SentBe - About the company
SentBe is a series C company based in Seoul (South Korea), founded in 2015 by Alex Seong-Ouk Choi and Sangyong Jung. It operates as a Cross-border remittance solution. SentBe has raised $24.1M in funding from investors like Stonebridge Capital, Hanwha and SparkLabs. The company has 635 active competitors, including 62 funded and 24 that have exited. Its top competitors include companies like Payoneer, Remitly and Wise.
Company Details
Cross-border remittance solution. Users can receive money through banks, cash pick up, home delivery, etc. It offers a mobile app for iOS and Android platforms.
- Website
- sentbe.com
- Email ID
- *****@sentbe.com
Key Metrics
Founded Year
2015
Location
Seoul, South Korea
Stage
Series C
Total Funding
$24.1M in 5 rounds
Latest Funding Round
Investors
Ranked
12th among 635 active competitors
Employee Count
131 as on Apr 30, 2026
Legal entities associated with SentBe
SentBe is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Sentbe Co., Ltd. CIN: 618-88-00279 , South Korea, Active | Sep 22, 2015 | - | - | - |
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SentBe's funding and investors
SentBe has raised a total funding of $24.1M over 5 rounds. Its first funding round was on Jun 22, 2015. Its latest funding round was a Series C round on Sep 13, 2022 for $*****. 6 investors participated in its latest round. SentBe has 17 institutional investors.
Here is the list of recent funding rounds of SentBe:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 13, 2022 | 7790656 | Series C | 9450599 | 8025570 | 1147041 | 1764238 |
Jan 22, 2019 | 8892826 | Series B | 4945455 | 4651631 | 7869840 | 6491256 |
Sep 26, 2017 | 4496317 | Series A | 8751403 | 3501434 | 2798452 | 8676449 |
View details of SentBe's funding rounds and investors
SentBe's founders and board of directors
Founder? Claim ProfileThe founders of SentBe are Alex Seong-Ouk Choi and Sangyong Jung. Alex Seong-Ouk Choi is the CEO of SentBe.
Here are the details of SentBe's key team members:
- Alex Seong-Ouk Choi: Co-Founder & CEO of SentBe.
- Sangyong Jung: Co-Founder & Chief Innovation Officer of SentBe and founder of 1 other company.
View details of SentBe's Founder profiles and Board Members
SentBe's employee count trend
SentBe has 131 employees as of Apr 26. Here is SentBe's employee count trend over the years:
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SentBe's Competitors and alternates
Top competitors of SentBe include Payoneer, Remitly and Wise. Here is the list of Top 10 competitors of SentBe, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Payoneer 2005, New York City (United States), Public | Provider of cross-border payment solutions for freelancers, businesses, and marketplaces | $269M | 84/100 | |
2nd | Remitly 2011, Seattle (United States), Public | Provider of international money transfer services with multiple delivery options | $436M | 84/100 | |
3rd | Wise 2011, Shoreditch (United Kingdom), Public | Provider of international money transfer and multi-currency | $1.03B | 83/100 | |
4th | Xoom 2001, San Francisco (United States), Acquired | Provider of online service for international money transfers, bill payments | $106M | 76/100 | |
5th | TransferGo 2012, London (United Kingdom), Series C | Cross-border remittance solution for consumers and businesses | $110M | 74/100 | |
6th | Remessa Online 2016, Sao Paulo (Brazil), Acquired | Provider of international money transfer services for individuals and businesses | $21.5M | 73/100 | |
7th | Aspora 2022, London (United Kingdom), Series B | Operator of a platform facilitating international money transfers and related services | $95.5M | 68/100 | |
8th | VERTO 2017, Palo Alto (United States), Series A | Provider of cross-border payment platform and foreign exchange solutions for businesses | $12.1M | 68/100 | |
9th | Instapay Technologies 2017, Kuala Lumpur (Malaysia), Series A | Wallet-enabled money transfer solutions for businesses and individuals | $7.75M | 63/100 | |
10th | CurrencyFair 2010, Dublin (Ireland), Series B | Cross-border money transfer platform | $23.1M | 61/100 | |
12th | SentBe 2015, Seoul (South Korea), Series C | Cross-border remittance solution | $24.1M | 60/100 |
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SentBe's Investments and acquisitions
SentBe has made no investments or acquisitions yet.
News related to SentBe
Media has covered SentBe for 1 event in last 1 year, It was about partnerships.
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WEMADE Partners with Chainalysis, CertiK, SentBe for Korean Won Stablecoin Global AllianceBenzinga•Nov 28, 2025•CertiK, Chainalysis, SentBe, WeMade Entertainment and 1 other
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SentBe Implements Visa Direct’s Card Transfer Service, a First Among Korean Fintech CompaniesBusiness News This Week•Oct 30, 2024•SentBe, Visa
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Emerging APAC Cross-border Payment Solution Company SentBe Enters the Global $5.9 Billion Digital Overseas Remittance MarketBusiness News This Week•Aug 14, 2024•SentBe
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Sentbe acquires ISO 27001 information security management system certificationVenture Square•Nov 28, 2023•SentBe
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South Korea’s SentBe expands remittance service into USElectronic Payments International•Jan 11, 2023•SentBe
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SentBe Brings Cross-border Money Transfer Service to the United StatesPR Newswire•Jan 10, 2023•SentBe
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Currencycloud, SentBe team up to expand cross-border remittance reachElectronic Payments International•Dec 08, 2022•SentBe, Currencycloud
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