South Korean fintech startup Travel Wallet has raised $10 million in a new funding round led by Lightspeed. This marks Travel Wallet's first global venture capital investment and Lightspeed's first foray into the Korean market.
Hyoung-woo Kim, chief executive, said in a statement that Travel Wallet planned to "aggressively pursue international expansion" with the support of Lightspeed. To this end, the company has established local subsidiaries in the United States and Japan, and expansion will begin as early as the second half of this year.
Fintech firm Travel Wallet raises $10 million, led by Lightspeed
2024-06-20 09:54:45
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