Currency Stream accelerates global expansion with Paycorp

July 23, 2025

Currency Stream, a global provider of FX and payment solutions, has secured a significant investment from Paycorp International to fuel its expansion into Europe, the Americas, Africa, and Asia.

The FinTech firm is best known for its advanced dynamic currency conversion (DCC) and multi-currency pricing (MCP) technology, supported by proprietary pricing algorithms and risk management capabilities. The deal sees Paycorp bring substantial funding, international expertise, and scale to help drive Currency Stream’s ambitious plans.

This latest development builds on a longstanding relationship between the two firms. Since 2017, Paycorp has deployed Currency Stream’s DCC platform across Central and Eastern Europe and Southern Africa.

As part of the agreement, Paycorp International CEO and founder Steven Kark will join Currency Stream’s board, contributing his extensive experience in payments leadership to the company’s strategic direction.

Currency Stream CEO and founder Noel Goddard 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.”

Currency Stream’s platform supports over 140 currencies and is integrated by acquirers, gateways, processors, and orchestration platforms worldwide. With this new backing, the firm plans to extend its services further into the retail, travel, and e-commerce sectors across emerging markets.

Paycorp International CEO Steven Kark 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.”

Currency Stream’s proprietary algorithm has powered more than $10bn in transactions across ATM, point-of-sale, and online channels. Its footprint already includes Germany, the UK, France, Italy, Spain, Ireland, The Netherlands, South Africa, and, more recently, the US.