What Currencyapi does

Currencyapi (legally CurrencyApi.net) is a London-based, bootstrapped SaaS company founded in 2019 that provides a real-time and historical currency exchange rate API. Its core product is a REST API exposing endpoints for live rates, on-the-fly conversion, single-day and range historical data, a currencies list, and an OHLC (Open-High-Low-Close) add-on. The service covers 166 currencies including major fiat, cryptocurrencies, and precious metals, with historical data back to the year 2000, and is delivered across 330 edge locations at an advertised ~50ms average response time and 99.9% uptime. Supporting tooling includes SDKs for Python, GoLang, Node.js, and PHP (with Ruby and Java planned), an LLM-optimized documentation file for AI coding assistants, a Magento 2 extension, and an account dashboard for usage analytics, key management, and team controls.

The company operates a product-led, self-serve go-to-market targeted at developers, fintech builders, e-commerce platforms, and analysts. Revenue is generated through tiered subscription plans — Free (500 requests/month, hourly updates, personal use only), Essential (20,000 requests, 60-minute updates), Professional and StartUp (1-minute real-time updates, including OHLC on Professional) — with paid plans starting at $9.99/month and payments processed via Stripe. Distribution is entirely digital and direct, leveraging SEO-optimized currency converter pages, multi-language SDK landing pages, NPM and GitHub distribution, and a Postman collection. The company discloses no external funding, runs with 1-10 employees, and reports 10,000+ customers and 50+ million monthly requests handled by the platform.

Name

Currencyapi

Legal name

CurrencyApi.net

Website

https://currencyapi.net

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Currencyapi (CurrencyApi.net) is a bootstrapped London-based SaaS that provides a real-time and historical currency exchange rate REST API for 166 fiat, crypto, and precious-metal currencies, serving 10,000+ developers and businesses worldwide through a self-serve subscription model.

Ownership category

akta.pro rank

Product category

Currency Exchange Rate API

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

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

akta.pro primary industry

FX Conversion, Pricing & Hedging Infrastructure (Treasury/Rate Engines) (FSAGAKAG)

akta.pro secondary industries

Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK), Cross-border Payments & FX for E-commerce (CRAFALAF)

Keywords

• Currency exchange API
• Forex data feeds
• Real-time FX rates
• Financial data API
• Developer API platform

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. API Subscription Plans: Tiered subscription model providing access to currency exchange rate API endpoints with varying request limits and update frequencies. Plans range from free tier (500 requests/month, hourly updates) to enterprise-level tiers with millions of monthly requests and real-time (1-minute) updates.
2. Usage-based API Access: Pricing scales with API request volume, from 500 monthly requests on free tier to 20,000+ requests on paid plans starting at $9.99/month
3. Freemium Model: Free exchange rate API for personal projects only with limited features. Rates endpoint updated hourly. Commercial use requires paid subscription.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Currencyapi provides a real-time and historical foreign exchange rate API that delivers accurate currency conversion data in JSON format via HTTPS to developers and businesses. Its offering includes a REST API with endpoints for current rates, conversions, historical data, timeframes, and currency lists, supported by multi-language SDKs and a customer dashboard for usage management.

Product overview

Currencyapi offers a unified Currency Conversion API platform providing real-time exchange rates, historical currency data, and conversion functionality. The core product consists of REST API endpoints (/rates, /convert, /history, /timeframe, /currencies, and OHLC) delivering data for 166 currencies including fiat currencies, cryptocurrencies, and precious metals. The offering includes SDKs for Python, GoLang, Node.js, and PHP, plus a web-based Currency Converter Tool and a Dashboard with analytics for API management. E-commerce extensions for Magento 2 (available), Shopify, and WooCommerce (both in development) extend the platform into third-party platforms. An LLM Documentation file is available for AI-assisted integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Currency Conversion API A real-time and historical foreign exchange rate API that delivers accurate currency conversion data in JSON format over HTTPS, designed for developers and businesses embedding FX data into websites, applications, and back-office systems. The API exposes endpoints for current rates, conversions, historical data, timeframes, and currency lists, with multi-language SDK support and a customer dashboard for usage management.
• Currencyapi Dashboard and Analytics A cloud-based account management and analytics platform for customers to monitor API usage, manage subscriptions, and view operational metrics related to their currency data consumption.
• Currency Converter Tool A standalone web-based currency conversion tool that allows users to convert amounts between currencies using the same exchange rate data powering the API.

Quantifiable outcome

• ~50ms average API response time
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature8 records

Partnerships

Three partnerships are on record, tiered core.

• StripecoreTechnology or IntegrationStripe processes all payments and subscriptions for CurrencyAPI. Customers can pay using international credit/debit cards including Visa, Mastercard, American Express. Stripe integration enables secure payment processing and subscription management.
• NPM (Node Package Manager)coreTechnology or IntegrationCurrencyAPI's Node.js SDK (currencyapi-node) is distributed through NPM, making it easily accessible for JavaScript/Node.js developers to install and integrate via 'npm install currencyapi-node'.
• GitHubcoreTechnology or IntegrationCurrencyAPI maintains open-source SDK repositories on GitHub (e.g., houseofapis/currencyapi-node), enabling community collaboration and version control for the Node.js SDK.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Others

• CoinGecko: CoinGecko supplies cryptocurrency prices via public and paid APIs, overlapping with Currencyapi's crypto asset coverage but not its fiat/metals breadth — adjacent ecosystem player for digital-asset rate data.

Direct peers

• Fixer.io: Fixer.io is a currency exchange rates API covering 170+ fiat and crypto currencies, the closest direct competitor to Currencyapi in target audience (developers), pricing tier structure, and core endpoint set (latest, historical, convert, time-series).
• CurrencyLayer (APILayer): CurrencyLayer is part of the APILayer marketplace family and offers real-time and historical FX rates with tiered subscriptions, directly comparable in product surface area and pricing model to Currencyapi.
• exchangerate.host: exchangerate.host is a free/open-source FX rates API pulling from multiple central bank and commercial sources; it pressures Currencyapi's pricing from below on the same developer use cases.
• Frankfurter: Frankfurter is a free, open-source exchange rates and currency conversion API backed by European Central Bank reference data, a direct substitute for Currencyapi's rates and historical endpoints.
• Open Exchange Rates: Open Exchange Rates provides a JSON-based FX and crypto rates API with historical data and similar developer-first GTM, competing head-to-head on coverage, speed, and free-tier onboarding.

Emerging players

• Alpha Vantage: Alpha Vantage provides a broad financial data API covering FX, equities, and crypto with similar developer-first pricing tiers; it competes with Currencyapi specifically in the FX-rates endpoint and in adjacent asset classes.
• Wise (TransferWise): Wise offers mid-market exchange rate data and APIs (e.g., Wise Platform) primarily for cross-border payments use cases; partial overlap with Currencyapi on rate provision for fintechs and platforms.

Broad incumbents

• XE.com: XE is an established global currency data and remittance brand offering live rates, historical charts, and now an API tier — overlapping with Currencyapi but operating as a broad consumer and business incumbent rather than developer-first specialist.
• OANDA: OANDA is a major FX broker and rates provider offering an enterprise-grade exchange rates API for forex and historical data; competes with Currencyapi in the fintech/trading segment at higher price points and SLA-backed contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/currencyapi_net
• GitHubgithub.com/houseofapis/currencyapi-node
• LinkedInlinkedin.com/company/currencyapi

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Currencyapi