Company profile
Leatherback Ltd
Leatherback Ltd is a United Kingdom-based cross-border payments and financial technology company regulated by the Financial Conduct Authority as an Electronic Money Institution. Founded in 2019 and headquartered in London, the company provides multi-currency accounts, foreign exchange, and payment infrastructure for businesses and individuals across over 20 countries, supporting currencies including USD, GBP, NGN, CAD, INR, EUR, XOF, and XAF. Following a leadership overhaul in 2025, Leatherback pivoted from retail remittances to enterprise and infrastructure-led cross-border payments, positioning itself as the financial rails powering businesses. The company serves more than 20,000 businesses and over 1 million users, operates its own core banking system and payments ledger, and has regulatory footprints in the United Kingdom, Nigeria, Canada, Ethiopia, Sri Lanka, Pakistan, Nepal, and Ghana.
- Sector
- Financial services / Cross-Border Payments, Payments Infrastructure
- Markets
- Angola, Ghana, South Africa, Ethiopia, Tanzania, Uganda, Nigeria, Côte d'Ivoire, Egypt
- Founded
- 2019
- Ownership
- Private
- Stage
- Corporate
- Capital raised
- $10m
- Employees
- 51-200
- Business model
- B2B Transactional, Financial Services
Products and services
Leatherback Multi-Currency Accounts, SendR (Cross-Border Money Transfer), Fusion-by-Leatherback (API Platform), PayR (Banking-as-a-Service API), Leatherback Business Account, Leatherback Mobile App & Leatherback Virtual Debit Cards
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 27 Jul 2026 | Zedcrest Group acquires Leatherback | Venture Capital | Undisclosed | Nigeria |
Source: Partner Researchers.