Weswap

Weswap is a fintech company in London, United Kingdom, founded in 2013. It has raised $18.2M across 3 rounds, most recently an Equity Crowdfunding in August 2019.

The People's Currency Exchange

Headquarters
London
Founded
2013
Business Model
B2C
Website
weswap.com
Total Funding
$18.2M
Last Round
Equity CrowdfundingAug 2019
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 3 funding rounds and 2 investors for this company. The full record is or through the API.

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

It has raised $18.2M in total across 3 rounds, most recently a Equity Crowdfunding round in Aug 2019. Investors include IW Capital and Accel.

Funding History

Data from Indexed.vcUpdated
Equity CrowdfundingEquity CrowdfundingAug 2019

Sign up to see all 3 events

Funding: Series A through Equity Crowdfunding. Amounts, valuations, and investors where available.

Investors

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