Backed by top fintech investors.
Backed by top fintech investors.
Busy finance teams use Bound to easily protect and stabilize foreign cash flows
AlbionVC logo
Notion Capital logo
Valar Ventures logo
Valar Ventures logo
1818 venture Capital logo
Gohub ventures logo
Album VC logo
Moonfire VC logo

OUR MISSION

to never worry
about FX again.

to never worry about FX again.

Bound was founded in 2020 by founders Seth and Dan to solve the problems finance teams face with traditional FX brokers: opaque pricing, outdated processes, and a lack of flexibility.

FX isn't your priority, so we built a copilot that identifies, monitors and protects your exposure for you, as your business changes.

Bound was founded in 2020 by founders Seth and Dan to solve the problems finance teams face with traditional FX brokers: opaque pricing, outdated processes, and a lack of flexibility.

FX isn’t your priority, so we built a copilot that identifies, monitors and protects your exposure for you, as your business changes.

THE OLD WAY

WITH BOUND

Spreadsheets and manual forecasts

AUTOMATED

Exposure identified the moment it happens.

Hidden spreads and monthly fees

TRANSPARENT

No setup fees. No monthly fees.

Rigid contracts and broker calls

FLEXIBLE

Amend, cancel or split any trade, anytime.

Re-keying trades at month-end

CONNECTED

Month-end that closes itself.

OUR STORY

six years of making FX easier.

2020

2020

Founded

Started with a mission to solve FX pain points for finance teams.

2021

2021

Seed fundraise

Bound raises $6.5M from investors behind Wise, Klarna, Qonto and N26, including Notion Capital and Valar Ventures.

2022

2022

FCA authorisation

Bound (FRN 966723) is authorised as an investment firm by the FCA to provide regulated hedging products.

2024

2024

$1B

Transaction volume on the Bound platform exceeds $1 billion, and keeps growing.

2026

Series A

A $24.5M Series A led by AlbionVC, with Notion Capital and GoHub Ventures, to fund European expansion and deeper automation.

SECURITY

your money is
our top priority.

Your funds are protected by multiple layers of institutional-grade safeguards.

Your funds are protected by multiple layers of institutional-grade safeguards.

FCA regulated

Authorised by the FCA as a MiFID firm.

Authorised by the FCA as a MiFID firm.

Safeguarded funds

Held with Tier 1 banks.

Held with Tier 1 banks.

ISO 27001 certified

Certified for data security.

Certified for data security.

EMI license

Licensed as an Electronic Money Institution.

Licensed as an Electronic Money Institution.

PEOPLE

the team behind your fx copilot.

Seth Phillips

Co-founder & CEO

Dan Kindler

Co-founder & CTO

Marita Cavalcanti

CFO

Gerard Hurley

Gerard Hurley

Dir. Compliance

Alex Everitt

VP of Sales

our values

how we work.

Hungry

We care deeply about what we're building and keep raising the bar. Occasionally, we're also hungry for lunch.

Obsessed

We sweat the details for our product and our customers, and take pride in getting things done properly.

Grounded

Calm under pressure and honest about what we don't know. Good judgment over hype or ego.

join our team

help us build a new way
of
managing fx.

over 200 fast-growing companies use Bound to manage their foreign currency.

Curious to discover why?

Currency hedging technology with unrivalled speed and flexibility

© 2026 Bound. All rights reserved. Bound is a trading name of Bound Rates Limited.

Bound Rates Limited is registered in England and Wales (company number 13036275). Registered office: 16 Great Chapel Street, London W1F 8FL.

Regulatory status: Bound Rates Limited is authorised and regulated by the Financial Conduct Authority (FCA) as a MiFID investment firm (FRN 966723). It is also authorised by the FCA under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN 1036025). You can check our authorisation on the FCA Register at register.fca.org.uk.

Not all of our products and services are regulated by the FCA. FX spot contracts, and forwards used to facilitate payment for identifiable goods, services or direct investment ("exempt forwards"), are not regulated. Your account terms set out which services are regulated.

This website is intended for UK businesses and is not an offer or solicitation in any jurisdiction where we are not authorised.

How your money is protected: Client money relating to our MiFID business is held in segregated accounts under the FCA's CASS rules. If we failed, eligible claimants may be able to claim up to £85,000 from the FSCS, and up to £120,000 per client per bank if a bank holding client money failed. Funds in settlement and margin held under title transfer are not segregated. E-money is safeguarded but is not protected by the FSCS. See fscs.org.uk for eligibility.

Risk: FX hedging carries risk. Read the FX Forwards Key Features and Risk Document (https://bound.co/legal/fx-forwards-key-features-and-risk-document) before trading.

Testimonials and case studies reflect individual customers' experiences and may not be representative. Results depend on each business's circumstances and market conditions. Past performance is not a reliable indicator of future results.

over 200 fast-growing companies use Bound to manage their foreign currency.

Curious to discover why?

Currency hedging technology with unrivalled speed and flexibility

© 2026 Bound. All rights reserved. Bound is a trading name of Bound Rates Limited.

Bound Rates Limited is registered in England and Wales (company number 13036275). Registered office: 16 Great Chapel Street, London W1F 8FL.

Regulatory status: Bound Rates Limited is authorised and regulated by the Financial Conduct Authority (FCA) as a MiFID investment firm (FRN 966723). It is also authorised by the FCA under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN 1036025). You can check our authorisation on the FCA Register at register.fca.org.uk.

Not all of our products and services are regulated by the FCA. FX spot contracts, and forwards used to facilitate payment for identifiable goods, services or direct investment ("exempt forwards"), are not regulated. Your account terms set out which services are regulated.

This website is intended for UK businesses and is not an offer or solicitation in any jurisdiction where we are not authorised.

How your money is protected: Client money relating to our MiFID business is held in segregated accounts under the FCA's CASS rules. If we failed, eligible claimants may be able to claim up to £85,000 from the FSCS, and up to £120,000 per client per bank if a bank holding client money failed. Funds in settlement and margin held under title transfer are not segregated. E-money is safeguarded but is not protected by the FSCS. See fscs.org.uk for eligibility.

Risk: FX hedging carries risk. Read the FX Forwards Key Features and Risk Document (https://bound.co/legal/fx-forwards-key-features-and-risk-document) before trading.

Testimonials and case studies reflect individual customers' experiences and may not be representative. Results depend on each business's circumstances and market conditions. Past performance is not a reliable indicator of future results.

over 200 fast-growing companies use Bound to manage their foreign currency.

Curious to discover why?

Currency hedging technology with unrivalled speed and flexibility

© 2026 Bound. All rights reserved. Bound is a trading name of Bound Rates Limited.

Bound Rates Limited is registered in England and Wales (company number 13036275). Registered office: 16 Great Chapel Street, London W1F 8FL.

Regulatory status: Bound Rates Limited is authorised and regulated by the Financial Conduct Authority (FCA) as a MiFID investment firm (FRN 966723). It is also authorised by the FCA under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN 1036025). You can check our authorisation on the FCA Register at register.fca.org.uk.

Not all of our products and services are regulated by the FCA. FX spot contracts, and forwards used to facilitate payment for identifiable goods, services or direct investment ("exempt forwards"), are not regulated. Your account terms set out which services are regulated.

This website is intended for UK businesses and is not an offer or solicitation in any jurisdiction where we are not authorised.

How your money is protected: Client money relating to our MiFID business is held in segregated accounts under the FCA's CASS rules. If we failed, eligible claimants may be able to claim up to £85,000 from the FSCS, and up to £120,000 per client per bank if a bank holding client money failed. Funds in settlement and margin held under title transfer are not segregated. E-money is safeguarded but is not protected by the FSCS. See fscs.org.uk for eligibility.

Risk: FX hedging carries risk. Read the FX Forwards Key Features and Risk Document (https://bound.co/legal/fx-forwards-key-features-and-risk-document) before trading.

Testimonials and case studies reflect individual customers' experiences and may not be representative. Results depend on each business's circumstances and market conditions. Past performance is not a reliable indicator of future results.