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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
Ranked
Employee Count
131 as on Apr 30, 2026
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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:lockFilter this list
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
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SentBe's founders and board of directors

Founder? Claim Profile
The 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:

SentBe's employee count trend

SentBe has 131 employees as of Apr 26. Here is SentBe's employee count trend over the years:
Employee count trend for SentBe
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Payoneer
Payoneer
2005, New York City (United States), Public
Provider of cross-border payment solutions for freelancers, businesses, and marketplaces
$269M
84/100
2nd
Logo for Remitly
Remitly
2011, Seattle (United States), Public
Provider of international money transfer services with multiple delivery options
$436M
84/100
3rd
Logo for Wise
Wise
2011, Shoreditch (United Kingdom), Public
Provider of international money transfer and multi-currency
$1.03B
83/100
4th
Logo for Xoom
Xoom
2001, San Francisco (United States), Acquired
Provider of online service for international money transfers, bill payments
$106M
76/100
5th
Logo for TransferGo
TransferGo
2012, London (United Kingdom), Series C
Cross-border remittance solution for consumers and businesses
$110M
74/100
6th
Logo for Remessa Online
Remessa Online
2016, Sao Paulo (Brazil), Acquired
Provider of international money transfer services for individuals and businesses
$21.5M
73/100
7th
Logo for Aspora
Aspora
2022, London (United Kingdom), Series B
Operator of a platform facilitating international money transfers and related services
$95.5M
68/100
8th
Logo for VERTO
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
Logo for Instapay Technologies
Instapay Technologies
2017, Kuala Lumpur (Malaysia), Series A
Wallet-enabled money transfer solutions for businesses and individuals
$7.75M
63/100
10th
Logo for CurrencyFair
CurrencyFair
2010, Dublin (Ireland), Series B
Cross-border money transfer platform
$23.1M
61/100
12th
Logo for SentBe
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

lockFilter this list
Media has covered SentBe for 1 event in last 1 year, It was about partnerships.
South Korea’s SentBe expands remittance service into USElectronic Payments InternationalJan 11, 2023SentBe
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