TravelWallet, a global forex payment fintech company, announced on the 25th the selection of NH Investment & Securities and KB Securities as lead underwriters for its initial public offering. The company will formalize IPO preparation procedures following this selection, targeting a 2027 KOSDAQ listing. TravelWallet operates app-based foreign currency charging and overseas payment services, currently supporting 46 currencies with 9.6 million cumulative cards issued and 9.8 trillion won in cumulative transaction volume as of June 2026.
TravelWallet Selects NH Investment & Securities and KB Securities Through Competitive Process
The lead underwriter selection proceeded through distribution of listing bid request proposals to major domestic securities firms and competitive presentations. TravelWallet comprehensively evaluated IPO execution capabilities in the fintech and financial platform sector, research capabilities, and global institutional investor networks before selecting NH Investment & Securities and KB Securities as lead underwriters.
TravelWallet Provides 46-Currency Forex Charging and Payment Services
TravelWallet is a fintech company providing app-based foreign currency charging and overseas payment services. Users can charge desired foreign currencies in real-time through the TravelWallet app and make payments at overseas online and offline merchants using TravelWallet cards. The company currently provides foreign currency charging and payment services for 46 currencies. As of June 2026, cumulative card issuance exceeded 9.6 million cards and cumulative transaction volume surpassed 9.8 trillion won.
TravelWallet Launches Japan Service in April and Expands B2B Payment Infrastructure
TravelWallet is expanding its business into global digital wallet and B2B payment infrastructure areas based on operational experience accumulated from foreign currency charging and payment services. In April this year, the company launched Japan services, starting global digital wallet business targeting overseas local users. The Japan service marks the first case of TravelWallet's full-scale entry into global markets.
The company is also expanding B2B payment infrastructure business. Based on its proprietary cloud-based payment processing system and global card network integration capabilities, TravelWallet provides modularized functions necessary for overseas payments, foreign currency settlement, and global card issuance. Partner companies can quickly implement global financial functions within their own services without directly building separate infrastructure.
TravelWallet Improves Profitability Through Transaction Scale Expansion
Profitability improvement continues at TravelWallet. The company is building a stable growth foundation based on transaction scale expansion and payment infrastructure internalization. TravelWallet plans to enhance competitiveness in the global payment market through global digital wallet service expansion, B2B payment infrastructure advancement, and foreign currency settlement infrastructure strengthening.
CEO Kim Hyung-woo Describes IPO as Transformation Milestone
TravelWallet CEO Kim Hyung-woo stated, "The IPO will be an important turning point for leaping forward as a global forex and payment infrastructure company. We will do our utmost in preparation together with the underwriting group toward the 2027 KOSDAQ listing goal, and grow into a sustainable fintech company with technological capabilities and profitability."
FAQ
What did TravelWallet announce on the 25th regarding its IPO preparation?
TravelWallet announced on the 25th the selection of NH Investment & Securities and KB Securities as lead underwriters for its initial public offering, targeting a 2027 KOSDAQ listing.
How many currencies does TravelWallet currently support and what are its cumulative metrics as of June 2026?
TravelWallet currently provides foreign currency charging and payment services for 46 currencies. As of June 2026, the company recorded 9.6 million cumulative cards issued and 9.8 trillion won in cumulative transaction volume.
