Bound

Bound provides an online FX risk management platform where finance teams book forwards, spot conversions and other currency hedges, track exposure, fund trades and make international payouts. Hedging strategies include averaging, ranging and forwards, with amendments and cancellations shown with transparent spreads.

Bound's customers are finance teams at businesses with foreign currency cash flows. Revenue comes from a fixed, transparent spread on FX transactions, with pricing tiers by annual FX flow and no setup or monthly fees according to its pricing page. The company states it is authorised by the FCA as an investment firm (FRN 966723) and holds an EMI licence.

Bound was founded in 2020 and lists a London office. It reports a 2021 seed round and a $24.5M Series A in 2026 led by AlbionVC, which it says will support European expansion. Open roles on its careers page include a Financial Crime Operations Analyst, a Content & Social Media Associate and a Business Development Associate, all in London.

Product: Automated FX hedging platform with forwards, spot, averaging and ranging strategies, multi-currency payments and reporting