Tech Company Financing Transactions
Currensea Funding Round
Currensea closed a $2.7 million financing round on 10/7/2022. Investors included 1818 Ventures and Blackfinch Ventures.
Transaction Overview
Company Name
Announced On
10/7/2022
Transaction Type
Venture Equity
Amount
$2,700,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach, and to advance its 'powered by' offering which allows charities and businesses to offer branded cards enabling users to not only save money when spending abroad but also round up UK spending to donate to good causes.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
London, W6 7AP
UK
London, W6 7AP
UK
Phone
Website
Email Address
Not Recorded
Overview
To make currency payments accessible, simple, and reduce the fees and charges from the high-street banks for everyone, through the use of our unique technology. The inspiration behind Currensea came in 2017 when two ex-investment bankers sat down after coming back from family summer holidays, both having been burned by charges on their international payments.
Management Team
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. All VC database entries on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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