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.

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 Mar 31, 2026, the latest employee count at TransferGo is 369.

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 £32.5M as on Dec 31, 2021.

Where does TransferGo rank among its competitors?

TransferGo ranks 6th amongst 767 active competitors, of which 72 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Aspora, which secured $53M in Jun, 2025.

Who are the top competitors of TransferGo?

TransferGo's top competitors include Payoneer, Remitly and Wise. Among them, Aspora secured the most recent funding round in June, 2025.

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 & 46 more

Ranked

6^th among 767 active competitors

Annual Revenue

£32.5M as on Dec 31, 2021

Employee Count

369 as on Mar 31, 2026

Similar Companies

Payoneer & 987 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 HOLDINGS LIMITED CIN: 9790070 , Germany, Active	Sep 21, 2015	-	-
TRANSFERGO LTD CIN: 913139844 , Norway, Active	Jan 16, 2012	-	-
TRANSFERGO LTD CIN: 7914165 , Germany, Active	Jan 17, 2012	$44.7M (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 44 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	4081425	Series C	6862154	5486247	3443910	1426179
Apr 02, 2024	8105708	Series C	2087414	8798149	3523894	Taiwania Capital
Sep 28, 2021	5899882	Series C	4053906	6361449	Elbrus Capital & 1 more	Unlimint & 4 more

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View details of TransferGo's funding rounds and investors

The founders of TransferGo are Daumantas Dvilinskas, Edvinas Sersniovas, Justinas Lasevicius 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.
Edvinas Sersniovas: Co-Founder of TransferGo. They serve on the board of 1 company.
Justinas Lasevicius: 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 1 active member. Edvinas Sersniovas is part of team.

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

Name	Type	Representing	Status	Duration
Daumantas Dvilinskas	Team	-	Current	13y 2m
Edvinas Sersniovas	Team	-	Current	14y 1m
Justinas Lasevicius	Team	-	Current	14y 1m

View details of TransferGo's Founder profiles and Board Members

TransferGo's employee count trend

TransferGo has 369 employees as of Mar 26. Here is TransferGo's employee count trend over the years:

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Top competitors of TransferGo include Payoneer, Remitly and Wise. 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), Public	Provider of cross-border payment solutions for freelancers, businesses, and marketplaces	$269M	TCV, Wellington & 22 others	85/100
2nd	Remitly 2011, Seattle (United States), Public	Provider of international money transfer services with multiple delivery options	$436M	Generation Investment Management, PayU & 38 others	84/100
3rd	Wise 2011, Shoreditch (United Kingdom), Public	Provider of multi-currency accounts, international money transfers, and card services	$1.03B	Lone Pine Capital, Valar Ventures & 116 others	81/100
4th	Xoom 2001, San Francisco (United States), Acquired	Provider of online service for international money transfers, bill payments	$106M	Fidelity Ventures, DAG Ventures & 12 others	76/100
5th	MoneyGram 1940, Dallas (United States), Acquired	Provider of global money transfer and payment services for individuals	-	Goldman Sachs, Ripple & 3 others	75/100
6th	TransferGo 2012, London (United Kingdom), Series C	Cross-border remittance solution for consumers and businesses	$110M	Black River Ventures, VEF & 45 others	74/100
7th	Remessa Online 2016, Sao Paulo (Brazil), Acquired	Provider of international money transfer services for individuals and businesses	$21.5M	Kaszek, Bewater Ventures & 4 others	73/100
8th	WorldRemit 2010, London (United Kingdom), Series D	Provider of international money transfer and mobile airtime top-up services	$365M	TCV, Accel & 47 others	71/100
9th	CurrencyFair 2010, Dublin (Ireland), Series B	Cross-border money transfer platform	$23.1M	Octopus Ventures, Frontline Ventures & 9 others	70/100
10th	Aspora 2022, London (United Kingdom), Series B	Operator of a platform facilitating international money transfers and related services	$95.5M	Hummingbird Ventures, Sequoia Capital & 10 others	68/100