Venture Capital
This story was delivered to Business Insider Intelligence Fintech Pro subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. Currencycloud, a London-based fintech that facilitates cross-border payments for businesses, has raised $80 million in a funding round co-led by Sapphire Ventures and Visa, reports CNBC. The new capital takes Currencycloud's total raised to $140 million, with the startup's valuation reportedly hitting $220 million, per TechCrunch. The startup has developed a set of APIs that enable banks, fintechs, and other financial businesses to process international transactions.

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