Ireland
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.
