CurrencyFair allows individuals and businesses to exchange currencies and send funds to bank accounts worldwide. It uses a unique person-to-person online marketplace to facilitate currency exchange between users, in a simple and anonymous fashion. CurrencyFair's customers can exchange currency using a three step process. Firstly, funds in the currency to be sold are sent by the customer to the corresponding CurrencyFair bank account. When received by CurrencyFair, they are credited to the users individual CurrencyFair account and made available for exchanging. Secondly, available funds in a users account can at any time be exchanged by the user into another currency using the corresponding marketplace (for example GBP to EUR). Finally, funds received from marketplace exchanges are available to be sent out to a bank account as instructed online by the customer. 
Each currency exchange marketplace gives the customer a choice: exchange immediately at the best rate available or place an order at a better exchange rate and wait to be matched off by another customer exchanging on the opposite market. Funds that are placed unmatched on the marketplace are aggregated by rate, and may be matched in part or in full at any time. All exchanges are anonymous - the customer only deals with CurrencyFair. 
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Type
Private
HQ
Ballsbridge, IE
Size (employees)
69 (est)+2%
CurrencyFair is headquartered in Ballsbridge, IE
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Key People/Management at CurrencyFair

Paul Byrne

Paul Byrne

CEO
William McQuillan

William McQuillan

Investor
Brett Meyers

Brett Meyers

Co-Founder & CSO
Sean Barrett

Sean Barrett

Co-Founder & Director
Ruth Fletcher

Ruth Fletcher

COO & CFO
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CurrencyFair Office Locations

CurrencyFair has offices in Ballsbridge, Newcastle and Surrey
Ballsbridge, IE (HQ)
Colm House Pembroke Rd
Newcastle, AU
19 Honeysuckle Dr
Surrey, GB
Robert Denholm House Bletchingley Road, Nutfield
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CurrencyFair Financials and Metrics

Summary Metrics

CurrencyFair total Funding

$24.4 m

CurrencyFair latest funding size

$8.98 m

Time since last funding

2 years ago

CurrencyFair investors

CurrencyFair's latest funding round in March 2016 was reported to be $9 m. In total, CurrencyFair has raised $24.4 m
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Human Capital Metrics

CurrencyFair's employees are reported to be approximately 14% female and 86% male.
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CurrencyFair Online and Social Media Presence

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CurrencyFair News and Updates

CurrencyFair makes Asian acquisition as part of EUR20 million growth plan

Dublin-based money transfer outfit CurrencyFair is to expand into the Asian markets through the acqu...
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CurrencyFair Company Life and Culture

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