About WyWallet
WyWallet is a company based in Stockholm (Sweden) founded in 2011 was acquired by PayEx in April 2015.. WyWallet offers products and services including Educational Articles and Guides. WyWallet operates in a competitive market with competitors including MoneyGram, Swish, CarePay, Satocci and Walley, among others.
- Headquarter Stockholm, Sweden
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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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Products & Services of WyWallet
WyWallet offers a comprehensive portfolio of products and services, including Educational Articles and Guides. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Informative pieces on finance and economy topics
Step-by-step advice for managing personal finances
Funding Insights of WyWallet
| 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 |
Investors in WyWallet
WyWallet has secured backing from 1 investor. Prominent investors backing the company include PayEx. 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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Ledger, factoring, and payment solutions are provided for businesses.
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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 WyWallet
| 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 - WyWallet
| 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 |
Wywallet Comparisons
Competitors of WyWallet
WyWallet 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 MoneyGram, Swish, CarePay, Satocci and Walley, 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 payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
An app-based wallet is offered for consumer payments and transfers.
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| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
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| domain | founded_year | HQ Location |
Physical store payments are facilitated by a scan-and-pay banking platform.
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| domain | founded_year | HQ Location |
Provides secure payment options for online and in-store shopping experiences.
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| 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 WyWallet
When was WyWallet founded?
WyWallet was founded in 2011.
Where is WyWallet located?
WyWallet is headquartered in Stockholm, Sweden.
What does WyWallet do?
WyWallet was founded in 2011 in Stockholm, Sweden, as a mobile payment service in the fintech sector. Ownership is held by 4T, a joint venture of operators Telia, Tele2, Telenor, and 3, with oversight from the Swedish Financial Supervisory Authority. Core operations include peer-to-peer money transfers, online shopping, SMS-based purchases, prepaid card recharges, and sales via app or computer interfaces. The service is accessible through mobile downloads on wywallet.se.
Who are the top competitors of WyWallet?
What products or services does WyWallet offer?
WyWallet offers Educational Articles and Guides.
Who are WyWallet's investors?
WyWallet has 1 investor. Key investors include PayEx.
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