Today, WeSwap, the prize-winning peer-to-peer money exchange system, introduces that in tandem with the launch of a ₤ 2.3 million financing round on leading financial investment system Seedrs, it has actually struck 500,000 individuals. This raising will certainly sustain the Collection B financial investment round led by IW Resources, WeSwap’s lead financier, that has actually spent an added ₤ 3.7 million in the traveling cash startup, consisting of ₤ 1.7 countless equity in this round.
Today’s information adheres to the firm striking an astonishing ₤ 250 million in worldwide money traded on the system considering that its launch in 2015, making the firm the very first peer-to-peer traveling cash fintech in the UK to do so. With honor victories consisting of Ideal Traveling Cash Company at the 2018 as well as 2019 British Financial Institution Honors, the fintech front jogger has actually strongly sealed its function as one of the UK’s leading study for scale-up development, strengthening a dedicated as well as ever-expanding individual base whilst preserving the side on item technology as well as individual experience.
WeSwap remains to strike impressive turning points considering that its launch– currently, the money exchange system has more than 30 traveling sector collaborations, in addition to reservation circulation combinations with on-line traveling companions as well as many cutting-edge travel-money items consisting of:
- A WeSwap pre-paid traveling card
- Card settlements as well as withdrawals in over 195 nations as well as areas
- Price tracker
- Smart Swap (where an individual can pre-select a currency exchange rate at which they wish to carry out a money exchange)
- Following day Traveling Money shipment
- Buyback solution
This is WeSwap’s 3rd raising on Seedrs, having actually formerly drawn in over ₤ 3.5 m from 3,868 capitalists.
Jared Jesner, Chief Executive Officer as well as Creator of WeSwap commented: “We have an exceptionally devoted as well as involved individual base, something we’re genuinely happy with as well as will certainly remain to honour with a wonderful solution. We are happy to open this most recent round of financing, supplementing a collection of financial debt, equity as well as personal financial investment paths that have actually assisted us in accomplishing some fantastic turning points that we’re truly happy with. This most recent round will certainly enable us to introduce a variety of brand-new WeSwap item advancements as well as broaden right into Asia.”
For more details, please see: www.seedrs.com/weswap3
