TransferGo

๐Ÿ“‚ Fintech๐Ÿ“ Vilnius๐Ÿ—“๏ธ Founded: 2012

TransferGo is a fintech founded in 2012, based in London, specialized in international money transfers. With over 8 million customers served, the platform lets people send money abroad quickly and at low rates. It has raised $86M in total funding (about โ‚ฌ80M).

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About TransferGo

TransferGo is a fintech founded in 2012 and headquartered in London, specialising in international money transfers with a specific focus on a historically underserved segment: immigrant workers from Eastern and Central Europe sending remittances to their families back home. Born to serve the Lithuanian, Polish, and Ukrainian diaspora working in the UK, TransferGo built a fast, affordable, and reliable transfer corridor to dozens of Eastern European, Central Asian, and other countries. The value proposition rests on three pillars: speed (transfers in hours or instant to many destinations), low fees (well below traditional Western Union or SWIFT), and ease of use via mobile app. TransferGo has surpassed 8 million customers and processes billions of euros in annual volumes, with particularly active corridors to Ukraine, Poland, Romania, Lithuania, and India. User acquisition is partly driven by a powerful referral programme โ€” migrants recommend the service to one another โ€” and partly by partnerships with communities and organisations serving European diasporas. TransferGo sits in the competitive international transfer market alongside Wise, Remitly, and WorldRemit, differentiating through depth of coverage for East European corridors.

Market & Clients

Geographic Presence

GB

Funding & Investors

Total Funding

โ‚ฌ80M

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Sources

๐ŸŽ™๏ธ Scalable Podcast โ€” European startup stories ยท ๐Ÿ‡ฎ๐Ÿ‡น in Italian
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