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Status: Expired

Nov 4th 2019 - Dec 9th 2019

Currensea is a new way to spend and save money abroad. In July 2018, the concept was accepted into the FCA innovate program. In November 2018, it partnered with Mastercard to build a market-changing Open Banking based Debit card. Currensea makes money through Forex, Interchange and plans to open revenue streams through products complementary to Currensea. They plan to devide the investment 27% of the proceeds will be used for marketing, 20% for Card Platform, 18% for Compliance and Operations, 18% for Engineering, 12% for Infrastructure, and 5% for Professional Services.

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Currensea Rating Review

Rated on 01/12/2019

Pitch Rated

45%

Insufficient Data

Management

73%

Product

62%

Investment

UNRATED*

* Section unrated owing to insufficient or incomplete information available at the time of rating.

Pitch rating powered by CROWDRATING

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating
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Management 73%

Skills 73%
The CEO has deep domain knowledge and has been working in the payments business for more than 20 years. The team appears complete and members are highly skilled, qualified and endorsed in their roles.

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Funding progress



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Pitch Rated

74%

Overall

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CROWD RATING™

pledged: 272% days to go: 2 investment: £1,906,470
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pledged: 136% days to go: 5 investment: £683,800

  • £928,515
    pledged
  • 116%
    of goal

    £800,006
    target

    £9,998,998
    pre-money valuation

    7.40%
    equity available

    468
    investors

    £1,984
    pledge per investor

    11413946
    company number

    Active
    company status

    13/06/2018
    incorporated 2 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Funding rounds
    04 Nov 19 Seedrs £928,515 / 116% 45.00%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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