South Korean fintech startup Travel Wallet has raised $10 million in a new funding round, with Lightspeed leading the investment. This marks Travel Wallet’s first global venture capital funding and Lightspeed’s entry into the Korean market. CEO Hyoung-woo Kim stated in a statement that Travel Wallet plans to “actively seek international expansion” with the support of Lightspeed. To achieve this, the company has established local subsidiaries in the United States and Japan, with expansion set to begin in the second half of this year.
Travel Wallet a financial technology company secures 10 million in funding with Lightspeed as the lead investor
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Travel Wallet a financial technology company secures 10 million in funding with Lightspeed as the lead investor