About Devisenwerk
Devisenwerk is a Financial Services company based in Lachen (Switzerland) founded in 2015, and was acquired by TransferMate in December 2018. Cross-border remittances are enabled online for individuals and businesses. It operates in the Financial Services and Technology sectors. The company was acqui-hired. Its focus areas include FinTech, Digital Remittance, Internet First Platforms and Diversified. Its competitors include Centi, Islamic Coin and Billte; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Lachen, Switzerland
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website devisenwerk.ch
- Social LinkedIn
- Acquired by TransferMate (Dec 2018)
- Investors
- Acquired byTransferMate
(Dec 2018)
Investors in Devisenwerk
Devisenwerk has secured backing from 1 investor. Prominent investors backing the company include TransferMate.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
International B2B payments and receivables are processed globally. | 2010 | transfermate.com | Kilkenny, Ireland |
Investor details for Devisenwerk
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Timeline of Devisenwerk
2 dated milestones of Devisenwerk across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Devisenwerk is founded.
- Exit Acquired by TransferMate.
Competitors of Devisenwerk
Devisenwerk has 3 listed competitors in our database, 3 of them funded. They include Centi, Islamic Coin and Billte.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| centi.ch | 2020 | Zurich, Switzerland | $1.97M | POS terminals are supplied for cryptocurrency payments at merchant outlets. | ||
| islamiccoin.net | 2021 | Zug, Switzerland | $200M | Internet-first currency exchange platform | ||
| billte.ch | 2017 | Adliswil, Switzerland | $453,856 | Invoice management solutions are delivered for businesses via multiple channels. |
Detailed competitors of Devisenwerk
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Frequently Asked Questions about Devisenwerk
Devisenwerk was founded in 2015.
Devisenwerk is headquartered in Lachen, Switzerland. It is registered at Lachen, Schwyz, Switzerland.
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.
Devisenwerk's top competitors include Centi, Islamic Coin and Billte.
Devisenwerk has 1 investor. Key investors include TransferMate.
Yes. Devisenwerk was acquired by TransferMate in December 2018.