E4X raises $14 million in third round funding

E4X, a New York-based provider of currency management and conversion services for online merchants, has closed a $14 million third round of financing led by Adams Street Partners.

  0 Be the first to comment

E4X raises $14 million in third round funding

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Other investors included Venture Strategy Group, On-Line Ventures and existing investors, Pitango Venture Capital and Delta Ventures.

George Spencer of Adams Street Partners and Steve Getsy of On-Line Ventures will join the E4X board of directors.

E4X provides an online service that allows merchants to sell goods using in foreign currencies but receive payment in their local currency.

Yuval Tal, CEO of E4X, says: "We are confident that this funding, coupled with E4X's growing revenues and market presence, will enable us to rapidly leverage our success, recruit highly qualified individuals and expand into new markets."

Sponsored [New Impact Study] Surviving Digital Fallout: Operational Resilience in 2025 and beyond

Related Company

Keywords

Comments: (0)

[New Impact Study] NextGen Retail Banking: A Roadmap to Successful ModernisationFinextra Promoted[New Impact Study] NextGen Retail Banking: A Roadmap to Successful Modernisation