When was WeSwap founded?

WeSwap was founded in 2010 and raised its 1st funding round 2 years after it was founded.

Where is WeSwap located?

WeSwap is headquartered in London, United Kingdom.

Which legal entities is WeSwap associated with?

WeSwap is associated with WESWAP.COM LIMITED.

How many employees does WeSwap have?

As of Feb 28, 2026, the latest employee count at WeSwap is 314.

Is WeSwap a funded company?

WeSwap is a funded company, having raised a total of $35.8M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 11, 2012.

How much is WeSwap worth?

The latest valuation of WeSwap is $***** as of Mar 23, 2018.

When was the latest funding round of WeSwap?

WeSwap's latest funding was a $***** Series B round on Jul 12, 2019, with participation from 1 investor. Its primary sector is Payments. In United Kingdom, the Payments sector has seen $849M in funding in 2026 to date.

What is the annual revenue of WeSwap?

Annual revenue of WeSwap is between £1M and £10M as on Dec 31, 2017

Where does WeSwap rank among its competitors?

WeSwap ranks 8th amongst 111 active competitors, of which 15 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was LemFi, which secured an undisclosed amount in May, 2026.

Who are the top competitors of WeSwap?

WeSwap's top competitors include Chipper Cash, LemFi and PaySend. Among them, LemFi secured the most recent funding round in May, 2026.

WeSwap - 2026 Company Profile, Team, Funding, Competitors & Financials

WeSwap is a series B company based in London (United Kingdom), founded in 2010 by Jared Jesner, Daniel Sacerdoti, Jonathan Sacerdoti, Elie Jesner and Ari Jesner. It operates as a Multi-currency travel card & mobile wallet. WeSwap has raised $35.8M in funding from IW Capital and Ascot Capital Partners, with a current valuation of $*****. The company has 111 active competitors, including 15 funded and 3 that have exited. Its top competitors include companies like Chipper Cash, LemFi and PaySend.

Company Details

WeSwap provides multi-currency exchange prepaid card and app-based mobile wallet for the traveler. Users swap currency with each other at the interbank exchange rate and pay a transparent fee. As well as an online account which can hold multiple currencies, users receive the WeSwap Prepaid MasterCard(R) which enables them to access the funds in their account anywhere that accepts MasterCard. The app is available for Android and IOS platforms.

Website: weswap.com/login?next=https%3A%2F%2Fweswap.com%2F
Social

Key Metrics

Founded Year

2010

Location

London, United Kingdom

Stage

Series B

Total Funding

$35.8M in 6 rounds

Latest Funding Round

Series B, Jul 12, 2019, $*****

Post Money Valuation

$***** as on Mar 23, 2018

Investors

IW Capital & 65 more

Ranked

8^th among 111 active competitors

Annual Revenue

£1M - £10M as on Dec 31, 2017

Employee Count

314 as on Feb 28, 2026

Similar Companies

YouTrip & 285 more

View WeSwap's full profile

WeSwap is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WESWAP.COM LIMITED CIN: 13745827 , Germany, Active	Mar 14, 2010	£1M - £10M (As on Dec 31, 2017)	41 (As on Jan 31, 2019)

WeSwap has raised a total funding of $35.8M over 6 rounds. Its first funding round was on Jan 11, 2012. Its latest funding round was a Series B round on Jul 12, 2019 for $*****. 1 investor participated in its latest round. WeSwap has 11 institutional investors and 55 angel investors.

Here is the list of recent funding rounds of WeSwap:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 12, 2019	2348479	Series B	2026291	9827731	4987295	4971984
Mar 23, 2018	8814947	Series B	1904210	3663615	4198587	Mark Brian Jannaway & 7 more
Mar 16, 2017	6579356	Series B	2294824	1331910	IW Capital	Edip Ilkbahar & 6 more

Access funding benchmarks and valuations. Sign up today!

View details of WeSwap's funding rounds and investors

The founders of WeSwap are Jared Jesner, Daniel Sacerdoti, Jonathan Sacerdoti, Elie Jesner and Ari Jesner.

Here are the details of WeSwap's key team members:

Jared Jesner: Former Founder & Director of WeSwap. They serve on the board of 1 company.
Daniel Sacerdoti: Co-Founder of WeSwap.
Jonathan Sacerdoti: Co-Founder of WeSwap.
Elie Jesner: Head of Trading of WeSwap.
Ari Jesner: Co-Founder of WeSwap.

WeSwap's Board of Directors

WeSwap's board has 4 active members. Jared Jesner and Alan Edward Armstrong are part of team and John Barclay Sinclair and Matthew Jamesholland are independent board members.

Here is the list of WeSwap's board of directors:

Name	Type	Representing	Status	Duration
Jared Jesner	Team	-	Current	16y 5m
ouuyuor	Team	-	Past	4y 2m
zjvfpwr	Team	-	Past	2y 2m
z{hcnfv	Team	-	Past	4y 8m
Alan Edward Armstrong	Investor	-	Current	8y 5m
John Barclay Sinclair	Independent board member	-	Current	9y 11m
c{vkgoz	Independent board member	-	Current	8y 1m
bqjlany	Independent board member	-	Past	3y 2m

View details of WeSwap's Founder profiles and Board Members

WeSwap's employee count trend

WeSwap has 314 employees as of Feb 26. Here is WeSwap's employee count trend over the years:

Uncover WeSwap's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of WeSwap include Chipper Cash, LemFi and PaySend. Here is the list of Top 10 competitors of WeSwap, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Chipper Cash 2018, San Francisco (United States), Series C	Cross-border remittance platform for individuals	$305M	Deciens Capital, Raptor Group & 45 others	77/100
2nd	LemFi 2020, London (United Kingdom), Series B	Provider of global money transfer and multi-currency wallet services	$86.9M	Highland Europe, Global Founders Capital ... & 13 others	74/100
3rd	PaySend 2015, Valletta (Malta), Series B	Provider of international money transfer services enabling fast, low-cost cross-border payments	$252M	Mastercard, GVA & 12 others	73/100
4th	nsave 2022, London (United Kingdom), Series A	Multi-currency accounts and investment service provider	$22.5M	TQ Ventures, Y Combinator & 10 others	71/100
5th	Taptap Send 2018, London (United Kingdom), Series B	App-based digital wallet for cross-border money transfers	$80M	Spark Capital, Canaan & 14 others	69/100
6th	Currensea 2017, London (United Kingdom), Seed	Provider of multi-currency debit card	$10.6M	Blackfinch Ventures, 1818 Venture Capital ... & 14 others	65/100
7th	PaySii 2014, London (United Kingdom), Unfunded	Digital wallet for cross-border money transfers	-	-	56/100
8th	WeSwap 2010, London (United Kingdom), Series B	Multi-currency travel card & mobile wallet	$35.8M	IW Capital, Alliance Trust & 64 others	52/100
9th	DiPocket 2014, London (United Kingdom), Series A	Digital wallet and prepaid card for global and local payments	$14.4M	GB & Partners, Tomahawk Group & 30 others	51/100
10th	Leatherback 2019, London (United Kingdom), Acquired	Virtual cards and payment APIs for businesses	$10M	Zedcrest Group	50/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on WeSwap's competitors? Click here to see the top ones

Founders own 15.80%, Funds (largest shareholder) own 54.10%, Enterprises own 4.90% and Angels own 16.20%. The net worth of WeSwap's founders is INR 11.2M as of Mar 23, 2018.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	15.80%	11.2M	4019487	3964183	8287066	7963113
Jared Jesner	9021067	7409956	9995994	3453672	9353225	2586077
Jonathan Sacerdoti	0	0	0	0	0	0
Daniel Sacerdoti	0	0	0	0	0	0
Elie Jesner	0	0	0	0	0	0
Ari Jesner	0	0	0	0	0	0
Fund	54.10%	16.9M	9522468	1387287	4006050	2443530
IW Capital	3939032	7523805	4177838	8038724	5919055	6877730
Ascot Capital Partners	3784408	3658116	6914438	9052264	4323725	8099363
Enterprise	4.90%	3.45M	8534	7011	1175	6511
Angel	16.20%	11M	2132093	9338448	5009353	7229073
Robbi Afnaim	83	48	14	45	33	57
Bryan Naftalin	0	0	0	0	0	0
Mark Brian Jannaway	0	0	0	0	0	0
Edip Ilkbahar	0	0	0	0	0	0
Other People	2.30%	1.7M	52	14	29	59
Total	93.30%	4.42Cr	6318294	1133455	6282907	2050460