Circle

Category: High-Growth

Vertical: Money Transfers and FX; Payments

Website: www.circle.com

Description:

Circle is a social payments app for sending or requesting money in dollars, euros or pounds, without any fees.

Circle is social payment app brought to you by the tech entrepreneurs behind Macromedia and Adobe. The app uses the blockchain technology to allow you to transfer between the pound, dollar and soon the euro for free; and is the first digital currency to be licensed by the Financial Conduct Authority (FCA). Circle is backed by $136 million from investors including Goldman Sachs, IDG China, Breyer Capital, Accel, General Catalyst, Baidu, CICC Alpha, EverBright, WangXiang and CreditEase. With offices in Boston, San Francisco, Dublin, London and Beijing, Circle is building mobile apps for the convenience of free, instant, global digital money transfers.