Atlantic Money
Send money abroad – always at the live exchange rate for just a flat £3 fee. All the way up to £1 million.
Send money abroad – always at the live exchange rate for just a flat £3 fee. All the way up to £1 million.
Atlantic Money is a UK-based startup aiming to revolutionize the global money transfer market by providing customers with a cost-effective solution. Co-Founders Patrick and Neeraj identified the disparity in fees between retail customers and big institutions in international money transfers. They have set out to disrupt this market by offering a friction-free app and a technology platform that directly connects users to an institutional-grade currency transfer solution. Their unique selling proposition lies in providing the live exchange rate and a flat fixed fee of £3 for transfers up to £1,000,000, thereby challenging existing money transfer providers. In July 2022, they secured a $3.00M Seed Round investment from prominent investors including Index Ventures, Kleiner Perkins, Amplo, Nordstar Partners, and Martell Hardenberg. With an impressive mission, innovative approach, and substantial financial backing, Atlantic Money holds promising potential in the Finance, Financial Services, Fintech, and Payments industries as it continues to disrupt the global money transfer market.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $3.00M | 5 |
|
21 Jul 2022 |
| Seed Round | $4.50M | 5 |
|
09 Mar 2022 |
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