Currensea

Currensea is a UK-based startup presenting a fresh approach to travel spending with its slogan "Travel spend done differently". Established in 2018, the company offers the UK’s first Direct Debit Travel Card, serving as an added layer to the user's existing bank account. Currensea's Essential plan provides access to the best rates at only 0.5% above the FX base rate, leading to savings of at least 85% on every transaction. Meanwhile, the Premium and Elite plans offer 0% markup, ensuring 100% savings on each transaction. Currensea's partnership with the user’s current bank account simplifies the money-saving process with no need for prepayment or a new bank account. Additionally, all purchases are safeguarded by Mastercard chargeback protection, ensuring security. The company also places emphasis on sustainability, removing 2.5 times the plastic it produces from the ocean and offering the option to automatically remove ocean plastic or plant trees with every transaction. At the beginning of July 2024, Currensea announced a significant milestone securing a £1.70M Equity Crowdfunding investment. This latest investment marks a positive step for the company's growth and development within the finance, fintech, payments, and banking industries. As Currensea continues to make strides in revolutionizing travel spending, this recent investment is a testament to its potential and value proposition.