About Travel Wallet
Travel Wallet is a company based in Seoul (South Korea) founded in 2018. Travel Wallet has raised $31.33 million across 6 funding rounds from investors including Lightspeed Venture Partners, B&K Securities and SK Securities. Travel Wallet offers products and services including Travel Wallet App, Prepaid Card, and Social Payment Feature. Travel Wallet operates in a competitive market with competitors including Orange Square and Timonet, among others.
- Headquarter Seoul, South Korea
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Sectors
Financial Services
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Travel Wallet Co., Ltd.
- Jurisdiction Na, Maharashtra, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$31.33 M (USD)
in 6 rounds
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Latest Funding Round
$10 M (USD), Series C
Jun 20, 2024
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Investors
Lightspeed Venture Partners
& 12 more
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Employee Count
Not available
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Products & Services of Travel Wallet
Travel Wallet offers a comprehensive portfolio of products and services, including Travel Wallet App, Prepaid Card, and Social Payment Feature.
App for charging and managing multiple currencies for travel payments.
Card for contactless international transactions and ATM withdrawals.
Tool for easy group settlements and currency sharing among users.
Funding Insights of Travel Wallet
Travel Wallet has successfully raised a total of $31.33M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in June 2024. 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 Travel Wallet
Travel Wallet has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, B&K Securities and SK Securities.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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VC firm investing in geographies such as South Korea
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Private equity investment firm focused on buyouts
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Investor details for Travel Wallet
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Travel Wallet
Investment portfolio details for Travel Wallet
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Travel Wallet
Detailed financials for Travel Wallet
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- Profit trends
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Travel Wallet Comparisons
Peer comparison for Travel Wallet
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Travel Wallet
Travel Wallet 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 Orange Square and Timonet, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Kiosk-based foreign currency exchange and prepaid card services are offered.
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Offers mobile payment solutions, traffic card apps, and immersive art experiences.
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Detailed competitors of Travel Wallet
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Latest news on Travel Wallet
Complete news archive for Travel Wallet
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Frequently Asked Questions about Travel Wallet
Travel Wallet was founded in 2018.
Travel Wallet is headquartered in Seoul, South Korea.
Travel Wallet is a funded company, having raised a total of $31.33M across 6 funding rounds to date.
Travel Wallet was founded in 2018 in Seoul, South Korea, as a mobile-based platform in the fintech sector. Foreign currency solutions are provided, including exchange, payments, and transfers focused on Asian currencies like the Thai baht and Vietnamese dong. Charges are applied to a prepaid card, with real-time exchange rates and fluctuation graphs accessible. The Android app supports these operations for users managing international transactions.
Travel Wallet's top competitors include Orange Square and Timonet.
Travel Wallet offers Travel Wallet App, Prepaid Card, and Social Payment Feature.
Travel Wallet has 13 investors. Key investors include Lightspeed Venture Partners, B&K Securities, SK Securities, Atinum Investment, and Smile Gate Investment.