Tech Company Financing Transactions
Travel Wallet Funding Round
Travel Wallet, operating out of Seoul, secured $10 million from Lightspeed Venture Partners.
Transaction Overview
Company Name
Announced On
6/21/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Lightspeed Venture Partners (Pinn Lawjindakul)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
12F, Spark Plus Seolleung 2nd Branch, 418 Teheran-ro, Gangna
Seoul, Undisclosed
South Korea
Seoul, Undisclosed
South Korea
Phone
Undisclosed
Website
Email Address
Overview
Travel Wallet is a fintech company that provides foreign currency payment, exchange, and remittance services. In 2019, it attracted attention by introducing an innovative mobile currency exchange service with the lowest fees in the industry through the Travel Wallet app, and became the first Asian startup to obtain a Visa card issuance license. In 2021, we hope to once again present a new paradigm in the foreign currency payment market with Travel Pay.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kim Hyeong-woo
Browse more venture capital transactions:
Prev: 6/21/2024: iGii venture capital transaction
Next: 6/21/2024: Backstroke venture capital transaction
Share this article
News on VC Transactions
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs