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Atlantic Money is a London-based financial technology company that provides international money transfer services utilizing live mid-market exchange rates. The platform allows retail consumers, expatriates, and businesses to execute cross-border transactions for a flat fee of £3 or €3, eliminating percentage-based charges and foreign exchange markups. By late 2023, the enterprise reported processing over £300 million in total transfer volume across its active currency corridors. The company has raised approximately $10.5 million in total venture funding from prominent institutional investors including Amplo, Ribbit Capital, Index Ventures, and Kleiner Perkins. Following its initial application launch and acquisition of an EU payment institution license, the firm expanded its operations to include dedicated business accounts and new transfer destinations like the United States and Australia. Atlantic Money was founded in 2021 by former Robinhood employees Neeraj Baid and Patrick Kavanagh.
Atlantic Money has raised $7.5M across 2 funding rounds.
Atlantic Money has raised $7.5M in total across 2 funding rounds.
Atlantic Money has raised $7.5M in total across 2 funding rounds.
Atlantic Money's investors include Amplo, Martell Hardenberg, Index Ventures, Kleiner Perkins, Nordstar, Ribbit Capital, Anquan Wang, Baiju Bhatt, Vlad Tenev.
Atlantic Money has raised $7.5M across 2 funding rounds. Most recently, it raised $3.0M Seed in July 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 21, 2022 | $3M Seed | Amplo | Martell Hardenberg, Index Ventures, Kleiner Perkins, Nordstar, Ribbit Capital | Announced |
| Mar 9, 2022 | $4.5M Seed | Amplo, Ribbit Capital | Anquan Wang, Baiju Bhatt, Vlad Tenev | Announced |
