About Bound
Bound is a company based in London (United Kingdom) founded in 2021 by Seth M Phillips and Daniel Kindler. It operates as a FinTech and Pay-per-Use / Usage-Based. Bound has raised $41 million across 3 funding rounds from investors including Valar Ventures, Moonfire and Album VC. Bound offers products and services including Currency Hedging Tool and FX Automation. Bound operates in a competitive market with competitors including Saxo Bank, Webull, IG, CMC Markets and XTB Online Trading, among others.
- Total Equity Funding$41M (USD)
in 3 rounds
- Latest Funding Round$24.5M (USD), Series A
Feb 2026
- InvestorsValar Ventures
& 4 more
Products & Services of Bound
Bound offers a comprehensive portfolio of products and services, including Currency Hedging Tool and FX Automation.
Currency hedging is provided to manage exchange risks.
FX transfers are automated for operational efficiency gains.
Apps and channels of Bound
its YouTube channel Bound has 25 subscribers and 26 videos.
Videos from Bound
The most watched videos on Bound's YouTube channel, Bound (25 subscribers). Click a video to play it here.
More on Bound.
Funding Insights of Bound
Bound has successfully raised a total of $41M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $24.5 million completed in February 2026. 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.
- Total Funding $41M
- Total Rounds 3
- Last Round Series A — $24.5M
- First Round $6.5M
(Nov 2021)
- Investors Count 5
All 3 funding rounds of Bound with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2026 | $24.5M | Series A | – | AlbionVC | |
| Jun 2022 | $10M | Series A | – | – | – |
| Nov 2021 | $6.5M | Seed | – | Valar Ventures, Moonfire | – |
5 investors in total: 5 institutional.
Investors in Bound
Bound has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Valar Ventures, Moonfire and Album VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global investments in tech sectors are conducted by Valar Ventures. | – | valar.com | New York, United States | |
Moonfire is engaged in venture capital for early-stage startups. | – | moonfire.com | London, United Kingdom | |
Investments are directed toward early-stage tech startups by Album VC. | – | album.vc | Lehi, United States | |
- | – | albion.vc | - | |
- | – | gohub.vc | - |
Investor details for Bound
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Bound
20 people are tracked at Bound (8 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Seth M Phillips | Co-Founder | Leadership |
Daniel Kindler | Co-Founder | Leadership |
Paul Andrews | Head Of Managed Services | Leadership |
Demetrios Maurides | Head of Compliance & Ops | Leadership |
Seth Phillips | CEO | Leadership |
Dan Kindler | Head of Technology | Leadership |
Gareth Rampton | Chief Technology Officer | Leadership |
Emily Wright | Head Of HR & Training | Leadership |
Nikolay Vasilev | Engineering Manager | Team |
Robert Nunn | Senior Software Engineer | Team |
Eduard Puig | Senior Frontend Engineer | Team |
Vicky Joyce | HP End User Development Executive | Team |
Reena Chavez Gamboa | Technical Support Specialist | Team |
Luke Eyden | Sales | Team |
Sergio Martin | Software Engineer | Team |
Vaidotas Valuckas | Senior Software Engineer | Team |
Amanda Johnson | Project Manager - GDPR Compliance | Team |
Ben Hauptmann | Account Executive | Team |
Shane Motyl | Web Developer | Team |
Robert Hamilton | Data Operations Manager | Team |
Complete people profiles for Bound
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Bound
3 dated milestones of Bound across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Bound is founded.
- Funding First funding round of $6.5M.
- Funding Latest funding round, Series A, of $24.5M.
Competitors of Bound
Bound 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 Saxo Bank, Webull, IG, CMC Markets and XTB Online Trading, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| home.saxo | 1992 | Copenhagen, Denmark | $548.49M | 734 | Online platform for trading in forex, options, and CFDs | |
| webull.com | 2017 | New York, United States | $194.27M | – | Broker-based online trading platform | |
| ig.com | 1974 | London, United Kingdom | – | 2,117 | IG is recognized as a leading CFD trading provider globally. | |
| cmcmarkets.com | 1989 | London, United Kingdom | – | 982 | Online trading in forex, indices, commodities, and CFDs is enabled. | |
| xtb.com | 2002 | Warsaw, Poland | – | – | Forex broking services are provided online by XTB. | |
| fxcm.com | 1999 | New York, United States | – | – | Forex and CFD trading is enabled via an online platform. | |
| flowtraders.com | 2004 | Amsterdam, Netherlands | – | – | Online platform for trading in forex, digital assets, and commodities | |
| activtrades.com | 2001 | London, United Kingdom | – | 243 | Operates as a forex broker offering trading services to clients. | |
| equiti.com | 2016 | London, United Kingdom | – | 55 | Online trading in forex, commodities, indices, and shares is facilitated. |
Detailed competitors of Bound
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Bound
The website of Bound (bound.co) receives about 19.9K visits a month.
- Monthly visits19.9K
▲ 35.7% vs previous month
Websites whose visitors overlap most with Bound. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
careers.cfainstitute.org | careers.cfainstitute.org | 100% | – | #181,484 | – |
puprime.com | puprime.com | 100% | – | #37,495 | – |
| volopay.com | 66% | 120.7K | #338,119 | View details | |
| transfergo.com | 60% | 512.4K | #84,752 | View details | |
| wallstreetmojo.com | 60% | 328.2K | #171,776 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Bound
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Bound
Complete news archive for Bound
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Bound
10 companies that operate in the same segment as Bound (Forex Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border remittances are enabled for individuals and businesses via apps. | 2011 | London, United Kingdom | USD 1.03 B | USD 2.71 B | – | |
Cross-border payments are processed for businesses via tools and APIs. | 2015 | Singapore, Singapore | USD 1.9 B | – | 1 | |
Cross-border payroll solutions are provided for global migrant workers. | 2021 | Berlin, Berlin, Germany | USD 38.93 M | – | – | |
Online platform for trading in forex, options, and CFDs | 1992 | Copenhagen, Denmark | USD 548.49 M | – | 1 | |
International payments are enabled online for consumers and businesses. | 2016 | Sao Paulo, Brazil | USD 21.53 M | – | – | |
Online foreign exchange and remittance services are facilitated in India. | 2011 | Gurugram, Haryana, India | USD 5.59 M | USD 1.17 M | 146 | |
An online platform is utilized for trading forex and CFDs. | 1995 | San Francisco, California, United States | USD 117.05 M | USD 317.42 | – | |
Online cross-border remittance platform for individuals | 2019 | San Francisco, California, United States | USD 60 M | – | – | |
Trading in CFDs, forex, cryptocurrencies, and indices is enabled online. | 2008 | London, England, United Kingdom | – | USD 809.63 M | 633 | |
NFC-enabled travel cards and wallets are provided for travelers. | 2018 | Singapore, Singapore | USD 105.5 M | – | – |
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Frequently Asked Questions about Bound
Bound was founded in 2021.
Bound is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Bound is a funded company, having raised a total of $41M across 3 funding rounds to date. The company's 1st funding round was a Seed of $6.5M, raised on Nov 2021.
Bound is engaged in offering currency hedging technology to businesses, particularly those with international operations. Solutions are provided to manage foreign exchange risks through automation and strategic tools. The company operates in the financial technology sector, addressing needs like balance sheet hedging, foreign revenue management, and expense handling. Services are designed to stabilize cash flows and protect profits from currency fluctuations.
Bound offers Currency Hedging Tool and FX Automation.
Bound has 5 investors. Key investors include Valar Ventures, Moonfire, Album VC, AlbionVC, and GoHub.
Bound operates through Bound Rates Limited.