# Travel Wallet Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/travel-wallet-co

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.travel-wallet.com
- Total disclosed funding: $50M
- Latest round: Series D (Oct 16, 2025)
- Investors on record: 19

## About

Founded in 2017 and based in Seoul, South Korea, Travel Wallet operates a foreign currencies exchange mobile app that provides exchange, payment, and transfer services. As of 2023, the company is led by its CEO Kim Hyung-woo. In October 2025, Travel Wallet Co., Ltd. raised approximately KRW 16.1 billion in series D funding led by returning investor Kiwoom Investment, with participation from another returning investor Hanwha Investment & Securities. The company plans to use the October 2025 funding to improve its system and expedite its global expansion plans.

## Funding rounds

- Series D, Oct 16, 2025, $11M — Kiwoom Investment, Hanwha Investment & Securities
- Series C, Feb 20, 2023, $15M — Smilegate Investment, CJ Investment, BNK Securities, SK Securities, Golden Oak Investment
- Series B, Nov 4, 2021, $16M — Korea Development Bank, Shinhan Venture Investment, Shinhan Capital, Kiwoom Investment, SU&Financial Investment, Seoul Technology Holdings, Hanwha Investment & Securities, SK Securities
- Series A, Jul 13, 2020, $6.3M — IBK Securities, Kiwoom Investment, Bass Ventures, Intops Investment, Seoul Technology Holdings, E & Venture Partners, Dunamu & Partners
- Seed, Jan 28, 2019, $0.8M — Kakao Ventures, Bass Ventures, Seoul Technology Holdings, Dunamu & Partners
- Seed, Nov 1, 2018 — Kakao Ventures, Korea Tech Incubator for Startup

## Investors

- Kakao Ventures (https://capitalatlas.ai/funds/kakao-ventures) — Seed
- Korea Tech Incubator for Startup — Seed
- Bass Ventures (https://capitalatlas.ai/funds/bass-ventures) — Seed, Series A
- Seoul Technology Holdings (https://capitalatlas.ai/funds/seoul-technology-holdings) — Seed, Series A, Series B
- Dunamu & Partners (https://capitalatlas.ai/funds/dunamu-partners) — Seed, Series A
- IBK Securities (https://capitalatlas.ai/funds/ibk-securities) — Series A
- Kiwoom Investment (https://capitalatlas.ai/funds/kiwoom-investment) — Series A, Series B, Series D
- Intops Investment (https://capitalatlas.ai/funds/intops-investment) — Series A
- E & Venture Partners (https://capitalatlas.ai/funds/e-venture-partners-2) — Series A
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series B
- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series B
- Shinhan Capital (https://capitalatlas.ai/funds/shinhan-capital) — Series B
- SU&Financial Investment (https://capitalatlas.ai/funds/su-financial-investment) — Series B
- Hanwha Investment & Securities (https://capitalatlas.ai/funds/hanwha-investment-securities) — Series B, Series D
- SK Securities — Series B, Series C
- Smilegate Investment (https://capitalatlas.ai/funds/smilegate-investment) — Series C
- CJ Investment (https://capitalatlas.ai/funds/cj-investment) — Series C
- BNK Securities (https://capitalatlas.ai/funds/bnk-securities) — Series C
- Golden Oak Investment (https://capitalatlas.ai/funds/golden-oak-investment) — Series C