Blackstone to invest $184m in Palamon Capital and Corsair-backed Currencies Direct.

Blackstone agreed to invest $184m in Palamon Capital and Corsair-backed Currencies Direct, a provider of foreign exchange and payment services. “We are pleased to welcome Blackstone as a strategic investor alongside our long-term partners Palamon and Corsair. We are confident Blackstone’s expansive resources and expertise will help fuel our growth as we build on our significant momentum. Together with Palamon and Corsair, we have built a successful, sustainable, and innovative business with the knowledge, technology, and global footprint required to deliver best-in-class digital FX and international payment services," Keith Hatton, Currencies Direct CEO.