Coowry

London, United Kingdom Founded: 2014 • Age: 12 yrs
App-based wallet for consumers

About Coowry

Coowry is a Financial Services company based in London (United Kingdom) founded in 2014. It operates as an app-based wallet for consumers. Coowry has raised $1.06 million across 1 funding round from investors including Swanlaab and Breega. The company has 3 employees. Coowry offers products and services including Coowry Mobile Service. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Its legal entity is COOWRY LTD. Its competitors include MoneyGram, CarePay, Fazil, Waylet and Lana and 3 more; 4 of its 8 listed competitors have raised funding.

Company details

Coowry was established in 2014 in London, United Kingdom, within the fintech sector. An app-based wallet is provided to consumers, enabling account creation for various services. These include money transfers, bill payments, and mobile recharges, among others. The platform operates on iOS and Android devices, supporting everyday financial transactions in the region.

  • Headquarters London, United Kingdom
  • Employees 3
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website coowry.com
  • Social LinkedIn X Facebook
  • Legal Name Coowry Ltd
  • Date of Incorporation 10 May, 2013
  • Jurisdiction LONDON, UNITED KINGDOM
Key Metrics
  • Total Equity Funding
    $1.06M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.06M (USD), Seed

    Feb 2017

  • Investors
    Swanlaab

    & 1 more

  • Employee Count
    3

Products & Services of Coowry

Coowry offers a comprehensive portfolio of products and services, including Coowry Mobile Service.

Coowry Mobile Service
Digital Payment Platform

Enables users to use mobile devices as currency for secure transactions.

Funding Insights of Coowry

Coowry has successfully raised a total of $1.06M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.06 million completed in February 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.06M
  • Total Rounds 1
  • Last Round Seed β€” $1.06M
  • First Round $1.06M

    (Feb 2017)

  • Investors Count 2

All 1 funding rounds of Coowry with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2017$1.06MSeed–Swanlaab
Valuation history

2 investors in total: 2 institutional.

Investors in Coowry

Coowry has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Swanlaab and Breega.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Tech sectors are invested in by Swanlaab venture capital fund.
–swanlaab.comAlcobendas, Spain
Venture capital firm focused on pre-seed to early-stage investments
–breega.comParis, France
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Investor details for Coowry

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

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People of Coowry

2 people are tracked at Coowry (2 in leadership); the tracked headcount is 3.

NameRoleGroup
Carlos Heredia
COOLeadership
David Moreno
CEOLeadership
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Complete people profiles for Coowry

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  • Team structure
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Timeline of Coowry

2 dated milestones of Coowry across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Coowry is founded.
  2. Funding First funding round of $1.1M.

Competitors of Coowry

Coowry has 8 listed competitors in our database, 4 of them funded. They include MoneyGram, CarePay, Fazil, Waylet and Lana, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
moneygram.com1940Dallas, United States––
Cross-border payments are enabled via wallet solutions for consumers.
carepay.com2015Amsterdam, Netherlands$61.81M–
Provider of a health insurance platform for global insurers
fazilpay.com2018Getxo, Spain$221,471–
Digital wallet for consumer payments and bank transfers is offered.
waylet.es2018Madrid, Spain––
Energy provider offering electricity tariffs, gas supply, solar installations, and vehicle services.
lana.xyz2018Madrid, Spain$12.5M–
Consumer payments are enabled via a digital wallet platform.
ngpay.com2004Bengaluru, India$2.2M–
Multi-category products are offered through an online marketplace.
bizum.es2016Madrid, Spain––
Instant money transfers for payments, donations, and online shopping via mobile.
momopocket.com2013Granada, Spain––
Specialty chemicals are manufactured for construction, agro, and leather sectors.
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Detailed competitors of Coowry

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  • Full competitor set
  • Operating metrics
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Top companies in Payments & Remittance Platforms

10 companies that operate in the same segment as Coowry (Payments & Remittance Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing and on-demand delivery services are aggregated via mobile app.
2012Singapore, Singapore, SingaporeUSD 10.38 BUSD 3.37 B57,733
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 2.81 BUSD 1.05 B39,368
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 BUSD 950.07 M12,265
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B–16,622
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 741.62 MUSD 302.19 M2,850
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.07 B–6,209
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 589.25 MUSD 179.52 M3,670
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Online payment processing and credit solutions are provided for businesses.
2002Amsterdam, North Holland, NetherlandsUSD 35.15 MUSD 5.47 B3,355
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Frequently Asked Questions about Coowry

Coowry was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Coowry is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Coowry is a funded company, having raised a total of $1.06M across 1 funding round to date. The company's 1st funding round was a Seed of $1.06M, raised on Feb 2017.

Coowry has 3 employees.

Coowry was established in 2014 in London, United Kingdom, within the fintech sector. An app-based wallet is provided to consumers, enabling account creation for various services. These include money transfers, bill payments, and mobile recharges, among others. The platform operates on iOS and Android devices, supporting everyday financial transactions in the region.

Coowry's top competitors include MoneyGram, CarePay and Lana.

Coowry offers Coowry Mobile Service.

Coowry has 2 investors. Key investors include Swanlaab, and Breega.

Coowry operates through Coowry Ltd.

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