Currencycloud cashes $25m in series D funding

Mar 10, 2017 • Thierry Heles

GV has led a series D round for payments platform Currencycloud, which has also secured repeat investment from Rakuten and Sapphire Ventures.

UK-based online payment technology developer Currencycloud raised $25m in series D funding on Thursday from backers including GV, the corporate venturing arm of conglomerate Alphabet.

Rakuten FinTech Fund, an investment vehicle for e-commerce company Rakuten, also participated, as did Sapphire Ventures, the venture capital firm spun out of software developer SAP, VC firm Notion Capital, and investment and advisory firm Anthemis.

Founded in 2012, Currencycloud has developed cross-border money transfer technology dubbed Payment Engine that enables third-party companies to build…

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