About Devisenwerk
Devisenwerk is a company based in Lachen (Switzerland) founded in 2015 was acquired by TransferMate in December 2018.. Devisenwerk operates in a competitive market with competitors including Wise, Western Union, InstaReM, Upflow and Centi, among others.
- Headquarter Lachen, Switzerland
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Sectors
Financial ServicesTechnology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
TransferMate
(Dec 18, 2018)
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Funding Insights of Devisenwerk
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Devisenwerk
Devisenwerk has secured backing from 1 investor. Prominent investors backing the company include TransferMate. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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International B2B payments and receivables are processed globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Devisenwerk
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Devisenwerk
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Devisenwerk Comparisons
Competitors of Devisenwerk
Devisenwerk operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wise, Western Union, InstaReM, Upflow and Centi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled for individuals and businesses via apps.
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| domain | founded_year | HQ Location |
Provider of remittance services
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| domain | founded_year | HQ Location |
Cross-border money transfers are facilitated for individuals and businesses.
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| domain | founded_year | HQ Location |
SaaS solutions for accounts receivables management are delivered to businesses.
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| domain | founded_year | HQ Location |
POS terminals are supplied for cryptocurrency payments at merchant outlets.
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| domain | founded_year | HQ Location |
Internet-first currency exchange platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Devisenwerk
Frequently Asked Questions about Devisenwerk
When was Devisenwerk founded?
Devisenwerk was founded in 2015.
Where is Devisenwerk located?
Devisenwerk is headquartered in Lachen, Switzerland. It is registered at Lachen, Schwyz, Switzerland.
What does Devisenwerk do?
Devisenwerk was founded in 2015 in Lachen, Switzerland, as an online platform in the fintech sector focused on remittances. Cross-border money transfers are facilitated for individuals and businesses worldwide. Services include global accounts, accounts receivable management, and foreign exchange solutions tailored for business operations across international markets.
Who are the top competitors of Devisenwerk?
Devisenwerk's top competitors include Wise, Western Union and InstaReM.
Who are Devisenwerk's investors?
Devisenwerk has 1 investor. Key investors include TransferMate.
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