Currenge is an Internet fintech company that provides electronic money transfer and conversion services. Currenge was established to give you a better choice, compared to the service and cost offered by ‘outdated’ bank branches. It is a fully, licensed and regulated, financial-assets service provider, that allows business and personal transfer and conversion transactions, instantly save up to nearly 1% of your transaction amount*. Located in Haifa, Israel, Currenge was founded in 2016.
Currenge founder’s vision is to amalgamate the global economy, abolishing most multi-currency transaction friction. Our multi-currency transfer and convert, market-place exchange app, offered to private customers as well as businesses and that may be designed in the future to suit Neo Banks platforms, promotes the innovative dynamics of FX transaction. In accordance with this vision, the professionalization of foreign exchange services as well as the development of a momentum of reduction in currency exchange spreads offered to customers by banks, will help in the creation of a better world – a world in which friction in international transactions will less and less harm people’s well-being.
Currenge was founded by seasoned due-diligence specialist Ehud Ziegelman. Ziegelman has recognized how an accessible currency exchange could promote currency markets dynamics to follow those of equity markets, ending an era where banks added hidden markup to exchange rate.
The name Currenge is a portmanteau of the words Currency and Exchange, which together stood as the basis for Currenge founder’s vision, of making currency transactions fair and transparent.
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Currenge is special, for its values, putting you – the client in the center. It is built around providing you a fair, transparent, and efficient way to transact using foreign currency, not losing big chunks of it, on each transaction, where banks used to take a bite of your money. As part of its professional service, Currenge makes available to its clients executing a foreign currency transaction, at rates of a trading room instead of inferior rates offered at a bank branch.
Currenge is an independent, privately-owned company and is not part of a bank.
Currenge is fully owned by CEO and founder Ehud Ziegelman, who invested the money to establish it.
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