How much funding has Weswap raised?

Weswap has raised $18.2M in total funding, most recently a Series B round.

Who are Weswap's investors?

Weswap's investors include IW Capital, Accel.

Where is Weswap headquartered?

Weswap is headquartered in London, United Kingdom.

What industry is Weswap in?

Weswap operates in Fintech, Travel & Hospitality.

Weswap

The People's Currency Exchange

London, United Kingdom · Founded 2013 · $18.2M raised

Fintech

Travel & Hospitality

Headquarters: London
Founded: 2013
Business Model: B2C
Website: weswap.com

Total Funding: $18.2M
Last Round: $10.7M Series BSep 2017
Rounds: 2

About

WeSwap was a London-based peer-to-peer currency exchange platform founded in 2013 by Jared Jesner and Simon Sacerdoti that matched travellers heading in opposite directions to swap travel money directly at the interbank rate. Users accessed the service via a mobile app and Mastercard-powered prepaid card, supporting 18 currencies and enabling spending in over 150 countries. At its peak WeSwap processed over £250 million in swapped currency and attracted over 300,000 users, positioning itself as a leading high-growth UK fintech. The company ceased trading in October 2024 after its payment services provider Manigo Services entered administration.

Summary

Weswap is a Fintech company based in London, United Kingdom, founded in 2013. It has raised $18.2M in total across 2 rounds, most recently a $10.7M Series B round in Sep 2017. Investors include IW Capital and Accel.