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Forex Tech companies globally
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Companies in Forex Tech
There are 2,049 companies in Forex Tech which include Wise, Airwallex, Remessa Online, CurrencyFair, Plus500. 197 companies in Forex Tech are funded, with 79 having secured Series A funding. Till date, the sector has seen the creation of 2 Unicorns. United Kingdom has the most number of companies in Forex Tech (399), followed by United States
(313), and then Saint Vincent And The Grenadines (85).
On average, the last 10 years have seen 138 new companies launched every year. Most number of Forex Tech startups have been founded by alumni from Massachusetts Institute of Technology, Columbia University and Stanford University.
Here is a List of top companies in Forex Tech
1. Wise
Cross-border remittance solution for individuals and businesses. Allows users to send, receive, and make payments across borders through app-based platforms. Individuals can make payments through bank transfers globally. Businesses are allowed to accept fund transfers and make payments to international employees through multi-currency banking channels. The application can be accessed on iOS and Android devices.
Key facts about Wise
- Founded Year: 2011
- Location: Shoreditch (United Kingdom)
- Stage: Public
- Total Funding till date: $1.03B
- Investors: Valar Ventures, Lone Pine Capital and 116 Others
- Latest Funding Round: Venture Debt, May 19, 2021, $227M
- 秘密研究所 Score: 87/100听
- Competitors Rank: 1 of 867 Competitors
2. Airwallex
Cross-border payment processing solution for businesses. It provides tools to collect international payments, deposit funds, and make payments. It offers current FX rates and APIs to automate foreign exchange, collections, and payments. Also provides business payment cards for domestic and international payment needs.
Key facts about Airwallex
- Founded Year: 2015
- Location: Melbourne (Australia)
- Stage: Series F
- Total Funding till date: $1.1B
- Investors: , Lone Pine Capital and 32 Others
- Latest Funding Round: Series F, Mar 11, 2023, $200M
- 秘密研究所 Score: 79/100听
- Competitors Rank: 3 of 346 Competitors
Remessa Online is an platform for consumers and businesses to make international payments. The payments are made online by the consumers which are routed via banking partnerships. This is a service by BeeCambio.
Key facts about Remessa Online
- Founded Year: 2016
- Location: Sao Paulo (Brazil)
- Stage: Acquired
- Total Funding till date: $21.5M
- Investors: Kaszek, Bewater Ventures and 4 Others
- Latest Funding Round: Series B, Jun 16, 2020, $21.5M
- 秘密研究所 Score: 74/100听
- Competitors Rank: 3 of 935 Competitors
4. CurrencyFair
CurrencyFair is a cross-border money transfer platform. Users need to set up their account and deposit money by bank transfer. They enter the amount & currency they want to send and provide the recipient's details. Offers business account that can be used to pay overseas suppliers & foreign invoices and receive payments from international clients. The app is available for iOS and Android platforms.
Key facts about CurrencyFair
- Founded Year: 2010
- Location: Dublin (Ireland)
- Stage: Series B
- Total Funding till date: $23.1M
- Investors: Octopus Ventures, and 9 Others
- Latest Funding Round: Series B, Mar 23, 2016, $8.98M
- 秘密研究所 Score: 73/100听
- Competitors Rank: 4 of 935 Competitors
5. Plus500
Online platform for trading in CFDs, forex, cryptocurrencies, and indices. It enables users to buy, sell, and trade multiple assets through Plus500-based trading platforms. It features tools including an economic calendar, risk management, and analytical tools for assisting brokers. The application can be accessed on Android devices and over the web.
Key facts about Plus500
- Founded Year: 2008
- Location: London (United Kingdom)
- Stage: Public
- Investors: BlackRock, Viola FinTech and 1 Other
- 秘密研究所 Score: 72/100听
- Competitors Rank: 1 of 414 Competitors
