Rewire is a fintech startup that develops cross-border online banking solutions for migrants worldwide.
Rewire is a fintech startup that develops cross-border online banking solutions to provide the accessibility of financial services to migrants.
The company's customer base includes migrated immigrants from Europe from over 20 countries in Asia and Africa such as the Philippines, Nigeria, India, Thailand, and China. With the help of technology, strategic partnerships, and values of equality, inclusivity, and social good, Rewire is able to provide financial services to make immigrants feel at home by integrating banking services into its platform and provide global accounts to its customers. To boost its cross-border solution, besides offering remittance services, payment accounts, and debit cards, Rewire plans to add new value-added services to its platforms such as bill payments and insurance, in addition to credit and loan services, investments, and savings. With these services, Rewire is able to make its first-rate financial services more accessible to migrants and, thus, include them in the financial systems. Investors OurCrowd, Renegade Partners, Glilot Capital Partners, AME Cloud Ventures, Viola Fintech, BNP Paribas, and Moneta Capital backs the fintech startup.
Rewire was founded by Guy Kashtan, Saar Yahalom, Adi Ben Dayan, and Or Benoz in Tel Aviv, Tel Aviv in 2015.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 8, 2022 | Series Unknown | $25M | 11 | Migdal Insurance and Financial Holdings | — | Detail |
Oct 25, 2021 | Non-Equity Assistant | — | 1 | Google for Startups | — | Detail |
Mar 2, 2021 | Series B | $20M | 8 | OurCrowd | — | Detail |
Mar 25, 2019 | Series A | $12M | 7 | Viola FinTech | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Migdal Insurance and Financial Holdings | Yes | Series Unknown |
Google for Startups | Yes | Non-Equity Assistant |
OurCrowd | — | Series Unknown |
BNP Paribas | — | Series Unknown |
Glilot Capital Partners | — | Series Unknown |
Jerry Yang | — | Series Unknown |
Moneta VC | — | Series Unknown |
Opera Tech Ventures | — | Series Unknown |
Renegade Partners | — | Series Unknown |
Standard Bank | — | Series Unknown |