2015’s biggest investments: Currency Cloud £12.5m

Latest investment takes fintech company’s total funding to $36m since launch

Company: Currency Cloud
Description: International money transfers
Founder: Nigel Verdon
Based in: London
Raised: £12.5m ($18m)
Investors: Sapphire Ventures, Rakuten

They said:

Mike Lavern, Currency Cloud CEO: “The involvement of established institutional investors, Sapphire Ventures and Rakuten FinTech Fund will add a new dimension to our global ambition as we consolidate relationships with technology and banking partners worldwide.”

 Managing director of Sapphire Ventures Andreas Weiskam: “We are excited to draw upon our enterprise DNA and international experience to help Currency Cloud scale and continue pushing the barriers to challenge how financial services are delivered.”

Read more about the deal here.

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