Paycorp, a payments company based in South Africa, has invested in Currency Stream, a UK fintech firm. Currency Stream builds tools for real-time foreign exchange (FX) and multi-currency payment infrastructure that support seamless international transactions. This investment helps Paycorp grow globally and gives Currency Stream support to expand in Europe, Africa, Asia, and the Americas.
Paycorp and Currency Stream have worked together since 2017. During that time, Paycorp has used Currency Stream’s Dynamic Currency Conversion (DCC) technology in Central and Eastern Europe, as well as in Southern Africa.
Helping Cross-Border Payments Work Better
Currency Stream helps businesses handle payments in over 160 currencies. Its systems are built directly into banks, payment gateways, and e-commerce platforms. As global shopping and travel increase, more businesses need tools that show real-time prices in local currencies.
By investing in Currency Stream, Paycorp wants to bring these tools to new countries and industries. This is especially important in emerging markets, where it’s still hard to manage currency exchange and local payment rules.
Paycorp will also join the board of Currency Stream International, giving it a voice in how the company moves forward. However, the companies did not share the value of the deal.
Why This Investment Matters
Payments companies are changing. Instead of only focusing on basic transactions, they now want to help with currency exchange, especially in places where FX rules are complex. Businesses want to show the exact price in the customer’s local currency—right at checkout. That’s where Currency Stream’s services come in.
Paycorp already operates in the UK, Southern Africa, and Eastern Europe. Its services include ATMs, payment processing, and alternative payments. This investment supports its larger plan to improve its systems and grow in fast-moving markets.
Focus on High-Growth Regions
This deal will help both companies grow in sub-Saharan Africa, Southeast Asia, and parts of the Americas. These areas are seeing a rise in digital payments and online shopping, but still face problems with currency handling and local rules.
By working together, Paycorp and Currency Stream can offer tools that solve these problems. They’ll help businesses manage local pricing, taxes, and currency changes—things that many legacy payment providers don’t handle well.
Next Step in Payments Growth
More businesses now operate across borders. To stay competitive, they need strong multi-currency payment infrastructure. This investment shows that Paycorp and Currency Stream are ready to meet that need.
Together, they plan to offer better tools for cross-border payments, helping companies grow with real-time currency features and stronger global coverage.