TravelersBox

The firm's business model revolved around providing a convenient, offline-to-online currency exchange service directly at the point of departure. Travelers could deposit their unused cash into a kiosk and choose from several digital redemption options. These included loading funds onto e-wallets like PayPal and Baidu, converting the amount into gift cards for brands such as iTunes, Starbucks, Grab, and Lazada, or donating to charitable causes. The service was not free, with a fee of 3-10% applied to the deposit amount. The company's primary revenue stream came from commissions and affiliation fees from its merchant partners, rather than from the currency exchange rates themselves.

Headquartered in Ra'anana, Israel, TravelersBox secured significant financial backing to fuel its expansion. The company raised a total of $14.5 million over two funding rounds, including a $4.5 million seed round in 2015 and a $10 million Series A round in 2016. Key investors included Pitango Venture Capital, Arbor Ventures, iAngels, and Global Blue. At its peak, the company operated over 75 kiosks in airports across countries like Canada, Italy, Turkey, the Philippines, Japan, and Singapore. However, despite its initial growth and successful funding, public information and news about the company ceased after 2017, and business databases now list the company as deadpooled or out of business.