About Currensea
Currensea is a company based in London (United Kingdom) founded in 2017 by James Lynn and Craig Goulding.. Currensea has raised $7.23 million across 3 funding rounds from investors including Blackfinch Ventures and 1818 Venture Capital. The company has 14 employees as of June 30, 2022. Currensea offers products and services including Currensea Card, Essential Plan, Pro Plan, and Elite Plan. Currensea operates in a competitive market with competitors including FairFX, DiPocket, WeSwap, Maslife and Transactive Solutions, among others.
- Headquarter London, United Kingdom
- Employees 14 as on 30 Jun, 2022
- Founders James Lynn, Craig Goulding
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Currensea Limited
- Date of Incorporation 13 Jun, 2018
- Jurisdiction BERKHAMSTED, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.23 M (USD)
in 3 rounds
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Latest Funding Round
$2.15 M (USD), Seed
Jul 02, 2024
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Investors
Blackfinch Ventures
& 1 more
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Employee Count
14
as on Jun 30, 2022
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Products & Services of Currensea
Currensea offers a comprehensive portfolio of products and services, including Currensea Card, Essential Plan, Pro Plan, and Elite Plan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Debit card for international spending with no FX fees.
Basic plan offering great rates and no bank fees abroad.
Advanced plan with better FX rates and exclusive perks.
High-end plan with unlimited spending and luxury upgrades.
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Funding Insights of Currensea
Currensea has successfully raised a total of $7.23M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.15 million completed in July 2024. 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 Total Funding
- Total Rounds 3
- Last Round Seed — $2.2M
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First Round
First Round
(28 Jun 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - Currensea | Valuation |
investors |
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| Sep, 2022 | Amount | Seed - Currensea | Valuation | Blackfinch Ventures , 1818 Venture Capital |
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| Jun, 2022 | Amount | Seed - Currensea | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Currensea
Currensea has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Blackfinch Ventures and 1818 Venture Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early and growth-stage digital companies are funded across multiple sectors.
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Founded Year | Domain | Location | |
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Blackfinch Ventures is focused on investing in innovative technology firms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Currensea
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Currensea
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Currensea Comparisons
Competitors of Currensea
Currensea 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 FairFX, DiPocket, WeSwap, Maslife and Transactive Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-currency travel cards are supplied to consumers and businesses.
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| domain | founded_year | HQ Location |
Digital wallet and prepaid card are offered for global payments.
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| domain | founded_year | HQ Location |
Multi-currency prepaid cards and mobile wallets are provided for travelers.
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| domain | founded_year | HQ Location |
Online platform for cross-border remittance and forex cards
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| domain | founded_year | HQ Location |
B2B payments in Europe and UK
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Currensea
Frequently Asked Questions about Currensea
When was Currensea founded?
Currensea was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Currensea located?
Currensea is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Currensea a funded company?
Currensea is a funded company, having raised a total of $7.23M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.46M, raised on Jun 28, 2022.
How many employees does Currensea have?
As of Jun 30, 2022, the latest employee count at Currensea is 14.
What does Currensea do?
Currensea was founded in 2017 in London, United Kingdom, as a fintech provider in the payments sector. Multi-currency debit cards are offered, allowing connections to users bank accounts for seamless transactions. Exchange rates are based on Mastercard and interbank standards. Direct debit options are available on the travel card to facilitate international spending and transfers. Operations focus on simplifying cross-border payments for consumers.
Who are the top competitors of Currensea?
Currensea's top competitors include DiPocket, WeSwap and Multi-currency Cash Passport.
What products or services does Currensea offer?
Currensea offers Currensea Card, Essential Plan, Pro Plan, and Elite Plan.
Who are Currensea's investors?
Currensea has 2 investors. Key investors include Blackfinch Ventures, and 1818 Venture Capital.
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