02 July 2024

Currensea Exceeds Crowdfunding Target in Just Hours

Written By FinTech Alliance in FinTech

Currensea Exceeds Crowdfunding Target in Just Hours

Currensea, a UK-based fintech offering a money-saving travel card, successfully surpassed its crowdfunding target on Seeders in under two hours, raising over £1.35 million, which is 135% of its initial goal. 

The travel card, which links to existing current accounts to save users on foreign exchange fees, has seen rapid growth, with a significant number of investors being existing users of the card. This latest funding will support senior hiring and drive customer acquisition, with a target of 300,000 users in the next two years. The initiative reflects the growing demand for cost-effective travel solutions amid rising travel activity and living costs.

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