A Business With A 💙

We're on a mission to eliminate FX risk

Bound wants to help businesses forget about foreign currencies.
Our story

We've come a long way

Nov 2020

Bound is Founded

Seth and Dan start Bound to explore the idea of how we can make FX risk management easier
Jan 2021

Pre-Seed

Bound raises $200K in a friends & family round to help explore how we can make FX risk management effortless
Jul 2021

Bound raises a seed

Bound raises $6.5MM from investors behind the likes of Klarna & Wise to help grow the team to over 25
Jun 2022

Continued Growth

Bound raises an addition $10.5MM to continue to grow the team

Why do we exist?

Contact us

4% and 94%


Only 4% of SME’s currently benefit from currency protection, but 94% of Fortune 500 companies use it to drive value for their firms.

We believe that this is due to the complexity of FX products and the market practices used by banks and brokers. ​

We’re reimagining the industry, with customer experience at the core. Our vision is to create effortless products that makes currency protection a no brainer for everyone.

See Source.

At Bound we believe it’s time that all businesses have access to a better FX experience, with a modern, digital FX broker they can trust.
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Sharks operating in FX have hidden behind opaque pricing and hidden fees and given the industry a bad reputation. Using transparent pricing, fixed fees, modern technology and an experience free from exchange rate trickery, Bound hopes to restore trust in FX.

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We’re here to help businesses eliminate the headaches, the wasted time and the financial losses from FX, whether your business simply converts currencies or needs a complex hedging strategy.

Made with 💙 in Krakow, Kyiv, London, Malaga, Manchester, Sofia, Vilnius and Warsaw!
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Copyright @ 2022 Bound Rates (Bound Rates Limited) is a limited company registered in England & Wales under number 13036275 with registered offices at 16 Great Chapel Street, London W1F 8FL
Bound Rates Limited (FRN 953177) is an Appointed Representative of MJ Hudson Advisers Limited (FRN 692447) who is authorised and regulated by the Financial Conduct Authority to act as Principal Firm to Appointed Representatives.
​Regarding virtual accounts and in relation to all currency transactions with a Currency Cloud entity, Payment services for Bound Rates Limited are provided in their respective jurisdictions by: CurrencyCloud B.V. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 - 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of a electronic-money institution (Relation Number: R142701)The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: The Steward Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorized in 39 states to transmit money (MSB Registration Number: 31000160311064). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 1001