TransferGo

TransferGo

Signal active

Organization

Contact Information

Overview

TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees. Through the company, migrants have the ability to transfer money overseas with the help of a digital account-to-account business model. As it is a licensed and authorized payment institution controlled by the FCA under the supervision of HMRC, the company is considered as a secure way of transferring money. Since it removes the costs of international transfers, TransferGo is a fit for businesses to pay their suppliers. It charges a fixed fee for transferring money as well as a 0.6% to 1.5% fee for the currency conversion per transaction.

About

Industries

Financial Services, FinTech, Business Intelligence, Payments, B2B

Founded

2012

Employees

251-500

Headquarters locations

Europe

Social

N/A

Profile Resume

TransferGo headquartered in Europe, operates in the Financial Services, FinTech, Business Intelligence, Payments, B2B sector. The company focuses on Financial Services and has secured $40.3B in funding across 320 round(s). With a team of 251-500 employees, TransferGo is actively contributing to advancements in Financial Services. Their latest funding round, Seed Round - TransferGo, raised $2.5M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Daumantas Dvilinskas

Daumantas Dvilinskas

CEO & Co-Founder

imagePlace Arnas Lukosevicius

Arnas Lukosevicius

Tech director & Co-Founder

imagePlace Justinas Lasevicius

Justinas Lasevicius

CFO & Co-founder

imagePlace Edvinas Sersniovas

Edvinas Sersniovas

Co-Founder

imagePlace Simon Moran

Simon Moran

Chief Commercial Officer

imagePlace Mantas Žalneravičius

Mantas Žalneravičius

Chief Technology Officer

Funding Rounds

Funding rounds

15

Investors

5

Lead Investors

0

Total Funding Amount

$125.2M

Details

11

TransferGo has raised a total of $125.2M in funding over 11 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2012Seed194.8K
2016Early Stage Venture3.4M
2013Seed275.4K
2015Seed2.5M

Investors

TransferGo is funded by 60 investors.

Investor NameLead InvestorFunding RoundPartners
Richard Tudor-FUNDING ROUND - Richard Tudor2.5M
Donatas Keras-FUNDING ROUND - Donatas Keras2.5M
TransferGo-FUNDING ROUND - TransferGo2.5M
Practica Capital-FUNDING ROUND - Practica Capital2.5M

Recent Activity

There is no recent news or activity for this profile.