Bound
Jobs posted: 2
About Bound
Bound’s mission is to make it effortless for businesses to deal with currency risk. Currency risk is when a business earns revenue in one currency and has costs in another. When a business has currency risk, it can lose money when exchange rates move around. Millions of businesses globally face currency risk every day. 96% of the FTSE 500 have hedging programmes in place to mitigate their foreign currency risk, while only 4% of SMEs in the UK do the same.
We’re looking to help the rest of those 96% of SMEs.
We are an enthusiastic team and have raised a +$17mm seed in 2021 from investors behind companies like Wise (formerly TransferWise), Klarna, N26, Stash, Xero.
About Bound
Bound’s mission is to make it effortless for businesses to deal with currency risk. Currency risk is when a business earns revenue in one currency and has costs in another. When a business has currency risk, it can lose money when exchange rates move around. Millions of businesses globally face currency risk every day. 96% of the FTSE 500 have hedging programmes in place to mitigate their foreign currency risk, while only 4% of SMEs in the UK do the same.
We’re looking to help the rest of those 96% of SMEs.
We are an enthusiastic team and have raised a +$17mm seed in 2021 from investors behind companies like Wise (formerly TransferWise), Klarna, N26, Stash, Xero.