Cross-Border Payments Firm Currenxie Pulls in US$10 Million From Series A Fundraiseby Fintech News Hong Kong August 12, 2021
Currenxie, a Hong Kong-headquartered cross-border payments company, announced that it has successfully closed a US$10 million Series A funding round led by family office BF Belmont.
Predominantly self-funded by Goldman Sachs alumni and co-founders, Riccardo and Alison Capelvenere, the latest capital injection will allow Currenxie to focus on building new products, acquiring new licenses and authorisations, expanding into new markets as well as accelerating recruitment.
Currenxie will also be welcoming Gordon Kwong, a former Partner of a big four international accounting firm, to its board, as the official investor representative.
Riccardo Capelvenere, Founder and CEO of Currenxie said,
“From the start, we have focused on building a platform that will give our clients access to a truly borderless economy. Thanks to BF Belmont, we’re now able to accelerate our global growth and expansion plans – creating more value that will be transferable to our clients. The demand for seamless cross-border solutions will only increase, and our high calibre team is ready for this opportunity.”