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Glyde secures £450,000 in pre-seed funding led by Fuel Ventures to enhance its currency platform and expand its engineering team and product development.

Jun 19, 202527 days ago

Amount Raised

£450,000

Round Type

pre-seed

LondonFinanceFintech

Investors

Fuel Ventures

Description

Glyde has raised £450,000 in pre-seed funding led by Fuel Ventures. The investment will help grow Glyde's engineering team, accelerate product development, and expand adoption across the UK and internationally. Founded by brothers Ellis and Nathan Taylor, Glyde aims to empower users in their currency exchanges. Their platform allows users to select their own exchange rates, making cross-border transactions more transparent and cost-effective.

Company Information

Company

Glyde

Location

London, England, United Kingdom

About

Glyde™ is a fintech company on a mission to rewire how modern businesses move money across borders. Co-founded by two brothers with a relentless drive to level the playing field, Glyde was built to equip small and medium enterprises (SMEs) with the powerful currency tools once reserved for banks and multinationals.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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