Travel Wallet Hits 1.6M MAU, Evolves into 'Everyday Wallet'

Travel Wallet has successfully announced its transformation beyond a fintech foreign exchange platform into an 'everyday digital wallet,' achieving the landmark milestone of surpassing 1.6 million monthly active users (MAU). A cumulative 8 million cards issued and 6 trillion won in cumulative transaction volume clearly demonstrate this explosive growth. Particularly noteworthy is the fact that domestic payment transactions surged an astonishing 165 times in just one year since the domestic payment feature officially launched in May last year. Coupled with an innovative system allowing instant physical card issuance at GS25 convenience store ATMs in just 2 minutes, using the Travel Wallet card has become a natural part of daily life across various settings like convenience stores, cafes, and restaurants. The successful acquisition of a broad and evenly distributed user base, spanning ages 25 to 54, serves as a key driver for the app's continuous growth. Beyond simple payments, Travel Wallet is gaining significant popularity with features that maximize user convenience. The 'N-ppang payment' (split payment) feature, which automatically settles expenses paid by multiple people, has drastically simplified the cumbersome settlement process and garnered an enthusiastic response from users. The convenience of automatic settlement in subsequent gatherings without any additional setup, once configured, is a major contributor to increased reuse rates. Furthermore, the 'Social' community space, where diverse posts like travel reviews, group meetups, and travel companion recruitment are shared, along with the visited place review feature, provides an integrated user experience organically connecting everything from information discovery to payment and experience logging within the app. This demonstrates that Travel Wallet is evolving beyond a simple tool for sending and receiving money, into a versatile platform that richly supports users' lifestyles. Kim Hyung-woo, CEO of Travel Wallet, stated, "The continuous efforts to provide everyday convenience, including domestic payments, social features, and review functions, are the driving force behind achieving 1.6 million MAU," and expressed his ambition to "further advance global payment services by incorporating next-generation financial technologies such as stablecoins, thereby opening new horizons for digital wallets." Building on its strengths in foreign exchange services, Travel Wallet is deeply integrating into daily life, presenting a blueprint for future finance.