Rewire, a Tel Aviv-based neobank, has raised more than $20m in funding for an expansion of its financial services app tailored to the needs of expatriate workers across Asia. The fintech start-up, which specialises in cross-border online banking services said the Series B funding round of $20m will consolidate its growth in South-East Asia, in particular. The funding effort, which was led by OurCrowd, attracted investments from Jerry Yang, the former Yahoo! CEO and director at Alibaba, among others. Rewire reported it now has counts 230,000 users from China, the Philippines, India ...
To continue reading this article...
Join International Investment
Signup and gain exclusive members-only insights
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
