Currencyfair
“Can a regulated P2P currency exchange platform become the go-to international payment and FX solution for SMBs and high-value individuals by combining low-cost FX rates with accounting and open-banking integrations?”
Founded in 2009 as a peer-to-peer currency exchange marketplace, CurrencyFair differentiated itself by matching users' currency needs rather than moving money across borders, reducing conversion costs. Over time it evolved from a pure consumer P2P exchange into a business-focused international payments platform covering 150+ countries and 20+ currencies. In 2022 it added UK Open Banking for faster deposits and launched a Xero integration to capture SMB accounting workflows. The company operates as a regulated Payment Institution under the Central Bank of Ireland and partners with Moorwand Ltd for UK e-money services.