Rewire's investors video
PREVIOUS ROUNDS
$10,740,462
invested through OurCrowd in
6 previous rounds.
Access exclusive deals

Join for free and be notified of future investment opportunities

Sign in
WEBSITE
rewire.com
FinTechFinTech

Overview: Rewire

Rewire is a neobank – and exclusively online platform with no physical branches – that provides financial services for migrant workers, who are generally underbanked. An estimated 270 million migrants remit more than $500B to their home countries every year. Rewire provides migrant workers with a way to store and use digital cash, eliminating the need and risk of keeping large amounts of cash on hand, and a convenient and low-cost way to send earnings to family in their home countries.

Customers can receive a free debit card with no annual fees, ATM withdrawals without charges, and very attractive exchange rates. They also receive a European IBAN account, giving them access to additional international financial services, including direct deposit of salaries. Rewire partners with banks in receiving countries, allowing its clients to access additional financial services, develop their financial history while abroad, and have a significant relationship with a local bank on their return home.

In January 2023, Rewire was acquired by Remitly Global Inc. (NASDAQ: RELY) a leading digital financial services provider for immigrants and their families in over 170 countries.

The details here are based on information received from, and verified solely by, the company.
READ MORE

Co Investors

READ MORE

Rewire Management Team

Guy Kashtan

Co-founder & CEO

Guy Kashtan is a co-founder and Rewire's CEO. Guy holds a BA in computer science from IDC Herzliya and majored in entrepreneurship as part of the Zell Entrepreneurship Program. Guy has extensive technological background as a software engineer and product manager. Prior to co-founding Rewire, Guy worked at Microsoft as a program manager on the Cortana team and led multiple products.

Saar Yahalom

Co-founder & CTO

Saar Yahalom holds a BSc (Technion) and MSc (Tel Aviv University) in computer science, both graduated with honors. Saar has more than 15 years of experience in building, leading, and driving teams and projects at multiple leading companies such as Intel, Raphael, and Microsoft. In his last role, Saar served as a principal tech lead for the Cortana team at Microsoft Israel, overseeing the work of more than 30 developers.

Adi Ben Dayan

VP R&D

Adi Ben Dayan, Rewire's VP R&D, holds a BSc in computer science with honors. Adi is enthusiastic about building outstanding user products that improve peoples' lives. Adi’s past positions include tech teams' manager both at Microsoft and at the IDF elite intelligence forces, and he has extensive experience in building world quality software for millions of users including Power BI, Excel, Windows Store, and IDF combat intelligence systems.

Guy Badichi

COO

Guy has over 15 years of experience in building, strategizing, and expanding customer, product, and operations teams at global B2C companies such as Fiverr, ebay, modu, and Sandisk.

Arfang Sonko

GM Europe

Arfang has been working in the fintech industry for 12 years, helping a number of growth-stage companies apply for electronic money institution and payment institution licenses across Europe, and managing their regulated activities. His professional experience has been driven by his determination to combine financial innovation with positive social impact.

undefined undefined
READ MORE