Tuesday , 23 April 2019
Breaking News
Ireland’s CurrencyFair raises $10.6M to expand peer-to-peer currency exchange

Ireland’s CurrencyFair raises $10.6M to expand peer-to-peer currency exchange

ss-digital-currency

ss-digital-currency

Image Credit: http://www.shutterstock.com/pic-69071323/stock-photo-financial-issues-concept-of-money-and-law.html

Want to master the CMO role? Join us for GrowthBeat Summit on June 1-2 in Boston, where we’ll discuss how to merge creativity with technology to drive growth. Space is limited and we’re limiting attendance to CMOs and top marketing execs. Request your personal invitation here!


In the latest sign that Europe’s financial tech scene is heating up, Ireland’s CurrencyFair has raised $10.6 million in a round led by the U.K.’s Octopus Investments.

“The money transfer sector has seen a lot of attention recently, with customers beginning to realize the high fees charged by banks when sending money internationally,” said CurrencyFair chief executive Brett Meyers in a press release.

Since launching, CurrencyFair has enabled more than $1 billion in foreign currency exchanges. The Dublin-based company is also part of a growing hub of financial tech companies in Ireland.

The company plans to use the latest funding to expand its platform to work with more currencies. In addition to Octopus, Frontline Ventures also participated in the latest round.


VentureBeat’s VB Insight team is studying email marketing tools. Chime in here, and we’ll share the results.

Article Source

Share and Enjoy

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Email
Print