Cambridge Currencies

What Cambridge Currencies does

Cambridge Currencies is a UK specialist currency broker handling international money transfers in 50+ currencies to 190+ countries, founded in 2023 and headquartered in Cambridge with a registered office in London. The firm does not hold its own e-money licence; instead it operates exclusively through FCA-authorised payment partners — Currencycloud (FRN 900199), ScioPay (FRN 927951), Equals Connect (FRN 671508), Currencycloud B.V. (DNB R142701) and Visa Global Services (US NMLS 181032) — with client funds safeguarded at tier-one credit institutions. All trades are executed over the phone by named, dedicated specialists rather than through an app, API, or self-service portal.

The product set comprises spot transfers, forward contracts (lock-in up to 12 months), limit orders, stop-loss orders, rate alerts, and a live currency converter, supported by structured content (weekly outlooks, 2026 forecasts) for SEO-driven inbound. Core customer segments are UK individuals (overseas property purchases, emigration, repatriation, pensions, school fees) and UK SMEs (supplier payments, multi-currency payroll, FX risk management), with additional flow sourced from property buyers, estate agents, accountants, and financial advisors.

Revenue is generated almost entirely from the FX margin applied to the mid-market exchange rate, with no transfer fees on amounts above £5,000. Margin is disclosed upfront per trade and is positioned as tighter than typical high-street bank margins of 2–4%. Average transfer size reportedly ranges from £5,000 to £5M+, with no fixed ceiling. The go-to-market is sales-led via phone and online quote forms, supplemented by a tiered referral / introducer programme paying £50–£1,000 per completed referral depending on transfer size, and partner co-branded landing pages.

Name

Cambridge Currencies

Legal name

Cambridge Currencies Ltd

Website

https://cambridgecurrencies.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Cambridge Currencies is a UK specialist currency broker founded in 2023 that handles international money transfers in 50+ currencies to 190+ countries through FCA-authorised payment partners, serving UK individuals and SMEs with £5,000–£5M+ transfers executed by phone by dedicated specialists.

Ownership category

akta.pro rank

Product category

Foreign Exchange Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Cross-Border Payments & FX (multi-currency wallets, DCC, remittance) (THALAHAE)

Keywords

• International money transfers
• Currency exchange services
• Foreign exchange broker
• Business FX payments
• Overseas property transfers

Headquarters

HQ city

Cambridge

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. FX Margin / Exchange Rate Spread: Cambridge Currencies earns revenue from the margin (spread) applied to the mid-market exchange rate. The margin is disclosed upfront before each trade and is typically tighter than high-street bank margins of 2-4%. No transfer fees are charged on transfers over £5,000. The primary revenue driver is the spread on currency conversion, with larger transfers qualifying for tighter margins.
2. Forward Contract Fee: Forward contracts allow clients to fix today's exchange rate for a transfer up to 12 months ahead at no additional cost beyond the embedded margin. Revenue is generated through the spread on the contracted rate.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Cambridge Currencies is a UK specialist currency broker handling international money transfers in 50+ currencies to 190+ countries. Founded in 2023, the firm works exclusively through FCA-authorised payment partners (Currencycloud, ScioPay, Equals Connect, Visa Global Services), with every trade executed by phone by a dedicated specialist rather than through an online platform. The offering spans personal transfers (property purchases, emigration, pensions, school fees), regular scheduled transfers, and business FX (supplier payments, payroll, multi-currency invoices), supported by spot contracts, forward contracts, limit orders and stop-loss orders.

Product overview

Cambridge Currencies is a UK specialist currency broker founded in 2023, offering international money transfer services through a phone-based service model with dedicated specialists. The company operates exclusively through FCA-authorised payment partners (Currencycloud, ScioPay, Equals Connect, and Visa Global Services) to process transfers to 190+ countries in 50+ currencies. The core product portfolio centres on personal and business international transfers, with specialised services for property buyers (using forward contracts between exchange and completion), business payments, and regular transfers (pensions, salaries, school fees). Supporting tools include spot contracts, forward contracts (rate fixing up to 12 months), limit orders, stop-loss orders, a live currency converter, and rate alerts. All transactions are completed by phone with a named specialist rather than through an online platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Send Money to the UK International money transfer service enabling customers to send funds to the UK from over 190 countries in 50+ currencies, handled by dedicated currency specialists via phone. Designed for individuals and businesses moving money into the UK.

Quantifiable outcome

• High-street banks typically apply 2-4% exchange rate margin plus £10-£40 per transfer; Cambridge Currencies offers tighter margins and no transfer fees on £5,000+ transfers, resulting in potential savings of 2-4% per transaction on large transfers.
• +1 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Currencycloud (The Currency Cloud Limited)coreTechnology or IntegrationPrimary payment and e-money partner. Currencycloud is authorised by the FCA (FRN 900199) under the Electronic Money Regulations 2011 and by DNB in the Netherlands. It provides the regulated payment infrastructure for Cambridge Currencies' international transfers globally, including for UK and EEA clients. All client funds are safeguarded through Currencycloud at tier-one credit institutions.
• ScioPay LtdcoreTechnology or IntegrationAuthorised Payment Institution regulated by the FCA (FRN 927951) and HMRC as a Money Service Business (MSB). Provides payment services and e-money issuance for Cambridge Currencies. Client funds are safeguarded via ScioPay under FCA regulations.
• CurrencyCloud B.V.coreTechnology or IntegrationDutch-licensed Electronic Money Institution regulated by De Nederlandsche Bank (Relation Number: R142701). Registered in Amsterdam. Provides issuance of e-money and related payment services for Cambridge Currencies clients based in the European Economic Area.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• TorFX: UK-based specialist currency broker providing personal account management for international property, emigration, and business transfers. Closely comparable model with forward contracts and dedicated dealer support for high-value transfers.
• Moneycorp: Long-established UK FX specialist serving individuals and businesses with international payments, forward contracts, and FX risk management. Directly comparable specialist phone-based service targeting property buyers and corporate clients.
• Halo Financial: UK specialist currency broker offering international money transfers and FX hedging for individuals buying overseas property and businesses with foreign payment needs. Similar specialist phone-based service model and segment focus.
• OFX: Global FX specialist offering international payments and risk management solutions for individuals and businesses. Provides forward contracts and dedicated dealer support with comparable cross-border FX value proposition.
• Equals Group: UK-listed payments and currency services group offering business FX, prepaid cards, and international payment solutions. Comparable focus on cross-border payments for SMEs with multi-currency capabilities, though broader product mix.
• Caxton FX: UK FX and international payments specialist offering business FX, travel money, and currency cards. Comparable specialist positioning with multi-currency support for individuals and SMEs, though slightly broader product portfolio.
• Currencies Direct: UK specialist currency broker offering phone-based international money transfers and forward contracts for individuals and SMEs. Mirrors Cambridge Currencies' specialist service model and customer segments, though at significantly larger scale and with multi-decade operating history.
• FC Exchange: UK specialist currency broker providing personalised FX services for property purchases, emigration, and business transfers. Closely comparable phone-based specialist model targeting high-value international transfers.

Broad incumbents

• Revolut: Large UK-headquartered fintech offering multi-currency accounts and transfers. Competes on FX pricing transparency and digital experience but does not focus on the high-value specialist advisory services that anchor Cambridge Currencies' positioning.
• Wise: Large UK-based money transfer and multi-currency account platform serving individuals and businesses globally. Competes with Cambridge Currencies on cross-border transfers but offers self-service digital execution at a much larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/CambCurrencies
• Facebookfacebook.com/CambridgeCurrencies
• LinkedInlinkedin.com/company/cambridge-currencies

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cambridge Currencies