OurCrowd Leads Funding Round in Neobank Rewire's $20 Million Series B

March 2, 2021 @ 9:27 am By JD Alois
Rewire, a digital banking startup that is targeting cross-border banking services has announced a $20 million Series B funding round. The round was lead by leading global crowdfunding platform
OurCrowd and also included a line of credit from an undisclosed bank.
According to a release, Rewire’s mission is to empower migrants with digital financial services. The additional capital will enable the Fintech to enhance its product portfolio and services, as well as its strategic partnerships in various countries.
New investors in the round include Renegade Partners, Glilot Capital Partners, and Jerry Yang, former Yahoo! CEO and director at Alibaba, through AME Cloud Ventures. Current investors who participated include Viola Fintech, BNP Paribas through their VC fund Opera Tech Ventures, Moneta Capital, as well as private angel investors.

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