Currencycloud, an international payments platform, announced today Richard Arundel has been appointed as general manager of Currencycloud North America.
In his new role, Mr. Arundel will leverage his extensive background to advance and execute Currencycloud’s U.S. strategy.
A founding member of Currencycloud, Mr. Arundel spent the last two years as VP of client services in Currencycloud’s London office, successfully redesigning the global post-sales organization. During that time he oversaw significant growth and improvements in customer satisfaction and also played a key role in Currencycloud’s 2017 Series D round, raising $25 million with backing from investors including GV (Google Ventures), Sapphire Ventures and Rakuten.
This news comes on the heels of two record years for Currencycloud’s U.S. business, which is seeing growth rates of more than 200 per cent. A number of innovative U.S. businesses benefit from Currencycloud’s technology including HackerOne, Airhelp, Brookline Bank, GoLance and MoneyWay. Currencycloud now handles $15 billion of payments a year to more than 180 countries through its leading API technology.
“The U.S. is the largest market for international payments and is currently undergoing a period of rapid, technology-driven change. We’re excited about the opportunity to streamline and improve the customer experience in this market,” Mr. Arundel said.
“Recent customer wins, coupled with advancements to our technology puts us on the right path to advancing our vision of creating an ecosystem where money moves fast and efficiently to and from the U.S.”