WeSwap brings the principles of person to person finance to the world of currency exchange. WeSwap was founded to address the lack of transparency and fairness in the rates and charges afflicting people when obtaining foreign currency. Convinced that there was room to improve matters, the founders of WeSwap applied the spirit of social media and community mindedness to the problem and came up with a solution that helps everyone. People travelling in different directions can now use the WeSwap platform to swap money with each other, resulting in greatly reduced costs and a much friendlier experience. WeSwap is excited to be bringing this new solution to the marketplace, and looks forward to making swapping currency a truly worldwide phenomenon.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2010
Size (employees)
32 (est)
Website
weswap.com
WeSwap was founded in 2010 and is headquartered in London, GB

Key People at WeSwap

Jared Jesner

Jared Jesner

Founder & CEO
Isaac Applbaum

Isaac Applbaum

Team Member
Nick Lebetkin

Nick Lebetkin

Director
Sameer Ismail

Sameer Ismail

Head of Risk & Compliance, MLRO

WeSwap Office Locations

WeSwap has an office in London
London, GB (HQ)
6 Spectrum House, 32 34 Gordon House Road

WeSwap Metrics

Summary Metrics

Founding Date

2010

Total Funding

$10 m

Latest funding size

$7.5 m

Time since last funding

over 2 years

Investors

WeSwap's latest funding round in October 2014 was reported to be $7.5 m. In total, WeSwap has raised $10 m

WeSwap Financial Metrics

Cash (30-Jun-2014)

£330.6 k
FY, 2013FY, 2014

Cash

£554.4 k£330.6 k

Accounts Receivable

£277.9 k£517.9 k

Current Assets

£832.3 k£848.5 k

PP&E

£18 k£17.6 k

Goodwill

£8.1 k£6.1 k

Total Assets

£858.3 k£872.2 k

Accounts Payable

£71.1 k£507.3 k

Current Liabilities

£71.1 k£507.3 k

Total Equity

£787.3 k£364.9 k

Financial Leverage

1.1 x2.4 x
Y, 2014

Financial Leverage

2.4 x

WeSwap Online Presence

WeSwap News

WeSwap Company Life

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