Some facts about us

We know how important it is to keep funds safe and secure, so we make it a priority at Bound

FCA

Authorised and regulated as a MiFID firm by the Financial Conduct Authority

FCA

Authorised and regulated as a MiFID firm by the Financial Conduct Authority

FCA

Authorised and regulated as a MiFID firm by the Financial Conduct Authority

Safeguarding

Client funds are safeguarded with Tier 1 banks and regulated service providers

Safeguarding

Client funds are safeguarded with Tier 1 banks and regulated service providers

Safeguarding

Client funds are safeguarded with Tier 1 banks and regulated service providers

History

The Bound Story

Bound was launched in 2020 with the vision of making currency conversion and hedging cheap, fair, and most of all, easy. Today, our platforms help hundreds of businesses protect themselves from currency risk across the world. Here’s the story.

Bound is Founded

Two friends, Seth and Dan, start Bound to make it easier to manage currency risk, after seeing Dan's Dad and many of their friends struggle with it.

November 2020
July 2021
Seed round raised

Bound raises $6.5M from investors behind companies like Wise, Klarna, Qonto and N26. We're backed by some of the best venture capital firms, including Notion Capital and Valar Ventures.

$100,000,000

Transaction volume on the Bound platform exceeds $100,000,000...with many more to come.

October 2022
December 2022
FCA authorisation

Bound (FRN 966723) becomes authorised as an investment firm by the FCA, a UK financial regulatory authority, to provide regulated hedging products.

$1B

Transaction volume on the Bound platform exceeds $1 billion!! And it just keeps growing faster!

September 2024
Today
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We're helping hundreds of customers manage their currency risk.

PEOPLE

Meet our team

Seth Phillips

CEO and Co-founder

Built and exited 2 prior startups.

Part of Paxos executive management team and grew the European business from 25 to over 200 people.

Seth Phillips

CEO and Co-founder

Built and exited 2 prior startups.

Part of Paxos executive management team and grew the European business from 25 to over 200 people.

Seth Phillips

CEO and Co-founder

Built and exited 2 prior startups.

Part of Paxos executive management team and grew the European business from 25 to over 200 people.

Dan Kindler

CTO and Co-founder

Engineering and Product at Paxos.

Built hedging software that processed trillions of dollars worth of trades within the first year.

Dan Kindler

CTO and Co-founder

Engineering and Product at Paxos.

Built hedging software that processed trillions of dollars worth of trades within the first year.

Dan Kindler

CTO and Co-founder

Engineering and Product at Paxos.

Built hedging software that processed trillions of dollars worth of trades within the first year.

Marita Cavalcanti

Chief Financial Officer

+20 years in Investment Banking. 

+10 years of Fintech and FX startup experience.

Marita Cavalcanti

Chief Financial Officer

+20 years in Investment Banking. 

+10 years of Fintech and FX startup experience.

Marita Cavalcanti

Chief Financial Officer

+20 years in Investment Banking. 

+10 years of Fintech and FX startup experience.

Amit Puri

Chief Revenue Officer

+10 years in consulting and banking.

+12 years in startups and tech, building 2 unicorns.

Amit Puri

Chief Revenue Officer

+10 years in consulting and banking.

+12 years in startups and tech, building 2 unicorns.

Amit Puri

Chief Revenue Officer

+10 years in consulting and banking.

+12 years in startups and tech, building 2 unicorns.

octopus logo
swiss startup association logo
fintech finance news
opto logo
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octopus logo
swiss startup association logo
fintech finance news
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accel logo
octopus logo
swiss startup association logo
fintech finance news
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accel logo

Recent mentions

Bound in the news

Next-Gen CFOs Need Next-Gen Tools to Power Their Organizations

Next-Gen CFOs Need Next-Gen Tools to Power Their Organizations

Trend spotter: Fintech predictions-Gen CFOs Need Next-Gen Tools to Power Their Organizations

Trend spotter: Fintech predictions-Gen CFOs Need Next-Gen Tools to Power Their Organizations

Next-Gen CFOs Need Next-Gen Tools to Power Their Organizations

Looking ahead at fintech’s future and unveiling our Fintech 100 EMEA

Looking ahead at fintech’s future and unveiling our Fintech 100 EMEA

Next-Gen CFOs Need Next-Gen Tools to Power Their Organizations

Europe’s fintech startups to watch

Europe’s fintech startups to watch

Next-Gen CFOs Need Next-Gen Tools to Power Their Organizations

The Bound Founder Story: Qualifying, Quantifying and Managing FX Risk

The Bound Founder Story: Qualifying, Quantifying and Managing FX Risk

Next-Gen CFOs Need Next-Gen Tools to Power Their Organizations

Bound selects Integral for multiple source FX liquidity aggregation

Next-Gen CFOs Need Next-Gen Tools to Power Their Organizations

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

Curious to discover why?

Currency hedging technology with unrivalled speed and flexibility

Copyright @ 2025 Bound

All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.

Bound (Bound Rates Limited) is a limited company registered in England & Wales under number 13036275 with registered offices at 16 Great Chapel Street, London W1F 8FL

Bound Rates Limited (FRN 966723) is authorised and regulated by the Financial Conduct Authority to act as an Investment Firm.​

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

Curious to discover why?

Currency hedging technology with unrivalled speed and flexibility

Copyright @ 2025 Bound

All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.

Bound (Bound Rates Limited) is a limited company registered in England & Wales under number 13036275 with registered offices at 16 Great Chapel Street, London W1F 8FL

Bound Rates Limited (FRN 966723) is authorised and regulated by the Financial Conduct Authority to act as an Investment Firm.​

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

Curious to discover why?

Currency hedging technology with unrivalled speed and flexibility

Copyright @ 2025 Bound

All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.

Bound (Bound Rates Limited) is a limited company registered in England & Wales under number 13036275 with registered offices at 16 Great Chapel Street, London W1F 8FL

Bound Rates Limited (FRN 966723) is authorised and regulated by the Financial Conduct Authority to act as an Investment Firm.​

The Bound Story

Bound was launched in 2020 with the vision of making currency conversion and hedging cheap, fair, and most of all, easy. Today, our platforms help hundreds of businesses protect themselves from currency risk across the world. Here’s the story.

Bound is Founded, Nov 2020

Seth and Dan start Bound to make it easier to manage currency risk, after seeing Dan's Dad and many of their friends struggle with it.

Bound is Founded, Nov 2020

Seth and Dan start Bound to make it easier to manage currency risk, after seeing Dan's Dad and many of their friends struggle with it.

Seed round raised, Jul 2021

Bound raises $6.5M from investors behind companies like Wise, Klarna, Qonto and N26. We're backed by some of the best venture capital firms, including Notion Capital and Valar Ventures.

Seed round raised, Jul 2021

Bound raises $6.5M from investors behind companies like Wise, Klarna, Qonto and N26. We're backed by some of the best venture capital firms, including Notion Capital and Valar Ventures.

$100,000,000, Oct 2022

Transaction volume on the Bound platform exceeds $100,000,000...with many more to come.

$100,000,000, Oct 2022

Transaction volume on the Bound platform exceeds $100,000,000...with many more to come.

FCA authorization, Dec 2022

Bound (FRN 966723) becomes authorised as an investment firm by the FCA, a UK financial regulatory authority, to provide regulated hedging products.

FCA authorization, Dec 2022

Bound (FRN 966723) becomes authorised as an investment firm by the FCA, a UK financial regulatory authority, to provide regulated hedging products.

πŸš€πŸš€πŸš€ Today

We're helping hundreds of customers manage their currency risk.

πŸš€πŸš€πŸš€ Today

We're helping hundreds of customers manage their currency risk.

$1B, Sep 2024

Transaction volume on the Bound platform exceeds $1 billion!! And it just keeps growing faster!

$1B, Sep 2024

Transaction volume on the Bound platform exceeds $1 billion!! And it just keeps growing faster!

History