London-based cross-border payments outfit Currencycloud has raised £32 million in the first part of a Series E funding round, according to TechCrunch.
Citing sources and regulatory filings, TechCrunch says the £32 million is likely to be the first tranche in the round, with more money to come within the next couple of months ahead of a formal announcement.
Goldman Sachs could be leading the round, with existing investor GV (formally Google Ventures) joining. Banco Santander and its corporate venture fund is also in the frame.
Currencycloud's suite of APIs is used by a host of big names - including Visa, Klarna, Standard Bank and Revolut - to enable international money transfers.