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§ Private Profile · New York City, NY, USA
TravelersBox is a technology company.
TravelersBox operates automated kiosks in international airports, providing travelers a solution for leftover foreign currency. These stations convert unused coins and bills into digital gift cards from various retailers or donate to charities, transforming unexchangeable funds into practical value. This accessible technology efficiently manages residual cash.
Established in 2012 by Dror Blumenthal, Idan Deshe, and Tomer Zussman, TravelersBox originated from the common traveler's dilemma of small foreign cash. Observing traditional exchange inefficiencies for these remnants, co-founders developed a streamlined system to unlock value from stranded capital, focusing on airport convenience.
TravelersBox targets international travelers seeking to utilize remaining foreign currency at departure. The company’s vision is to expand its global kiosk network, transforming minor inconvenience into a valuable financial resource. It ensures every traveler's funds find practical application, maximizing utility.
TravelersBox has raised $15.0M across 2 funding rounds.
TravelersBox has raised $15.0M in total across 2 funding rounds.
TravelersBox has raised $15.0M across 2 funding rounds. Most recently, it raised $10.0M Series A in January 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 21, 2016 | $10M Series A | Melissa Guzy | Harel Kodesh, Moti Rivlin, ROY Gabriel, Yanai Oron, Yuval TAL, Zohar Gilon, Global Blue, IAngels, IPE Ventures, Pereg Ventures, Pitango Venture Capital | Announced |
| May 1, 2015 | $5M Series A | — | Coatue, Nyca Partners, Silvertech Ventures, Tamar Technology Ventures, TCV, Team8, TLV Partners, Viola Ventures, Webtalk LTD, Zeev Capital, Amit Gilon, DON Katz, Ehud Levy, Hagai TAL, Yuval TAL, Zohar Gilon, Global Blue, IAngels, Pitango Venture Capital | Announced |
TravelersBox has raised $15.0M in total across 2 funding rounds.
TravelersBox's investors include Melissa Guzy, Harel Kodesh, Moti Rivlin, Roy Gabriel, Yanai Oron, Yuval Tal, Zohar Gilon, Global Blue, iAngels, IPE Ventures, Pereg Ventures, Pitango Venture Capital.
TravelersBox is an Israeli-founded fintech startup that operates automated kiosks in airports worldwide, enabling travelers to convert leftover foreign coins and bills into digital value such as e-gift cards, e-wallets like PayPal, or donations.[1][2][5] It serves international travelers frustrated by unused foreign currency, solving the common problem of pocket change that often sits idle by providing instant offline-to-online conversion at locations including Canada, Philippines, Italy, Georgia, Turkey, and Israel.[1][3][5] The company has deployed around 75 kiosks, served nearly one million users, raised $14.5M in funding (including a $10M Series A-II round about 9 years ago), and maintains offices in Gibraltar, the US, and Turkey, signaling steady growth in the travel fintech space.[1][2][5]
TravelersBox was founded in 2012 by CEO Tomer Zussman, CTO Idan Deshe, and CMO Dror Blumenthal as an Israeli startup addressing the practical pain of leftover travel currency.[1] The idea emerged from recognizing that travelers worldwide accumulate small foreign coins and bills with little use, leading to the development of automated kiosks for seamless exchange into digital formats.[1][2] Early traction came quickly with kiosk deployments in key airports, partnerships with retailers like H&M, Barnes & Noble, and CVS for gift card redemptions, and nearly one million users within years of launch, validating the concept and attracting investors who praised its simplicity and utility.[1]
TravelersBox rides the travel fintech wave, capitalizing on rising global mobility, cashless trends, and the explosion of digital wallets post-pandemic, where travelers seek frictionless ways to monetize remnants of trips amid volatile exchange rates.[2][4] Timing aligns with airport recovery and "bleisure" travel booms, amplified by partnerships that embed it into retail ecosystems like Starbucks and H&M.[1] Market forces favoring it include the $1T+ travel industry’s shift to embedded finance and sustainability (via donation options), positioning TravelersBox to influence airport commerce by reducing currency waste and boosting digital adoption in underserved emerging markets like Turkey and Georgia.[1][5]
TravelersBox is poised for expansion by scaling kiosks into more airports and integrating with rising super-apps or crypto wallets, leveraging its proven model amid sustained travel growth.[2] Trends like AI-driven personalization for exchanges and ESG-focused donations could accelerate adoption, while potential acquisitions by larger fintechs (given its funding and IP) might amplify its reach.[1][2] As global travel hits record highs, expect TravelersBox to evolve from niche solver to essential airport fixture, turning travelers' forgotten change into a steady revenue stream that humanizes fintech utility.