kingdom

We offer the most competitive currency conversion rates across the whole market.

3 employees
Financial Services
CurrencyFair vs
Atlantic Money
Atlantic Money United Kingdom

Send money abroad – always at the live exchange rate for just a flat £3 fee. All the way up to £1 mi...

Acquired
9 employees
Finance, Financial Services
CurrencyFair vs
Currensea
Currensea United Kingdom

Travel spend done differently

Unknown
53 employees
Finance, Fintech

FAQ About CurrencyFair

On a mission to provide fair financial services for all.
CurrencyFair was founded in 2009.
CurrencyFair is headquartered in Ireland.
CurrencyFair operates in the following industries: Finance, Financial Services, Fintech, Payments.
CurrencyFair has approximately 60 employees.
CurrencyFair has completed 10 funding rounds, raising a total of $22.15M. The latest funding stage is Debt Financing.
CurrencyFair offers: secure money transfers, currency exchange services, multi-currency accounts, rate alerts system, business payment solutions.
Top alternatives and competitors to CurrencyFair include Fortuna FX, Atlantic Money, Currensea, Winngie Technologies, Xe.com. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CurrencyFair and Fortuna FX are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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