When was TransferGo founded?

TransferGo was founded in 2012 and raised its 1st funding round within a year of its incorporation.

Where is TransferGo located?

TransferGo is headquartered in London, United Kingdom. It is registered at 9th Floor, 107 Cheapside,, London EC2V 6DN.

Who is the current CEO of TransferGo?

Daumantas Dvilinskas of TransferGo. They have also founded 1 company.

Which legal entities is TransferGo associated with?

TransferGo is associated with TRANSFERGO HOLDINGS LIMITED and 2 others.

How many employees does TransferGo have?

As of Aug 31, 2026, the latest employee count at TransferGo is 356.

Is TransferGo a funded company?

TransferGo is a funded company, having raised a total of $110M across 12 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2012.

How much is TransferGo worth?

The latest valuation of TransferGo is £***** as of Apr 22, 2025.

When was the latest funding round of TransferGo?

TransferGo's latest funding was a $***** Series C round on Apr 22, 2025, with participation from 0 investor.

What is the annual revenue of TransferGo?

Annual revenue of TransferGo is between £10M and £50M as on Dec 31, 2021

Where does TransferGo rank among its competitors?

TransferGo ranks 16th amongst 933 active competitors, of which 117 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Airwallex, which secured $320M in Jun, 2026.

Who are the top competitors of TransferGo?

TransferGo's top competitors include Payoneer, Remitly and Airwallex. Among them, Airwallex secured the most recent funding round in June, 2026.

TransferGo - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Cross-border remittance solution for consumers and businesses. It allows consumers and businesses to transfer money and funds across borders. Users can transfer funds using cash deposits, bank transfers, and ATMs. Features APIs to manage transactions, access current pricing, and market trends and insights.

Website: www.transfergo.com/
Social
Registered Address: 9th Floor, 107 Cheapside,, London EC2V 6DN

Key Metrics

Founded Year

2012

Location

London, United Kingdom

Stage

Series C

Total Funding

$110M in 12 rounds

Latest Funding Round

Series C, Apr 22, 2025, $*****

Post Money Valuation

£***** as on Apr 22, 2025

Investors

Practica Capital & 45 more

Ranked

16^th among 933 active competitors

Annual Revenue

£10M - £50M as on Dec 31, 2021

Employee Count

356 as on Aug 31, 2026

Similar Companies

Remitly & 906 more

View TransferGo's full profile

TransferGo is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
TRANSFERGO LTD CIN: 913139844 , Norway, Active	Jan 16, 2012	-	-
TRANSFERGO HOLDINGS LIMITED CIN: 9790070 , Germany, Active	Sep 21, 2015	-	-
TRANSFERGO LTD CIN: 7914165 , Germany, Active	Jan 17, 2012	£10M - £50M (As on Dec 31, 2021)	34 (As on Dec 31, 2021)

TransferGo has raised a total funding of $110M over 12 rounds. Its first funding round was on 2012. TransferGo has 43 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of TransferGo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 22, 2025	6267419	Series C	1725666	2003618	7870571	9844714
Apr 02, 2024	1874463	Series C	4000639	7046509	2069455	Taiwania Capital
Sep 28, 2021	4684326	Series C	3039839	6868284	Black River Ventures	Unlimint & 4 more

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View details of TransferGo's funding rounds and investors

The founders of TransferGo are Daumantas Dvilinskas, Justinas Lasevicius, Edvinas Sersniovas and Arnas Lukosius. Daumantas Dvilinskas is the CEO of TransferGo.

Here are the details of TransferGo's key team members:

Daumantas Dvilinskas: Co-Founder & CEO of TransferGo and founder of 1 other company. They serve on the board of 1 company.
Justinas Lasevicius: Co-Founder of TransferGo. They serve on the board of 1 company.
Edvinas Sersniovas: Co-Founder of TransferGo. They serve on the board of 1 company.
Arnas Lukosius: Former Co-Founder of TransferGo and founder of 1 other company.

TransferGo's Board of Directors

TransferGo's board has 3 active members. Daumantas Dvilinskas, Justinas Lasevicius and Edvinas Sersniovas are part of team.

Here is the list of TransferGo's board of directors:

Name	Type	Representing	Status	Duration
Daumantas Dvilinskas	Team	-	Current	13y 8m
Justinas Lasevicius	Team	-	Current	14y 7m
Edvinas Sersniovas	Team	-	Current	14y 7m

View details of TransferGo's Founder profiles and Board Members

TransferGo's employee count trend

TransferGo has 356 employees as of Aug 26. Here is TransferGo's employee count trend over the years:

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Top competitors of TransferGo include Payoneer, Remitly and Airwallex. Here is the list of Top 10 competitors of TransferGo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Payoneer 2005, New York City (United States), Acquired	Provider of cross-border payment solutions for freelancers, businesses, and marketplaces	$269M	TCV, Wellington & 23 others	84/100
2nd	Remitly 2011, Seattle (United States), Public	Provider of international money transfer services with multiple delivery options	$436M	Generation Investment Management, PayU & 39 others	84/100
3rd	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
4th	Wise 2011, Shoreditch (United Kingdom), Public	Provider of international money transfer and multi-currency	$397M	Valar Ventures, Baillie Gifford & 104 others	82/100
5th	Ebury 2009, London (United Kingdom), Acquired	Provider of global payment solutions, currency risk management, and business lending	$374M	Vitruvian Partners, 83NORTH & 17 others	79/100
6th	Venmo 2009, New York City (United States), Acquired	Provider of a platform for sending and receiving payments between users	$1.3M	RRE Ventures, Lerer Hippeau & 8 others	76/100
7th	Thunes 2016, Singapore (Singapore), Series D	Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions	$362M	Marshall Wace, Vitruvian Partners & 19 others	74/100
8th	Tipalti 2010, Foster City (United States), Series F	Cloud-based procurement and invoice management solutions for businesses	$553M	Zeev Ventures, Durable Capital Partners & 24 others	73/100
9th	Kadmos 2021, Germany, Acquired	Provider of a platform for managing and automating international salary payments	$38.9M	Addition, Blossom Capital & 22 others	72/100
10th	Xoom 2001, San Francisco (United States), Acquired	Provider of online service for international money transfers, bill payments	$106M	Fidelity Ventures, DAG Ventures & 13 others	71/100
16th	TransferGo 2012, London (United Kingdom), Series C	Cross-border remittance solution for consumers and businesses	$110M	Black River Ventures, VEF & 44 others	66/100