CurrencyFair
Financials
Estimates*
| EUR | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Revenues | - | - | 9.0m | 9.2m | 8.7m | 10.1m |
| % growth | - | - | - | 2 % | (5 %) | 16 % |
| EBITDA | (3.3m) | (8.1m) | (<1m) | (4.6m) | (3.6m) | (6.9m) |
| % EBITDA margin | - | - | (9 %) | (51 %) | (41 %) | (68 %) |
| Profit | (3.3m) | (8.2m) | (<1m) | (6.0m) | (3.4m) | (7.3m) |
| % profit margin | - | - | (10 %) | (65 %) | (39 %) | (73 %) |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$2.5m | Early VC | ||
* | $10.6m | Series A | |
* | €8.0m | Series B | |
€8.0m | Series D | ||
| N/A | N/A | Debt | |
N/A | Late VC | ||
N/A | Late VC | ||
N/A | Merger | ||
€30.0m | Late VC | ||
* | N/A | $10.0m | Debt |
| Total Funding | €59.6m | ||
Recent News about CurrencyFair
EditCurrencyFair solves the pain experienced by anyone that needs to send money abroad. Expats, overseas home-owners, and SMEs typically pay large spreads (up to and even exceeding 5%) and high international transfer fees of around €25 on every payment.
CurrencyFair helps its customer access the real exchange rate, while charging a small transparent margin on each transaction. While this charge varies depending on which currencies are being exchanged, the average margin is around 0.53% of the overall trade. In addition there is a small fee of €3 when transferring money out of your account.
Crucially, our pricing is consistent. This means that you’ll get the same great offer whether it’s your first or fifty-first transaction. Our average margin is just 0.53%, so you can be sure you’re getting a competitive rate. In our market, by choosing quick trade, you are guaranteed the best rate available right now.
If you require a better rate, simply post your funds onto the market place with your required rate, looking for a match.
