About Atlantic Money
Atlantic Money is a company based in London (United Kingdom) founded in 2021 by Neeraj Baid and Patrick Kavanagh was acquired by Deel in November 2024. Atlantic Money has raised $7.5 million across 2 funding rounds from investors including Deel, Kleiner Perkins and Ribbit Capital. Atlantic Money offers products and services including Money Transfer Service and Mobile App. Atlantic Money operates in a competitive market with competitors including Remitly, Euronet Worldwide, Azimo, Xoom and BookMyForex, among others.
- Headquarter London, United Kingdom
- Founders Neeraj Baid, Patrick Kavanagh
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Financial Services
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- Legal Name Atlantic Money Ltd
- Date of Incorporation 02 Dec, 2020
- Jurisdiction ALTRINCHAM, CHESHIRE, UNITED KINGDOM
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Products & Services of Atlantic Money
Atlantic Money offers a comprehensive portfolio of products and services, including Money Transfer Service and Mobile App.
Enables low-cost international transfers with live rates and flat fees
App for managing and initiating cross-border money transfers
People of Atlantic Money
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Funding Insights of Atlantic Money
Atlantic Money has successfully raised a total of $7.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Atlantic Money
Atlantic Money has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Deel, Kleiner Perkins and Ribbit Capital.
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African software startups are funded by Amplo venture capital firm.
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Venture capital investments in technology startups and entrepreneurs.
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Early-stage companies in fintech and multiple sectors are invested in.
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Investor details for Atlantic Money
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Investments & Acquisitions by Atlantic Money
Investment portfolio details for Atlantic Money
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Financial Statements - Atlantic Money
Detailed financials for Atlantic Money
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Atlantic Money Comparisons
Peer comparison for Atlantic Money
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Competitors of Atlantic Money
Atlantic Money operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Remitly, Euronet Worldwide, Azimo, Xoom and BookMyForex, among others.
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Cross-border money transfers are facilitated via banking networks.
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Electronic payments and transaction processing solutions are offered globally.
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Cross-border money transfers are enabled via a digital banking channel.
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Cross-border money transfers are enabled via banking channels.
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Online foreign exchange and remittance services are facilitated in India.
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International money transfer service provider.
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Detailed competitors of Atlantic Money
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Latest news on Atlantic Money
Complete news archive for Atlantic Money
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Frequently Asked Questions about Atlantic Money
Atlantic Money was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Atlantic Money is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Atlantic Money is a funded company, having raised a total of $7.5M across 2 funding rounds to date.
Founded in 2021 and based in London, United Kingdom, Atlantic Money operates as a fintech platform focused on cross-border remittances for individuals. Users are required to input personal details, currency amounts, and recipient information before funds are transferred to the platform and deposited directly into bank accounts. The service is accessible via Android and iOS applications, supporting global money transfers.
Atlantic Money's top competitors include Azimo, Euronet Worldwide and NALA.
Atlantic Money offers Money Transfer Service and Mobile App.
Atlantic Money has 14 investors. Key investors include Deel, Kleiner Perkins, Ribbit Capital, Amplo, and Nordstar.