TravelersBox is a technology company.
TravelersBox has raised $5.0M across 1 funding round.
TravelersBox has raised $5.0M in total across 1 funding round.
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.
TravelersBox has raised $5.0M in total across 1 funding round.
TravelersBox's investors include Coatue, Nyca Partners, Silvertech Ventures, Tamar Technology Ventures, TCV, Team8, TLV Partners, Viola Ventures, Webtalk Ltd, Zeev Capital, Amit Gilon, don katz.
TravelersBox has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Series A in May 2015.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2015 | $5.0M Series A | Coatue, Nyca Partners, Silvertech Ventures, Tamar Technology Ventures, TCV, Team8, TLV Partners, Viola Ventures, Webtalk Ltd, Zeev Capital, Amit Gilon, don katz |