# HiWi Pay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hiwi-pay

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.hiwipay.com
- Total disclosed funding: $2M
- Latest round: Seed (Feb 26, 2025)
- Investors on record: 1

## About

Based in Telangana, India, and founded in 2022 by co-founders Dewang Neralla, Geeta Chauhan, and Ujwal Tamminedi, HiWi Forex Transaction Services Private Limited, doing business as HiWi Pay, operates as a fintech company providing a cross-border remittance platform for exchanging remittances for students studying abroad. In February 2025, HiWi Pay raised USD 2 million in seed funding led by returning investor Unicorn India Ventures, participation from new investors Dewang Neralla's family office and Jupiter Metaverse LLP. Individual investors also participated in the round. HiWi Pay develops a financial platform for students to send money globally with security to remittance services and receive money as well. The company offers users a loan provider for educational support in foreign countries and debit cards linked to the local banking system. In addition, the firm provides support to education partners with fintech solutions such as generating payment links, reports of transactions, reconciliation, and settlement. The company will utilize the February 2025 funding to develop its activities in the education remittances industry and to improve and grow the trade remittance business.

## Funding rounds

- Seed, Feb 26, 2025, $2M — Unicorn India Ventures

## Investors

- Unicorn India Ventures (https://capitalatlas.ai/funds/unicorn-india-ventures) — Seed