Glyde, the currency platform that empowers individuals and businesses to send, receive and convert money on their own terms, has secured £450,000 in pre-seed funding led by Fuel Ventures. The investment will be used to grow Glyde's engineering team, accelerate product development, and expand adoption across the UK and internationally.
Founded by brothers Ellis and Nathan Taylor, Glyde is building a new standard for cross-border money movement. Users can choose their own exchange rates, avoid expensive FX brokers, and save up to three times compared to leading alternatives such as Revolut.
Glyde enables users to send and receive over 50 currencies, converting them at rates they select rather than ones dictated by providers. With full visibility and flexibility, users can improve profit margins, streamline cash flow, and reduce administrative effort.
As part of its mission to bring greater clarity to currency exchange, Glyde has also launched an FX calculator that doesn’t require any personal information and instantly shows users the true cost of using traditional providers, as well as any hidden fees.
With a sleek, user-friendly interface, Glyde simplifies international payments. Users can open multi-currency accounts, automate transactions, and get started in minutes, all without paperwork, brokers or hidden fees.
The investment will support the launch of new features, customer growth, and preparations for global expansion.
