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To challenge the fees, FX losses, and impersonal service typical of high-street banks, set out to combine currency expertise with smart, pre-paid cards.
15% employee growth in 12 months
Holding the title of “the original fintech payments company”, Caxton has been disrupting the fintech industry since 2002. The FCA-regulated company has developed a simple API-driven platform that delivers a wide range of financial services, combining currency expertise with pre-paid cards, to power various global payments for businesses and individuals across the globe.
With over 600,000 customers, the company processes 8.6 million transactions per year, totalling over £1 billion in annual turnover. Among its list of partners is BaaS provider OpenPayd, which has enabled Caxton to expand its capabilities, such as issuing unique IBANs to its users, therefore offering plug-and-play banking products and services from a single API.
The company’s proven dedication to the continued development of its platform is a sure sign of its ability to adapt to the ever-evolving fintech industry. Additional strategic partnerships and strong marketing campaigns should see Caxton command an even larger stake in the £700 billion (and growing) addressable market.
Kirsty
Company Specialist at Welcome to the Jungle
Nov 2021
$2.3m
SEED
Rupert Lee-Browne
(CEO)Co-Founder and Director of EggsBenefit, the first online system for caterers and suppliers.