# Moneyplex

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/moneyplex

- Industry: Software
- Headquarters: Seongnam, South Korea
- Website: www.cointravit.com
- Latest round: Seed (Nov 1, 2023)
- Investors on record: 2

## About

Based in Seongnam, South Korea, and founded in 2017, CoinTravIT Corp., doing business as Moneyplex, offers unmanned kiosks that perform foreign currency exchange services. In July 2023, CoinTravIT Corp. raised venture funding from Newborn Ventures. As of July 2023, the company CEO is Lee Jong-sun.

CoinTravIT Corp. provides the Moneyplex platform, which allows users to convert or contribute foreign currency coins or bills from 16 countries into gift certificates, points, or electronic payment methods via unmanned kiosks deployed at partner businesses such as E-Mart and Hana Bank. The company also offers a mobile application for currency exchange and remittances. The firm process involved verifying ID by automatic scanning after checking the exchange rate at the kiosk. In addition, the company installs kiosks at various places.

## Funding rounds

- Seed, Nov 1, 2023 — KB Investment, Korea Tech Incubator for Startup

## Investors

- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Seed
- Korea Tech Incubator for Startup — Seed