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Commonwealth Foreign Exchange

San Mateo, California, United States

Valuation

$2.2M

2021 Revenue

$721.1K

Customers

4K

Funding

$0

Avg ACV

$180

Team

32

Founded

1992

How Commonwealth Foreign Exchange CEO Paul Vierck grew to $721.1K revenue and 4K customers in 2021.

Provider of electronic payment platform to small to midsized banks that streamline foreign exchange processes. The company offers FXWeb, a Web based foreign exchange service, which helps companies to automate their international payments.

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Commonwealth Foreign Exchange Revenue

In 2021, Commonwealth Foreign Exchange's revenue reached $721.1K. Since its launch in 1992, Commonwealth Foreign Exchange has shown consistent revenue growth.

Commonwealth Foreign Exchange Revenue GrowthReported revenue / ARR over time$0$200K$400K$600K$800K1992199419961998200020022004200620082010201220142016201820202021$0$721KSource: GetLatka.com
YearMilestoneQuote
2021Commonwealth Foreign Exchange Hit $721.1k revenue in April 2021
1992Launched with $0 revenue

Commonwealth Foreign Exchange Valuation, Funding Rounds

Commonwealth Foreign Exchange's most recent disclosed valuation is $2.2M.

Commonwealth Foreign Exchange is a bootstrapped Currency Exchange Bureau Software startup. Founded in 1992, Commonwealth Foreign Exchange has grown to $721.1K in revenue without raising any venture capital or outside funding.

As a self-funded Currency Exchange Bureau Software SaaS company, Commonwealth Foreign Exchange has built its business with no outside investment.

Commonwealth Foreign Exchange Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11992Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Paul Vierck

Paul Vierck is the Managing Director at Commonwealth Foreign Exchange.

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Customers

Commonwealth Foreign Exchange serves 4K customers.

Commonwealth Foreign Exchange Employees & Team Size

Commonwealth Foreign Exchange employs approximately 32 people as of 2026. It serves 4K customers that rely on its solutions.

Commonwealth Foreign Exchange Team GrowthReported headcount over time08152330381992199419961998200020022004200620082010201220142016201820202021003232Source: GetLatka.com
YearMilestone
2021Reached 32 employees (April 2021)

Frequently Asked Questions about Commonwealth Foreign Exchange

What is Commonwealth Foreign Exchange's revenue?

Commonwealth Foreign Exchange generates $721.1K in revenue.

Who founded Commonwealth Foreign Exchange?

Commonwealth Foreign Exchange was founded by Paul Vierck.

Who is the CEO of Commonwealth Foreign Exchange?

The CEO of Commonwealth Foreign Exchange is Paul Vierck.

How much funding does Commonwealth Foreign Exchange have?

Commonwealth Foreign Exchange raised $0.

How many employees does Commonwealth Foreign Exchange have?

Commonwealth Foreign Exchange has 32 employees.

Where is Commonwealth Foreign Exchange headquarters?

Commonwealth Foreign Exchange is headquartered in San Mateo, California, United States.

Compare Commonwealth Foreign Exchange to the industry

Commonwealth Foreign Exchange operates across multiple industries. Browse revenue, funding, and growth data for Commonwealth Foreign Exchange in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Commonwealth Foreign Exchange Revenue 2021: $721.1K ARR