FXC Intelligence’s CEO Daniel Webber interviewed Mike Laven, CEO of Currencycloud, to understand more about the recent fundraise and the future strategy of the company
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Currencycloud was founded in 2012. The company built a unique B2B offer based on modular APIs that allow other businesses to integrate cross-border payments into their platforms.
Currencycloud raised $80m in January 2020, with Visa being one of the main investors and also integrating Currencycloud’s technology into their own services. The discussion covered:
- The concept of embedded finance
- How Currencycloud model is unique
- How the money from the recent fundraise will be used
- What is Currencycloud strategy for the future