Xfers - About the company
Xfers is a series A company based in Singapore (Singapore), founded in 2014 by Tianwei Liu, Tianyao Liu and Victor Liew Jia Hao. It operates as an A financial technology company that provides electronic payment processing and internet banking transfer services. Xfers has raised $32.5M in funding from investors like Golden Gate Ventures, GMO Venture Partners and BWB Ventures. The company has 6234 active competitors, including 537 funded and 493 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.
Company Details
A financial technology company that provides electronic payment processing and internet banking transfer services. It offers electronic money issuance services, focusing on making financial services more accessible for businesses. It provides QR-based payments, bulk transfers, money transfers, and more.
- Website
- xfers.com
Key Metrics
Founded Year
2014
Location
Singapore, Singapore
Stage
Series A
Total Funding
$32.5M in 3 rounds
Latest Funding Round
Investors
Ranked
134th among 6234 active competitors
Employee Count
26 as on Aug 31, 2026
Investment & Acquisitions
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Xfers's funding and investors
Xfers has raised a total funding of $32.5M over 3 rounds. Its first funding round was on Aug 18, 2015. Its latest funding round was a Series A round on Mar 04, 2021 for $*****. 1 investor participated in its latest round. Xfers has 15 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Xfers:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 04, 2021 | 4201678 | Series A | 8025850 | 7437083 | 3963765 | 4979695 |
Jan 06, 2016 | 6606745 | Seed | 1503042 | 6373056 | 1027499 | |
Aug 18, 2015 | 1987807 | Seed | 4608622 | 2031118 | 4784615 |
View details of Xfers's funding rounds and investors
Xfers' founders and board of directors
Founder? Claim ProfileHere are the details of Xfers' key team members:
- Tianwei Liu: Co-Founder of Xfers and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.
- Tianyao Liu: Co-Founder of Xfers and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses
- Victor Liew Jia Hao: Co-Founder of Xfers and founder of 2 other companies, StraitsX and Xfers. Contact Info: 1 email address
Xfers' Board of Directors
Xfers's board has 2 active members. Tianwei Liu and Tianyao Liu are part of team.Here is the list of Xfers' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 8m | |
Team | - | Current | 12y 4m |
View details of Xfers's Founder profiles and Board Members
Xfers' employee count trend
Xfers has 26 employees as of Aug 26. Here is Xfers's employee count trend over the years:
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Xfers's Competitors and alternates
Top competitors of Xfers include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Xfers, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 87/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 86/100 | |
3rd | Provider of payment and business banking solutions for enterprises | $742M | 85/100 | ||
4th | Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Online payment and money transfer platform for businesses | $554M | 83/100 | ||
6th | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 83/100 | |
7th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 81/100 | |
8th | Provider of in-store and online payment, prepaid, and financial solutions | $954M | 80/100 | ||
9th | GoCardless 2011, London (United Kingdom), Acquired | Provider of automated bank payment collection and recurring billing services | $540M | 80/100 | |
10th | PayU 2002, Amsterdam (Netherlands), Funding Raised | Provider of online payment solutions and financial services for businesses | - | 79/100 | |
134th | A financial technology company that provides electronic payment processing and internet banking transfer services | $32.5M | 58/100 |
Looking for more details on Xfers's competitors? Click here to see the top ones
Xfers's Investments and acquisitions
Xfers has a total of 1 investment in ChainDebrief. Xfers has not made any acquisitions as of now.Reports related to Xfers
Here is the latest report on Xfers's sector:
News related to Xfers
•
Fazz Financial Group raises $60m in Series C funding so far from Tiger Global, Insignia and othersShareandstocks•Jun 29, 2022•Fazz Financial, PAYFAZZ, Xfers, Tiger Global Management and 3 others
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Xfers’s Crypto Platform StraitsX Rebrands, Hits SGD 2 Billion Mark in TransactionsFinTechnews•Oct 11, 2021•Xfers
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Xfers’ digital assets payment platform hits $1.5b in transactionsTech in Asia•Oct 11, 2021•StraitsX, Xfers
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Liquid: Launches crypto ledger book for Singapore stablecoinFintechinshorts•Dec 15, 2020•Liquid, Xfers
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Crypto.com Now Allowing Singapore Users to Buy & Sell Crypto in SGD Instantly With Xfers WalletCrowdfund Insider•Dec 23, 2019•Xfers, CRYPTO
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Zilliqa Partners with Payments Platform Xfers to Drive Efficiencies Among Southeast Asian BusinessesFintech Finance•Jun 18, 2019•Zilliqa, Xfers
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