CurrencyFair
OverviewSuggest Edit
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.
| Type | Private | |
| Founded | 2009 | |
| HQ | Dublin, IE | Map |
| Website | currencyfair.com | |
| Employee Ratings | More |
Latest Updates
| Employees (est.) (Mar 2021) | 93 | (-6%) |
| Cybersecurity rating | A | More |
Key People/Management at CurrencyFair
Paul Byrne
CEO
Andrea Linehan
Chief Marketing Officer
Ruth Fletcher
CFO / COO
Brian Bennett
Vice President Sales
Phil O'Malley
Exec VP of Engineering
CurrencyFair Office Locations
CurrencyFair has offices in Dublin, Newcastle and Surrey
Dublin, IE (HQ)
Colm House, 91 Pembroke Rd, Ballsbridge
Newcastle, AU
19 Honeysuckle Dr
Surrey, GB
Robert Denholm House Bletchingley Road, Nutfield
CurrencyFair Financials and Metrics
Summary Metrics
Founding Date | 2009 |
CurrencyFair total Funding | $24.4 m |
CurrencyFair latest funding size | $8.98 m |
Time since last funding | 5 years ago |
CurrencyFair investors | Enterprise Ireland, Octopus Investments, Frontline Ventures, Proxy Ventures, Octopus Ventures |
CurrencyFair's latest funding round in March 2016 was reported to be $9 m. In total, CurrencyFair has raised $24.4 m
Human Capital Metrics
CurrencyFair Cybersecurity Score
CurrencyFair Online and Social Media Presence
5.1k Twitter followers
CurrencyFair has 5.1k Twitter Followers. The number of followers has increased 0.1% quarter over quarter
CurrencyFair's Trends
Twitter Engagement Stats for @currencyfair
10.6k
Tweets
1.3k
Following
5.1k
Followers
10
Tweets last 30 days
0.3
Avg. likes per Tweet
30%
Tweets with engagement
CurrencyFair News and Updates
August 08, 2018
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...
CurrencyFair Blogs
April 07, 2021
CurrencyFair merges with Australia-based Assembly Payments
Standard Chartered Ventures invests in combined company which will give customers the building blocks to easily access, build, connect, and use any payment service.
March 31, 2021
7 ways to improve payments and grow your online marketplace
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March 23, 2021
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CurrencyFair Frequently Asked Questions
When was CurrencyFair founded?
CurrencyFair was founded in 2009.
Who are CurrencyFair key executives?
CurrencyFair's key executives are Paul Byrne, Andrea Linehan and Ruth Fletcher.
How many employees does CurrencyFair have?
CurrencyFair has 92 employees.
Who are CurrencyFair competitors?
Competitors of CurrencyFair include TransferWise, Money Mart Financial Services and Social Bank.
Where is CurrencyFair headquarters?
CurrencyFair headquarters is located at Colm House, 91 Pembroke Rd, Ballsbridge, Dublin.
Where are CurrencyFair offices?
CurrencyFair has offices in Dublin, Newcastle and Surrey.
How many offices does CurrencyFair have?
CurrencyFair has 4 offices.
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