A London fintech world leader in cross-border payments called CurrencyCloud recently raised $25 million from Google’s venture capital arm, Google Ventures. \u00a0CurrencyCloud is a five-year-old startup which raised this money in the Series D round, as Google joins other investors such as Notion Capital, Sapphire Ventures, Rakuten FinTech Fund, and Anthemis. \u00a0The start up has more than 200 customers in 35 countries, as they work with banks and payment providers to set up multi-currency payments and conversion tools for millions of end-users. \u00a0The way they make money is by taking a small portion of all payments made through their API. \u00a0Google Ventures has invested roughly $500 million to companies worldwide, but this is their first investment in the financial technology sector. \u00a0According to a report from the Financial Times, the general partners of Google Ventures have stated that a major interest for Google Ventures is that of fintech. \u00a0It will be interesting to see if there are any more fintech investments made soon.<\/p>\n
<\/p>\n
https:\/\/www.cryptocoinsnews.com\/google-ventures-conducts-first-fintech-investment\/<\/p>\n","protected":false},"excerpt":{"rendered":"
A London fintech world leader in cross-border payments called CurrencyCloud recently raised $25 million from Google’s venture capital arm, Google Ventures. \u00a0CurrencyCloud is a five-year-old startup which raised this money in the Series D round, as Google joins other investors such as Notion Capital, Sapphire Ventures, Rakuten FinTech Fund, and Anthemis. \u00a0The start up has … Continue reading Google Ventures Conduct First FinTech Investment<\/span><\/a><\/p>\n","protected":false},"author":1809,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1687","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":0,"qubely_featured_image_url":null,"qubely_author":{"display_name":"masonwoodsk","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/masonwoodsk\/"},"qubely_comment":0,"qubely_category":"Uncategorized<\/a>","qubely_excerpt":"A London fintech world leader in cross-border payments called CurrencyCloud recently raised $25 million from Google’s venture capital arm, Google Ventures. \u00a0CurrencyCloud is a five-year-old startup which raised this money in the Series D round, as Google joins other investors such as Notion Capital, Sapphire Ventures, Rakuten FinTech Fund, and Anthemis. \u00a0The start up has…","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/1809"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=1687"}],"version-history":[{"count":1,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1687\/revisions"}],"predecessor-version":[{"id":1693,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1687\/revisions\/1693"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=1687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=1687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=1687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}