About RemitWisely
RemitWisely was founded in 2016 in Melbourne, Australia, as an online platform in the fintech sector focused on international remittances. Transfers are supported from Australia to more than 200 countries using 50 currencies, with recipients able to collect funds directly into bank accounts or through cash agents. Two transfer methods are offered: priority options via the SWITCH network for faster processing, and regular routes through local bank partnerships.
- Headquarter Melbourne, Australia
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Sectors
Financial Services
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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
Peppermint Innovation
(Mar 16, 2018)
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Funding Insights of RemitWisely
| 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 RemitWisely
RemitWisely has secured backing from 1 investor. Prominent investors backing the company include Peppermint Innovation. 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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Proprietary mobile banking technology is commercialized for financial institutions.
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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 RemitWisely
| 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 - RemitWisely
| 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 |
Remitwisely Comparisons
Competitors of RemitWisely
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about RemitWisely
When was RemitWisely founded?
RemitWisely was founded in 2016.
Where is RemitWisely located?
RemitWisely is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
What does RemitWisely do?
RemitWisely was founded in 2016 in Melbourne, Australia, as an online platform in the fintech sector focused on international remittances. Transfers are supported from Australia to more than 200 countries using 50 currencies, with recipients able to collect funds directly into bank accounts or through cash agents. Two transfer methods are offered: priority options via the SWITCH network for faster processing, and regular routes through local bank partnerships.
Who are RemitWisely's investors?
RemitWisely has 1 investor. Key investors include Peppermint Innovation.