The company has established working sectors in Newcastle (UK), New South Wales (Australia), Singapore and Hong Kong.

[1] CurrencyFair was established in April 2009 by co-founders Brett Meyers,[2][3] Jonathan Potter, Sean Barrett and David Christian.

It was described by The Guardian as a marketplace where money is never exchanged across borders, rather staying in the country of origin, thereby avoiding bank conversion fees.

[10] In August 2018, the company announced a €20 million investment plan into the Asian market and the acquisition of Hong Kong-based Convoy Payments.

[13] In December 2019, the company completed a partnership agreement with Chinese online trade network Buy-World to launch its marketplace payment product.