Fintech
Currensea Surpasses Crowdfunding Goal in Hours
July 02, 2024
Written by FinTech Alliance
Currensea, a UK-based fintech offering a money-saving travel card, has successfully surpassed its crowdfunding goal on Seeders in less than two hours, raising over £1.35 million, or 135% of its initial target.
The travel card, which links to existing bank accounts to save users currency exchange fees, has seen rapid growth, with a significant number of investors being existing card users. This latest funding will support the hiring of senior staff and drive customer acquisition, with a target of 300,000 users over the next two years. The move reflects growing demand for convenient travel solutions amid rising travel activity and the cost of living.