Currencycloud Competitors and Similar CompaniesClear all

Currencycloud's competitors and similar companies include Revolut, iBanFirst, Ibani and Xchanger.

	Currencycloud Currencycloud (also known as The Currency Cloud) is a developer of a foreign exchange payments automation platform for cross-border payments.	Revolut Revolut is a fintech company that provides banking solutions for individuals and businesses.	iBanFirst iBanFirst is a technology company that provides cross-border payment solutions.	Ibani Ibani is a company that develops a money exchange and international transfer platform.	Xchanger Xchanger is a company that provides a financial platform for international money transfers.
Founding Date	Founding Date 2012	Founding Date 2015	Founding Date 2016	Founding Date 2018	Founding Date 2016
Type	Type Subsidiary	Type Private	Type Private	Type Subsidiary	Type Private
Tags	Tags Technology exchange fintech money transfer payments platform	Tags Technology cryptocurrency exchange fintech mobile app payments	Tags Technology exchange fintech money transfer payments platform	Tags Technology exchange fintech money transfer platform	Tags Technology exchange fintech money transfer payments platform
Locations	Locations London, GB HQ Sydney, AU Amsterdam, NL Singapore, SG Cardiff, GB London, GB New York, US	Locations London, GB HQ Melbourne, AU Sydney, AU Sao Paulo, BR Paris, FR Berlin, DE Bengaluru, IN see more	Locations Brussels, BE HQ Antwerpen, BE Sofia, BG Dijon, FR Paris, FR Düsseldorf, DE München, DE see more	Locations Carouge, CH HQ Genève, CH	Locations London, GB HQ Warszawa, PL
Employees	Employees 600	Employees 18,6772% increase	Employees 3591% decrease	Employees 7	Employees 3
Financial
Revenue (est.)	Revenue (est.) £66.1m (FY, 2022)	Revenue (est.) £636.2m (FY, 2021)	Revenue (est.) €20.6m (FY, 2021)	Revenue (est.) N/A	Revenue (est.) N/A
Cost of goods	Cost of goods £30.7m (FY, 2022)	Cost of goods £196m (FY, 2021)	Cost of goods €14.7m (FY, 2021)	Cost of goods N/A	Cost of goods N/A
Gross profit	Gross profit £35.5m (FY, 2022)	Gross profit £440.2m (FY, 2021)	Gross profit €5.9m (FY, 2021)	Gross profit N/A	Gross profit N/A
Net income	Net income £8.3m (FY, 2022)	Net income £26.3m (FY, 2021)	Net income (€14.2m) (FY, 2021)	Net income N/A	Net income N/A
Operating ⚠
Currencies	Currencies N/A	Currencies 28 (Aug, 2023)	Currencies 30 (Jul, 2023)	Currencies N/A	Currencies N/A
Customers	Customers N/A	Customers 30 m (Aug, 2023)	Customers 3 k (Jun, 2020)	Customers N/A	Customers N/A
Funding
Latest funding round	Latest funding round N/A	Latest funding round $ 800m (almost 5 years ago)	Latest funding round $ 23.9m (almost 6 years ago)	Latest funding round N/A	Latest funding round N/A
Total funding raised	Total funding raised $ 181.8m	Total funding raised $ 1.7b	Total funding raised $ 51.9m	Total funding raised N/A	Total funding raised N/A