Details

Last Funding Type

Series Unknown

Last Funding Money Raised

$10M

Industries

B2B,Business Intelligence,Financial Services,FinTech,Payments

Founded date

Jan 18, 2012

Number Of Employee

101 - 250

Operating Status

Active

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.