Currencycloud selected as part of Tech Nation’s Future Fifty 2019 cohort

  • Payments
  • 27.03.2019 10:13 am

Currencycloud has been recognized as one of the UK’s most successful digital companies as it joins Tech Nation’s Future Fifty 2019 cohort.

Future Fifty is a prestigious programme that enables the UK’s most successful late-stage tech companies to come together, build a powerful and supportive network, and problem-solve with peers. Previous alumni of Future Fifty have included household names such as Deliveroo, HailO and SkyScanner, as well as big hitters in the fintech and payments industry, such as Transferwise, Azimo and Paddle.

Twenty-four new companies have been selected this year to join the programme, and Currencycloud was chosen out of more than 80 applicants because of its unique potential to become the next UK powerhouse in the global tech scene.

Since 2012, Currencycloud has focused on transforming the global payments landscape, by removing the friction and inefficiencies of traditional cross-border payments. Its flexible APIs and platform model have enabled it to process over $30bn to over 180 countries since its founding. Currencycloud now has offices in London, New York, Lviv, and Amsterdam and works with banks and fintechs globally including Starling Bank, Standard Bank South Africa, Hyundai Card, HackerOne and Travelex.

Mike Laven, CEO at Currencycloud, said: "Our cross-border payments solution is leading the digital transformation of the finance industry both for traditional banks going digital and the new category of digitally native finance. Over the past few years we've experienced exponential growth, and as we continue to develop and grow our business, we're proud to be recognized as an integral part of the UK's future."

In the past year Currencycloud has bolstered its operations with new services aimed at making cross-border payments even easier for its clients. This includes investment into its network, enabling SWIFT payments to be processed four times faster, as well as the launch of Global Collections, a multi-currency accounts receivable product which removes the exorbitant fees and long reconciliation times that are common challenges for companies doing business globally.

Currencycloud has also recently been named in Tech Track 100’s high growth companies and as one of LinkedIn’s Top 25 Startups.

This year’s cohort also includes:

  • Fintech: Aire (London); Blockchain (London); Currencycloud (London); MarketInvoice (London); Monzo Bank (London); Nested (London); Quantexa (London); Starling Bank (London); Revolut (London); Salary Finance (London)
  • Data Analytics: Behavox (London)
  • Ecommerce and Marketplaces: Bizuma (London)
  • Hardware Devices and Internet of Things: Bulb Energy (London); M Squared Lasers (Glasgow); Reach Robotics (Bristol)
  • Digital Entertainment: Culture Trip (London); Mediatonic (London)
  • Software as a Service: ENSEK (Nottingham); Kimble Applications (London)
  • Cyber Security: Garrison Technology (London).
  • Biotech and Healthcare: Ieso Digital Health (Cambridge).
  • Adtech and Marketing: GlobalWebIndex (London).
  • Enterprise Software: Perkbox (London); StarLeaf (Watford).

Related News