Currency Stream gets Paycorp investment to boost global growth

By Vriti Gothi

Currency Stream, a foreign exchange and payments technology provider, has secured investment from Paycorp International to scale its operations across Europe, Americas, Africa, and Asia.

Building on a successful long-term partnership since 2017, the collaboration between Currency Stream and Paycorp International now deepens with the alignment of capital resources, global market reach, and proven payments expertise. Paycorp’s investment underscores a shared commitment to delivering cutting-edge, customer-centric FX solutions that empower merchants, acquirers, and payment platforms to serve a rapidly evolving cross-border commerce landscape.

At the heart of Currency Stream’s offering is its dynamic currency conversion (DCC) and multi-currency pricing (MCP) platform, which combines advanced pricing algorithms and robust risk management capabilities. Supporting more than 140 currencies worldwide, the platform seamlessly integrates with acquirers, gateways, processors and payment orchestration partners, powering real-time, transparent FX transactions for retail, travel and e-commerce markets.

As part of this strategic move, Steven Kark, CEO and Founder of Paycorp International, will join the Currency Stream International board, bringing deep payments industry leadership and global market insight to the company’s expansion roadmap.

Looking ahead, they aims to build on its proven track record processing over US$10 billion in transactions to date by further enhancing its proprietary algorithm with machine learning capabilities and expanding its real-time, transparent FX solutions to new markets. This strategic alignment positions both Currency Stream and Paycorp International to meet the growing demand for seamless, efficient and secure cross-border payments, empowering partners and customers with trusted, next-generation payment experiences worldwide.

Noel Goddard, Founder and CEO of Currency Stream, said, “This was a natural next step. We’ve worked closely with Paycorp for many years and share a common focus on performance, innovation and trust. This investment further cements that partnership, unlocks exciting growth opportunities in three new continents and gives us the scale to serve more partners, faster.”

Steven Kark, CEO of Paycorp International, said,  “Currency Stream has always delivered for us with reliability, transparency and strong tech. When they shared their global expansion plans, it made perfect sense for Paycorp to partner with them to expand into Africa, Asia and the US. FX and multi-currency pricing are essential to cross-border commerce, and Currency Stream’s platform is best-in-class and sits very well within our portfolio of market leading value-add businesses in the payments space.”