TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees.
TransferGo is the most convenient way to send money abroad for migrants and businesses.
TransferGo was co-founded in 2012 by Justinas Lasevičius, Daumantas Dvilinskas, Arnas Lukoševičius, and Edvinas Šeršniovas. The company is headquartered in London, United Kingdom.
TransferGo is a 'pure-play digital' international money transfer service that is regulated by the UK Financial Conduct Authority (FCA) as an authorised payment institution. The company enables international money transfers across Europe and other global destination.
TransferGo’s customer base is predominantly made up of migrants who send money home to their families. It positions itself as offering one of the fastest international money transfer services on the market. TransferGo has facilitated more than seven million transactions.
TransferGo is backed by Seventure, Vostok Emerging Finance, Hard Yaka, Revo Capital, Bootstrap Europe and others. The company raised $10M in additional funding on June 16, 2020. This brings the total amount raised by TransferGo to $64.4M to date.