Korea South
Travel Wallet is a fintech company offering foreign currency payment, exchange, and remittance services. The company gained attention in 2019 by introducing innovative mobile currency exchange services with the lowest industry fees through the Travel Wallet app. It became the first Asian startup to obtain a visa card issuance license. In 2021, Travel Wallet aims to present a new paradigm in the foreign currency payment market with Travel Pay.
Travel Pay highlights:
- 24-hour domestic/international foreign currency recharge
- 0% commission for USD, JPY, EUR exchange (0.5%~2.5% for other currencies)
- No card fees for all foreign currency payments
- Usable at 80 million VISA online and offline merchants worldwide
- Exclusive travel/overseas shopping discounts for Travel Wallet
Founded in 2017 and headquartered in South Korea, the company received a $10.00M Venture Round investment on 20 June 2024 from Lightspeed Venture Partners.
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