Currencycloud review: products, technology, pricing (2026)

Currencycloud is a business-to-business platform that lets banks, fintechs and FX providers add multi-currency accounts, currency conversion and international payments to their own products through APIs. It was founded in London in 2012 and is now part of Visa, which markets the combined offer as Visa Cross-Border Solutions.

Its technology is built as four modules (collect, convert, manage and pay) behind one API set, so a customer can take in funds, hold balances, convert and pay out without building each step separately.

At a glance

How the platform works

Currencycloud sells infrastructure, not a consumer app. A bank, fintech or broker (the client) connects to the platform, opens accounts for its own end customers, and uses them to move money across borders. The company's developer portal groups the API into four modules:

• Collect: funding accounts, sender details and approval of incoming transactions.
• Convert: conversions, rates and held-rate quotes, so a client can lock a price for a period.
• Manage: authentication, accounts, balances, contacts, reference data, reporting and withdrawal accounts.
• Pay: beneficiaries, payments, payers and transfers.

Money comes in through named funding accounts. For Swift collections, the client shares account details (account name, number and Swift BIC) with the payer, and funds can be received in any unrestricted currency the platform supports and then converted. Currencycloud's support page notes that arrival times depend on the sending bank's cut-offs and the clearing system, and that intermediary banks on a Swift route may deduct fees before funds arrive. Local collections in some currencies avoid this.

Behind the scenes, Currencycloud says its platform is cloud-native and modular, with compliance support and security included. It also states that pairing FX and wallets with Visa card products or Visa Direct push-to-card payouts is part of the combined offer (company podcast page, 26 September 2023).

Products

Multi-currency wallets and accounts

Visa Cross-Border Solutions describes wallets that hold, pay and collect more than 30 currencies, and says funds can be sent to more than 180 countries and territories. These figures are undated on the landing page. An earlier product, Currencycloud Spark, was announced in January 2020 as multi-currency accounts supporting more than 35 currencies.

FX

Clients can convert at live rates or hold a quote. Currencycloud's 2023 podcast page describes FX with persistent and real-time rates as a core capability.

Payments and collections

Pay covers outbound international payments to beneficiaries; Collect covers inbound funds. Customer examples on the landing page include Starling Bank, which uses the platform to let small business customers pay, get paid and exchange in 18 currencies, and Standard Bank's Shyft app. These are the company's own descriptions.

Currencycloud Direct

Currencycloud Direct is the web interface for the same functions, used for tasks such as finding funding account details and viewing transaction information.

Developer experience and integrations

The developer portal offers a demo developer account, API reference by module, an "emulate inbound funds" endpoint for testing collections, push notifications (webhooks), and a deprecation policy and maintenance windows. SDKs and OpenAPI (Swagger) definitions are published on Currencycloud's GitHub. The portal uses a login endpoint and also lists an HMAC key endpoint for contacts. API versioning is not described on the portal home page. At the time of its January 2020 funding announcement, Currencycloud said the platform exposed 85 APIs across the four modules; that figure is more than six years old.

Payment methods, currencies and coverage

The pages we opened mention Swift collections and local collections in some currencies, but a full rail-by-currency table is not published there.

Pricing model

Currencycloud does not publish a price list on the pages we opened, so what the client pays Currencycloud is agreed commercially. Its sponsored model standards (a document for clients, undated) say clients under that model may charge their own customers only FX spreads and payment fees, and that fee structures need Currencycloud approval. Not published on the company website as of 3 November 2026: any tariff.

Recent launches

We could not open a dated Currencycloud newsroom list for the last 18 months. The most recent dated items we verified are the Visa announcement of 22 July 2021, the company's January 2020 funding round of USD 80 million (investors included Visa and BNP Paribas), and the 26 September 2023 podcast page on Visa Cross-Border Solutions. Anything newer is not covered here.

Regulation in brief

Currencycloud's sponsored model document says The Currency Cloud Limited is the UK regulated entity that contracts with sponsored clients, which offer four services to their customers: account issuance, collections, payments and FX. It also names Netherlands, US and Australian entities, and mentions the Financial Conduct Authority and De Nederlandsche Bank as regulators. The Australian entity is described there as not yet providing client services, and the document is undated. Check any entity on the relevant register, as explained in our guide to how to check a financial licence.

Who it tends to suit

Currencycloud is commonly used by banks, fintechs, brokers and payment firms that want to offer cross-border accounts and payments inside their own product, without holding the licences or building the rails themselves. Businesses that want a ready-made account for their own use may look at Airwallex or Wise; FX and payments specialists such as Ebury and Nium offer overlapping services. See also our cross-border payments hub.