February 25, 2020

Currencycloud and Currensea partner to add greater value to spending money abroad

Partnership will see Currensea benefit from Currencycloud’s market-leading FX rates

Currensea, the UK’s first travel money card linked directly to your bank account, and Currencycloud, the leader in providing embedded B2B cross-border payments for platforms of the future, have partnered to bring ease and value to using your own bank card when spending abroad.

Currensea is the new way to spend when you travel abroad. It lets customers spend from their own bank account, just with a different card. No more hassle of juggling currencies with prepaid cards or different accounts, whilst automatically saving 85% on bank charges anywhere in the world. Partnering with Currencycloud ensures that Currensea card holders will get the best FX rates whilst still using their regular bank accounts on their travels.

“By using Currensea, consumers need never worry again about the hassle and cost associated with spending abroad”, said Craig Goulding, Co-founder at Currensea. “Our partnership with Currencycloud helps us to deliver both great FX pricing and reliable and quick service.”

“The combination of Currencycloud’s great FX offer and Currensea’s novel solution to the problem of bank charges associated with using your bank card abroad, is a perfect partnership”, said Nick Cheetham, Chief Revenue Officer at Currencycloud. “We look forward to working with the Currensea team to introduce more customer benefits as they grow.”

The Currensea bank card is available now. To apply visit: www.currensea.com

ENDS

PR Contacts:
Currencycloud: Matt Rowntree, matt.rowntree@currencycloud.com
Currensea: Larissa Walker, larissa@currensea.com

About Currencycloud
Currencycloud’s technology is unlocking the global economy for payment platforms of the future. Today, Currencycloud has 85 different APIs across four modules – collect, convert, manage and pay – that cover the entire workflow in B2B cross-border payments. The as-a-service platform is proprietary and is fully cloud-based. Launched in 2012, Currencycloud is based in London and is regulated in Europe, the U.S. and Canada, and has processed more than $50 billion to over 180 countries. Currencycloud works with banks and Fintechs globally including Starling Bank, Standard Bank South Africa and Brookline Bank, as well as partnering with Visa to deliver innovation in travel payments.

For more information about Currencycloud, visit https://www.currencycloud.com.

About Currensea:
A travel money card linked directly to your high street bank account that eliminates international transaction fees and provides competitive exchange rates.

Currensea was founded by James Lynn and Craig Goulding. James spent two decades in foreign exchange of the world’s largest banks, such as Barclays and Credit Agricole. He is also an entrepreneur who set up two successful payments businesses. His deep understanding of foreign exchange and payments is now saving travellers money on charges and rates.

Craig built technology for some of the world’s largest banks. Most recently, he was the Chief Engineer of Open Banking across Lloyds, Halifax and Bank of Scotland. He also has a double first in Physics from Oxford University and was a scientist and a physics teacher in the past. Craig is the mastermind behind the technology that made Currensea possible.

 

 

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