Rewire, a neobank for migrant workers, used this deck to secure $20m in series B money

ABOUT

Rewire is a fintech startup that develops cross-border online banking services for migrant workers worldwide. The Israeli firm said it’s building a neobank that helps users better manage their finances through a mobile app.

The company used this deck to obtain US$20 million in series B funding this year.

Rewire said that as of March, it had over 230,000 registered users who are originally from China, India, Thailand, and the Philippines. The company added that it will soon hit 500,000 registered users, with 40% of that number coming from organic growth.

Fundraising journey

• 2019: US$12 million of series A funding from OurCrowd, Moneta Capital, Opera Tech Ventures, and Viola Group
• 2021: US$20 million of series B funding from Viola Group, AME Cloud Ventures, Renegade Partners, Moneta Capital, OurCrowd, Glilot Capital Partners, and Opera Tech Ventures

How is the deck compelling?

• The deck is finely designed and has a great arrangement.
• Its cover slide clearly states what kind of service Rewire provides and then outlines the company’s mission.
• It shows the markets that Rewire is serving as well as the opportunities.
• The deck also details how its partnering system and strategy work for migrants worldwide.

SOURCE

Deck: Rewire