Visa revealed its plans to buy Currencycloud in July 2021 for £700 million. The deal is based on the foundation of the two form’s existing partnership. Currencycloud’s cloud-based platform supports more than 500 banking and technology clients. Since it was founded in 2012, the company has spread across more than 180 countries.
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Cross-border payments have registered significant growth recently, attributed to growing demand from business of all sizes to engage in international trade. Currencycloud will contribute to Visa’s network by widening access to international payment products that help businesses meet their cross-border needs. Mike Laven, Chief Executive Officer, Currencycloud, said: At Currencycloud, we’ve always strived to deliver…
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Lucian Lauerman, Head of OANDA FX Data Services, commented: One of the world’s leading FX authorities, OANDA is dedicated to helping companies optimize cash flow, manage currency risk and build their bottom line. As such, we’re delighted to be partnering with Shift Connect and Currencycloud in order to add OANDA FX Payments to our best-in-class…
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Global cross-border payments platform Currencycloud and South Korea’s Hyundai Card announced today an exclusive partnership to enable the launch of Korea’s first mobile remittance service provided by a credit company. The service, established by the UK-headquartered FinTech company and Hyundai Motor Group’s credit issuing arm in conjunction with Korea’s long-standing Shinhan Bank, allows users to…
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Duco, the global fintech provider of data control services, today announced a new agreement with Currencycloud, the international Payments Engine behind a number of leading payment firms. Currencycloud will use Duco Cube's self-service data control platform, for a variety of operational functions including cash, trade-to-cash, and bank cash flow reconciliations. In addition to Currencycloud, Duco…
Read moreCurrencycloud, the international Payments Engine behind countless financial firms, announces a new partnership with Arkéa Banking Services, a subsidiary of Credit Mutuel Arkea. Through the partnership, Currencycloud will offer Euro bank accounts to its clients as well as have direct access to European payments systems. Currencycloud’s clients will benefit from faster payments and massively improved…
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