Currency Stream, a fintech company that facilitates real-time currency conversions for ATMs, POS, and e-commerce, recently disclosed its plans for international expansion. This growth is supported by Paycorp, which provides financial backing and expertise in the payments industry.

With a proprietary machine learning algorithm, Currency Stream has processed over USD 10 billion in transactions across numerous countries like Germany, the UK, and the US. It leverages live interbank FX markets to offer transparent Dynamic Currency Conversion (DCC) and Multi-Currency Pricing (MCP), ensuring clear pricing at the point of sale.

This partnership is based on a longstanding collaboration between Currency Stream and Paycorp. Since 2017, Paycorp has utilized Currency Stream’s DCC solutions in Central and Eastern Europe, as well as Southern Africa, reflecting a mutual commitment to performance and trust.

The new investment reinforces this partnership and presents opportunities for expansion into three additional continents—Africa, Asia, and the US. This move aims to enhance service delivery to partners in high-growth sectors such as retail, travel, and e-commerce.

Strategic Global Expansion

Paycorp officials highlighted Currency Stream’s reliability, transparency, and advanced technology. The expansion into these new markets is seen as a strategic step for Paycorp, given the critical role foreign exchange and multi-currency pricing play in cross-border commerce. Currency Stream’s platform aligns with Paycorp’s portfolio of leading value-added businesses in the payments sector.