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OPPORTUNITIES AT REDEMPTIVE VENTURES

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Pangea
Pangea
pangea.io

Locations

San Francisco, CA, USA · San Diego, CA, USA

industry

Finance

Size

11-50 employees

Stage

Other

founded in

2021

Pangea’s AI platform helps global companies to minimize losses and risks due to fluctuating foreign exchange (FX) currency rates. As foreign exchange currency rates fluctuate, international revenue and expenses can be dramatically impacted. This can increase losses, make forecasting more difficult, and impact the compensation of foreign teams. In the past, international companies could only address this issue by hiring expensive FX hedging teams or consultants. Pangea simplifies the hedging process using artificial intelligence and automation. Now any company or organization can start hedging to control their foreign exchange costs and risks.

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