Hanpass

IPO

Fast, affordable cross-border remittance to 200+ countries

Seoul, South Korea · Founded 2017 · $29.7M raised

Headquarters
Seoul
Employees
11–50
Founded
2017
Business Model
B2C
Total Funding
$29.7M
Last Round
$8.6M Series DMar 2025
Rounds
4

About

Hanpass is a South Korean government-licensed mobile fintech platform specializing in cross-border remittance and payment services. Founded in 2017, the company enables users to send money to 200+ countries in an average of 3 minutes with fees up to 90% lower than traditional banks, powered by a prefunding-based platform. Hanpass focuses on serving foreign workers in Korea and other underbanked populations with relevant financial products, and has expanded into areas such as online foreign stock gift cards. The company is a member of the Korea Internet & Security Agency's fintech ecosystem and leverages RippleNet for international transfers.

Summary

Hanpass is a Fintech company based in Seoul, South Korea, founded in 2017. It has raised $29.7M in total across 4 rounds, most recently a $8.6M Series D round in Mar 2025. Investors include Korea Investment Partners, Industrial Bank of Korea and JB Financial Group.

Funding History

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IPOJan 2026
$17.9M

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Pre-Seed through IPO — per-round amounts, valuations, and who invested in each round.

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