Total Funding
52
43
Total FundingVenture - Series Unknown raised
Growth Score 52 in past quarter
-12 pts
Heat Score 43 in past quarter
-6 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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19611
TransferGo offers international money transfers for both migrant workers & businesses using their digital account-to-account business model.
- Daumantas Dvilinskas: CEO & Co-FounderPast Role: Pinevio, Co-Founder
- Justinas Lasevicius: CFO & Co-founderPast Role: DigitalCity Innovation, Fellow
About the Company
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.