The landmark Hodge House in the centre of Cardiff has secured another tenant following a £10m refurbishment by its owner in Legal & General.
Expanding fintech firm Currencycloud joins medtech company Intelligent Ultrasound in the Portland stone facade listed building, which was built in 1915.
Currencycloud, which provides a global payments platform servicing banks, financial institutions and fintech firms globally, has taken a 10-year lease on a 6,586 sq ft office suite on the fifth floor of the building.
It is moving from a number of serviced offices in Cardiff.
Launched in 2012, Currencycloud also has offices in New York, and Amsterdam. It has processed more than $65bn to over 180 countries.
Last month Alternative Investment Market listed Intelligent Ultrasound confirmed it was leasing 7,188 sq ft on the building’s sixth floor.
Anouska Streets, head of platform engineering at Currencycloud, said: “We're excited to be moving into Hodge House and building our presence as part of the local Cardiff fintech community. Cardiff, and Wales, are cementing their place as a hub for nurturing great tech talent and enabling the fintech ecosystem.
"We look forward to expanding our team locally as we grow in the future.”
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Andrew Mercer, office sector lead at L&G Investment Management Real Assets said: “I am delighted to welcome our new occupiers Currencycloud to Hodge House, representing our second letting at the newly refurbished office space in a month.
"Despite the backdrop of the coronavirus pandemic, these lettings are not only testament to the building, but the continued need for high-quality office spaces in excellent locations.”
Hodge house is being jointly marketed by Fletcher Morgan and Knight Frank. Currencycloud were advised on the letting by Crossland Otter Hunt.
Nick Sinclair of Crossland Otter Hunt said: “Currencycloud wanted a long-term home in which it could attract the very best possible talent and continue to grow in the coming years.
"On their behalf we looked at every relevant office in Cardiff and it was clear Hodge House was the right choice with an excellent working environment in a characterful building in the centre of Cardiff.”
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John James, director at Fletcher Morgan, said: "Hodge House is incredibly exciting redevelopment and there is no other building of this quality in Cardiff which combines so much character with efficient space.”
Matt Phillips, head of the Cardiff office of Knight Frank said: “This second deal at Hodge House in such a short time clearly demonstrates that, despite the current environment, Grade A quality office space maintains its attraction to forward-looking companies.”