What is Rewire?
Founded in 2015 and headquartered in Tel Aviv, Rewire operates at the intersection of mobile-first financial services and international payment processing. The company provides a comprehensive suite of digital banking solutions tailored for both business-to-business and consumer-facing markets. By focusing on the complexities of cross-border remittances and credit card processing, Rewire addresses the friction inherent in global financial mobility. Its platform serves as a vital conduit for users requiring seamless, secure, and efficient transaction capabilities, positioning the firm as a key innovator in the fintech space. The company's ability to scale its operations across diverse geographic regions highlights its technical agility and deep understanding of international regulatory and financial requirements.
How much funding has Rewire raised?
Rewire has raised a total of $34.5M across 3 funding rounds:
Series A
$12M
Series B
$20M
Unspecified
$2.5M
Series A (2019): $12M with participation from Viola Fintech
Series B (2021): $20M led by OurCrowd
Unspecified (2022): $2.5M supported by Opera Tech Ventures, Standard Bank of South Africa, BNP Paribas, and Migdal
Key Investors in Rewire
Opera Tech Ventures
A corporate venture capital arm focused on investing in innovative fintech startups that align with digital transformation goals.
Standard Bank of South Africa
A major financial institution providing banking and financial services, with a strategic interest in scaling digital payment infrastructure across Africa and beyond.
BNP Paribas
A leading global banking group that invests in high-growth financial technology companies to enhance its digital service capabilities and international reach.
What's next for Rewire?
With the recent influx of capital, Rewire is well-positioned to accelerate its product development roadmap and expand its footprint in emerging markets. The strategic focus will likely shift toward enhancing its proprietary transaction engine and deepening its integration with global banking partners to reduce latency and costs for end-users. As the company matures, the emphasis will remain on scaling its B2B offerings while maintaining the user-centric design that has defined its consumer-facing mobile application. This phase of development is critical for establishing long-term market dominance in the competitive cross-border payment sector, ensuring that Rewire remains at the forefront of the digital financial revolution.
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