Rewire by Remitly

Tel Aviv, Israel Acquired By Remitly
International money transfers are facilitated from Israel with Rewire.
Annual revenue - Latest available
Total funding $57.0M 4 rounds
Employees - Tracked headcount
Investors 17 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Rewire by Remitly

Rewire by Remitly is a company based in Tel Aviv (Israel) was acquired by Remitly in August 2022. It operates as a FinTech and Commission-Based. Rewire by Remitly has raised $57 million across 4 funding rounds from investors including OurCrowd, Remitly and BNP Paribas. Rewire by Remitly has completed 1 acquisition, including Imagen Cards. Rewire by Remitly offers products and services including International Money Transfer and Rewire Card. Rewire by Remitly operates in a competitive market with competitors including Wise, CurrencyFair, Remessa Online, TransferGo and Western Union, among others.

  • Headquarter Tel Aviv, Israel
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Rewire Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $57 M (USD)

    in 4 rounds

  • Latest Funding Round
    $25 M (USD), Series B

    Feb 08, 2022

  • Investors
    OurCrowd

    & 16 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Remitly

    (Aug 16, 2022)

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Products & Services of Rewire by Remitly

Rewire by Remitly offers a comprehensive portfolio of products and services, including International Money Transfer and Rewire Card.

Product name locked
Category locked
Primary

Money is transferred internationally with zero sending fees.

Product name locked
Category locked
Locked

Salary is received and sent home via card.

People of Rewire by Remitly

Headcount 50-200
Employee Profiles 38
Employee Profiles
People
Guy Kashtan
Co-Founder and CEO
People
Guy Badichi Bar
GM Israel, COO
People
Adi Ben Dayan
Co-Founder, VP R&D
People
Shenhav Yehuda
VP, Marketing

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Funding Insights of Rewire by Remitly

Rewire by Remitly has successfully raised a total of $57M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in February 2022. 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.

Investors in Rewire by Remitly

Rewire by Remitly has secured backing from 17 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include OurCrowd, Remitly and BNP Paribas.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Limited information is provided about Glilot's activities.
Locked Locked Locked
Investments are made in early-stage technology companies globally.
Locked Locked Locked
Investments are directed by Moneta toward data science technology startups.
Locked Locked Locked
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Investor details for Rewire by Remitly

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Rewire by Remitly

Rewire by Remitly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Imagen Cards.

Investments
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Investment portfolio details for Rewire by Remitly

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Reloadable prepaid cards are provided internationally for consumer use.
Locked Locked 2005 Locked
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Complete acquisition details for Rewire by Remitly

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Rewire by Remitly

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Detailed financials for Rewire by Remitly

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  • Historical revenue
  • Profit trends
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Rewire By Remitly Comparisons

Rewire by Remitly Primary company
Description
International money transfers are facilitated from Israel wi...
Location
Tel Aviv, Israel
Founded Year
-
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Rewire by Remitly

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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  • Operating benchmarks

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Competitors of Rewire by Remitly

Rewire by Remitly 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, CurrencyFair, Remessa Online, TransferGo and Western Union, among others.

Company Name Domain Founded year HQ Location Description
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Cross-border remittances are enabled for individuals and businesses via apps.
Locked Locked Locked
Cross-border money transfers are enabled through CurrencyFair's platform.
Locked Locked Locked
International payments are enabled online for consumers and businesses.
Locked Locked Locked
Cross-border remittances are enabled for consumers and businesses.
Locked Locked Locked
Provider of remittance services
Locked Locked Locked
Cross-border remittance solution
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Detailed competitors of Rewire by Remitly

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Rewire By Remitly

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Complete news archive for Rewire by Remitly

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Rewire by Remitly

Rewire by Remitly is headquartered in Tel Aviv, Israel.

Rewire by Remitly is a funded company, having raised a total of $57M across 4 funding rounds to date.

International money transfers are provided by Rewire by Remitly from Israel to over 130 countries worldwide. Services are offered with zero sending fees and competitive exchange rates. Solutions include bank transfers, cash pickups, and digital wallet transfers. The Rewire Card is also provided for salary deposits and direct transfers. The financial sector is primarily targeted, focusing on secure and fast transactions for migrants and individuals managing finances internationally.

Rewire by Remitly's top competitors include Wise, TransferGo and Remessa Online.

Rewire by Remitly offers International Money Transfer and Rewire Card.

Rewire by Remitly has made 1 acquisition, including Imagen Cards.

Rewire by Remitly has 17 investors. Key investors include OurCrowd, Remitly, BNP Paribas, Standard Bank, and Bank Hapoalim.

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