About Travelex Corporate
Travelex Corporate is a company based in London (United Kingdom) founded in 1976 was acquired by Dr B. R. Shetty in May 2014.. Travelex Corporate operates in a competitive market with competitors including Wise, TransferGo, Western Union, InstaReM and Currencies Direct, among others.
- Headquarter London, United Kingdom
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Travelex Foreign Coin Services Limited
- Date of Incorporation 05 Jan, 1994
- Jurisdiction PETERBOROUGH, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Coinstar
& 3 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Travelex Corporate
| 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 Travelex Corporate
Travelex Corporate has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Coinstar, Standard Chartered and Apax Partners. 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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Equity investments are focused on tech, services, and consumer sectors.
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Founded Year | Domain | Location | |
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Corporate, investment, wealth, and retail banking services are provided globally.
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Founded Year | Domain | Location | |
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Coins are converted to cash and coupons through self-service kiosks.
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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 Travelex Corporate
| 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 - Travelex Corporate
| 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 |
Travelex Corporate Comparisons
Competitors of Travelex Corporate
Travelex Corporate 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, TransferGo, Western Union, InstaReM and Currencies Direct, 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 |
|---|---|---|---|---|
| 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 |
Cross-border remittances are enabled for consumers and businesses.
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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 |
Cross-border remittances are enabled online for individuals and businesses.
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| domain | founded_year | HQ Location |
Multi-currency travel cards are supplied to consumers and businesses.
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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 Travelex Corporate
Frequently Asked Questions about Travelex Corporate
When was Travelex Corporate founded?
Travelex Corporate was founded in 1976.
Where is Travelex Corporate located?
Travelex Corporate is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Travelex Corporate?
Richard Wazacz is the current CEO of Travelex Corporate.
What does Travelex Corporate do?
Travelex Corporate was founded in 1976 and is headquartered in London, United Kingdom. Foreign exchange services are offered by the company within the financial sector, focusing on products that enable simplified access to global currencies for customers. Operations include currency exchange solutions tailored for business and travel needs, with services extending across international markets to support cross-border transactions. Leadership is provided by CEO Richard Wazacz.
Who are the top competitors of Travelex Corporate?
Travelex Corporate's top competitors include Wise, TransferGo and Western Union.
Who are Travelex Corporate's investors?
Travelex Corporate has 4 investors. Key investors include Coinstar, Standard Chartered, Apax Partners, and Mostbet.
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