Glyde Raises £450K to Bring FX Transparency to SMEs

🚀 Glyde Raises £450K to Bring FX Transparency to SMEs

Glyde has secured £450,000 in pre-seed funding, led by Fuel Ventures, to accelerate its mission of disrupting the FX market for growing businesses and global earners.

Why This Funding Matters for Finance Teams

💡 Validation of Transparency: Fuel’s investment backs Glyde’s mission to eliminate hidden FX fees and bring clear, bank-beating rates to SMEs.

⚙️ Better Product, Smarter Tools: The funds are being used to upgrade Glyde’s technology stack—including a powerful FX Cost Calculator designed for finance leaders.

🌍 Wider Currency Support: More currencies, smarter comparisons, and better data are coming—built for businesses that move money globally.

What It Means for You

1. FX Cost Calculator Just Got Smarter Glyde’s FX Cost Calculator now gives an instant breakdown of:

Your provider’s rate vs. the mid-market rate

The hidden spread or markup you’re paying

How much you could be saving on each transfer

No manual calculations. No sign-up. Just clarity in under 60 seconds.

2. Expanded Currency Coverage The funding allows Glyde to scale across 50+ currencies and support higher-volume transfers with greater speed and accuracy.

3. Smarter FX Strategy for Teams Expect richer features soon: batch audits, historical cost comparisons, and more automation for multi-currency payment workflows.

This raise is more than funding—it’s validation. Glyde’s product is built to give finance teams the tools they need to control FX costs and eliminate blind spots.

👉 Run your first audit now with the FX Cost Calculator and see what your provider isn’t showing you.