WireBarley - About the company
WireBarley is a series B company based in Seoul (South Korea), founded in 2016 by John Joongwon Yoo and Eric TaeJung Yoon. It operates as an Online platform for cross-border money transfer. WireBarley has raised $16M in funding from investors like MAGNA Investment, Shinsegae and DT&Investment. The company has 299 active competitors, including 35 funded and 22 that have exited. Its top competitors include companies like NALA, WorldRemit and BookMyForex.
Company Details
Online platform for cross-border money transfer. It is a fintech company that provides a platform for cross-border payment transactions, enabling individuals and businesses to send and receive money globally. It provides a suite of solution for the user interface, mobile application and web systems. It also allows money transfer business to start businesses in their own countries providing infrastructure expenditure. It allows to plug into its platform and use the payment network.
- Website
- www.wirebarley.com/
- Email ID
- *****@wirebarley.com
- Phone Number
- +82 **********
Key Metrics
Founded Year
2016
Location
Seoul, South Korea
Stage
Series B
Total Funding
$16M in 2 rounds
Latest Funding Round
Investors
Ranked
3rd among 299 active competitors
Employee Count
49 as on Jul 31, 2026
Legal entities associated with WireBarley
WireBarley is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WireBarley Corp. CIN: 352-88-00331 , South Korea, Active | Mar 15, 2016 | - | - | - |
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WireBarley's funding and investors
WireBarley has raised a total funding of $16M over 2 rounds. Its first funding round was on 2018. Its latest funding round was a Series B round on Sep 17, 2020 for $*****. 3 investors participated in its latest round. WireBarley has 9 institutional investors.
Here is the list of recent funding rounds of WireBarley:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 17, 2020 | 2091716 | Series B | 7292336 | 2184481 | 3709126 | 3931971 |
2018 | 9624 | Series A | 4260 | 8048 | 6071 | 2522 |
View details of WireBarley's funding rounds and investors
WireBarley's founders and board of directors
Founder? Claim ProfileThe founders of WireBarley are John Joongwon Yoo and Eric TaeJung Yoon.
Here are the details of WireBarley's key team members:
- John Joongwon Yoo: CEO & Co-Founder of WireBarley. Contact Info: 1 email address
- Eric TaeJung Yoon: Co-Founder & COO of WireBarley. Contact Info: 1 email address
View details of WireBarley's Founder profiles and Board Members
WireBarley's employee count trend
WireBarley has 49 employees as of Jul 26. Here is WireBarley's employee count trend over the years:
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WireBarley's Competitors and alternates
Top competitors of WireBarley include NALA, WorldRemit and BookMyForex. Here is the list of Top 10 competitors of WireBarley, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online cross-border remittance platform for individuals | $50.2M | 73/100 | ||
2nd | WorldRemit 2010, London (United Kingdom), Series D | Digital money transfer service sending funds quickly across borders | $365M | 72/100 | |
3rd | WireBarley 2016, Seoul (South Korea), Series B | Online platform for cross-border money transfer | $16M | 70/100 | |
4th | BookMyForex 2011, Gurugram (India), Acquired | Online Money Exchange and Remittances | $5.59M | 69/100 | |
5th | Moin 2016, Seoul (South Korea), Series A | Blockchain-based remittance service. | $2.42M | 67/100 | |
6th | Cross-border money transfer platform | $16.2M | 66/100 | ||
7th | International money transfer service provider. | - | 66/100 | ||
8th | Viamericas 1999, Bethesda (United States), Series B | Remittance service in Latin America. | $18.6M | 63/100 | |
9th | Pangea Money Transfer 2012, Chicago (United States), Acquired | Fast, secure, and affordable international money transfers you can trust | $20.4M | 63/100 | |
10th | Aspora 2022, London (United Kingdom), Series B | Provider of digital platforms for international electronic money transfer services | $95.5M | 62/100 |
Looking for more details on WireBarley's competitors? Click here to see the top ones
WireBarley's Investments and acquisitions
WireBarley has made no investments or acquisitions yet.
Reports related to WireBarley
Here is the latest report on WireBarley's geography:
News related to WireBarley
Media has covered WireBarley for 1 event in last 1 year, It was about partnerships.
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•
WireBarley Achieves SOC 1 and SOC 2 Compliance, Enhancing ReliabilityPR Newswire•Apr 04, 2025•WireBarley
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WireBarley partners with Tencent Financial Technology for global remittancePR Newswire•Feb 15, 2022•WireBarley, Tencent
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South Korean WireBarley Secures $10 Million Through Series B Funding RoundCrowdfund Insider•Sep 17, 2020•WireBarley, MAGNA Investment, Shinsegae, DT&Investment
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Remittance firm WireBarley enters US with Currencycloud partnershipVerdict•May 15, 2019•WireBarley, Currencycloud
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