Richard arundel - Currency Cloud
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Currency Cloud Powering Global Payments
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Transcript of Richard arundel - Currency Cloud
Currency Cloud
Powering Global Payments
Simplification Transparency
Analytics Reduced Friction
Financial Services Revolution
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Currency Cloud is part of a FinTech movement which is revolutionising the way financial services are delivered
Introducing Currency Cloud
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Single API connection to a complete international Payment Engine
¡ Outsourced business process for global payments
¡ Single integration to the global banking system
¡ Transparent pricing with wholesale FX and payments
API
Convert Manage Pay
Payment EngineA complete cross border payment solution so you can focus on your clients
Cash Manager
Your multi currency e-wallet
Payment Manager
Fast & reliable payments worldwide
Conversion Manager
Real-time wholesale rates
Account Manager
Compliance, reporting and reconciliation
API
TECHNOLOGYDeveloper FriendlyRESTful APIsScalableSecureCloud based
Why DO we do, What we do?
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Purpose
To re-imagine the way money flows through the global digital economy so that it creates a better tomorrow for all
Mission
To create the most trusted payments technology platform that can be easily integrated into the next generation of business payments companies
Vision
For our API to have positively touched the lives of millions and millions of people across the world
Because payments IS complicated…
“Smarterbankingforabetterworld”“Smart&simplemoneysolutions”“….openess&fairness”
Recongnise thesequotes?
Scale through automation
Improving our offering with Fidor Bank
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Develop new revenue streamsA global banking network
Great customer experience
A specific client requirement…
¡ “Pay in & Pay out, anywhere and anyway”
¡ Our client needed a SEPA Direct Debit product built in 3 months
¡ Ambitious projections – API had to be stable and scalable
¡ Above all, customer experience was key, both during the build & implementation & once the product was live
Building our Direct Debit API
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Focus on async processing
Client CurrencyCloud Fidorcreate mandatemandate = new
sanctions check(3rd party)
POST /sepa_mandates200 OK
mandate = accepted (webhook)
direct debit = accepted (webhook)
create direct debitdirect debit = new
POST /sepa_direct_debits200 OK
About Currency Cloud
¡ Global100 employees across London, New York and Lviv; worldwide payout network
¡ ScaleProcessing $1bn a month across 75,000 transactions
¡ LeadershipSeasoned leadership team from leading technology and financial services firms, and backed by Rakuten, Sapphire, Atlas, Anthemis, Notion and XAnge.
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Established in 2012, Currency Cloud is a high growth payments firm at the heart of the London FinTech community
¡ Global banks Client money held in segregated accounts with global banks such as Barclays and BMO
¡ RegulatedRegulated by the FCA as an e-money institution in Europe, by FinCEN in the US and FinTrack in Canada
¡ SecureHighly secure and stable cloud based systems
