CurrencyFair

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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. 
TypePrivate
Founded2009
HQBallsbridge, IE
Websitecurrencyfair.com
Employee Ratings3.2

Latest Updates

Employees (est.) (May 2020)95(+3%)

Key People/Management at CurrencyFair

Paul Byrne

Paul Byrne

CEO
Andrea Linehan

Andrea Linehan

Chief Marketing Officer
Ruth Fletcher

Ruth Fletcher

CFO / COO
Sean Barrett

Sean Barrett

Co-Founder & Director
Brian Bennett

Brian Bennett

Vice President Sales
Eoin Greene

Eoin Greene

Chief Technical Officer
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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

Founding Date

2009

CurrencyFair total Funding

$24.4 m

CurrencyFair latest funding size

$8.98 m

Time since last funding

4 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

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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...

CurrencyFair Blogs

Prime your business for after COVID-19

The arrival of COVID-19 radically changed the global business landscape overnight. While some SMEs… The post Prime your business for after COVID-19 appeared first on CurrencyFair.

Easter Opening Hours

Many of our customers will be using CurrencyFair to send money abroad this Easter.… The post Easter Opening Hours appeared first on CurrencyFair.

What you should know about sending money internationally during COVID-19

Against the backdrop of this global pandemic, it has never been more important for… The post What you should know about sending money internationally during COVID-19 appeared first on CurrencyFair.

Take Control with Multi-User Access

Multi-user access has arrived! Our exciting new feature allows you to delegate access to… The post Take Control with Multi-User Access appeared first on CurrencyFair.

COVID-19 Update | Standing with our customers during turbulent times

As the COVID-19 pandemic takes hold, CurrencyFair is offering a rebate of 15% to… The post COVID-19 Update | Standing with our customers during turbulent times appeared first on CurrencyFair.

How we’re supporting Irish businesses during COVID-19 uncertainty

As concerns over COVID-19 continue to grow, businesses are watching news headlines to understand… The post How we’re supporting Irish businesses during COVID-19 uncertainty appeared first on CurrencyFair.
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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 95 employees.

  • Who are CurrencyFair competitors?

    Competitors of CurrencyFair include TransferWise, Currencycloud and Xoom.

  • Where is CurrencyFair headquarters?

    CurrencyFair headquarters is located at Colm House Pembroke Rd, Ballsbridge.

  • Where are CurrencyFair offices?

    CurrencyFair has offices in Ballsbridge, Newcastle and Surrey.

  • How many offices does CurrencyFair have?

    CurrencyFair has 3 offices.