TransferGo: Funding, Investors & Team (Aug 2026)
TransferGo is an international money transfer service that enables migrant workers to send money to their families without incurring unnecessary bank charges. The company uses a digital account-to-account system to facilitate overseas money transfers. It is regulated by the FCA and HMRC, ensuring the safety and security of transactions. Businesses can also use TransferGo to pay their suppliers, as it offers cost-effective international transfers. The service charges a fixed fee for each transaction, as well as a currency conversion fee ranging from 0.6% to 1.5%.
TransferGo has raised $16.8M across 2 funding rounds on record, the most recent an undisclosed round of $10.0M announced in Apr 2024.
That round is above the $5.2M median round size for Data and Analytics companies tracked on FundedIQ over the last two years.
TransferGo Company Profile and Key Stats
Latest funding round on record: Apr 2024.
TransferGo Funding Rounds
TransferGo raised $6.8M in a Secondary Market announced in Feb 2022.
2.2 years later, an undisclosed round of $10.0M was announced in Apr 2024.
TransferGo Founders and Leadership Team
Contact details for the TransferGo team: 1 of 1 has an email address on file.
Start 14-day free trial →TransferGo Funding Compared to Other Data and Analytics Startups
TransferGo's latest round of $10.0M is above the median round in Data and Analytics. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like TransferGo in Data and Analytics and London
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TransferGo Funding FAQs
What does TransferGo do?
TransferGo is an international money transfer service that enables migrant workers to send money to their families without incurring unnecessary bank charges. The company uses a digital account-to-account system to facilitate overseas money transfers. It is regulated by the FCA and HMRC, ensuring the safety and security of transactions. Businesses can also use TransferGo to pay their suppliers, as it offers cost-effective international transfers. The service charges a fixed fee for each transaction, as well as a currency conversion fee ranging from 0.6% to 1.5%.
How much funding has TransferGo raised?
TransferGo has raised $16.8M across 2 rounds on record. The most recent is an undisclosed round of $10.0M announced in Apr 2024.
When did TransferGo last raise funding?
TransferGo's most recent funding round on record is an undisclosed round of $10.0M, announced in Apr 2024.
Who founded TransferGo?
FundedIQ lists Daumantas Dvilinskas (Founder) at TransferGo.
Where is TransferGo headquartered?
TransferGo is based in London, England, United Kingdom.
How many employees does TransferGo have?
TransferGo is in the 251-500 employee band.
How does TransferGo's funding compare to other Data and Analytics startups?
TransferGo's latest round of $10.0M is above the $5.2M median round size for Data and Analytics companies on FundedIQ across 1,842 tracked companies over the last two years.
About FundedIQ's TransferGo Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for TransferGo is left off this page rather than filled in.
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