When was Xfers founded?

Xfers was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Xfers located?

Xfers is headquartered in Singapore, Singapore.

How many employees does Xfers have?

As of Jul 01, 2024, the latest employee count at Xfers is 206.

Is Xfers a funded company?

Xfers is a funded company, having raised a total of $32.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 18, 2015.

When was the latest funding round of Xfers?

Xfers' latest funding was a $***** Series A round on Mar 04, 2021, with participation from 1 investor. Its primary sector is Payments. In Singapore, the Payments sector has seen $345M in funding in 2026 to date.

Where does Xfers rank among its competitors?

Xfers ranks 16th amongst 123 active competitors, of which 23 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was PayU, which secured $35.1M in Jul, 2025.

Who are the top competitors of Xfers?

Xfers' top competitors include Stripe, PayU and Xendit. Among them, PayU secured the most recent funding round in July, 2025.

Xfers - 2026 Company Profile, Team, Funding & Competitors

Xfers is a series A company based in Singapore (Singapore), founded in 2014 by Tianwei Liu, Tianyao Liu, Victor Liew Jia Hao and Samson Leo. 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 123 active competitors, including 23 funded and 17 that have exited. Its top competitors include companies like Stripe, PayU and Xendit.

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
Social

Key Metrics

Founded Year

2014

Location

Singapore, Singapore

Stage

Series A

Total Funding

$32.5M in 3 rounds

Latest Funding Round

Series A, Mar 04, 2021, $*****

Investors

Golden Gate Ventures & 15 more

Ranked

16^th among 123 active competitors

Employee Count

206 as on Jul 01, 2024

Investment & Acquisitions

ChainDebrief

Similar Companies

Stripe & 3354 more

View Xfers' full profile

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	6740235	Series A	3166125	4957569	9845561	8021468
Jan 06, 2016	5233686	Seed	8717108	1001591	1313798	Eduardo Saverin
Aug 18, 2015	8916292	Seed	6976822	9148959	9490413	Y Combinator

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View details of Xfers's funding rounds and investors

The founders of Xfers are Tianwei Liu, Tianyao Liu, Victor Liew Jia Hao and Samson Leo.

Here 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
Samson Leo: Co-founder, Chief Legal Officer of Xfers and founder of 1 other company.

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
Tianwei Liu	Team	-	Current	8y 2m
Tianyao Liu	Team	-	Current	11y 10m

View details of Xfers's Founder profiles and Board Members

Xfers' employee count trend

Xfers has 206 employees as of Jul 24. Here is Xfers's employee count trend over the years:

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Top competitors of Xfers include Stripe, PayU and Xendit. Here is the list of Top 10 competitors of Xfers, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 120 others	87/100
2nd	PayU 2002, Amsterdam (Netherlands), Series C	Provider of payment solutions and credit products for online merchants	$35.1M	Naspers, Prosus & 4 others	84/100
3rd	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$533M	Accel, Coatue & 28 others	83/100
4th	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Avenir Growth Capital & 71 others	83/100
5th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Iconiq Capital, Index Ventures & 14 others	80/100
6th	ACI Worldwide 1975, Omaha (United States), Public	Process and manage digital payments	-	JMI Management, Starboard Value & 2 others	76/100
7th	Checkout 2012, London (United Kingdom), Series D	Provider of payment processing and global money movement solutions	$1.83B	Coatue, DST Global & 14 others	74/100
8th	2C2P 2003, Singapore (Singapore), Acquired	Payment processing solutions for businesses	$85M	IFC, GMO Venture Partners & 11 others	69/100
9th	Flywire 2009, Boston (United States), Public	Provider of payment and software solutions for various business sectors	$263M	Spark Capital, Goldman Sachs & 35 others	66/100
10th	Telr 2013, Mumbai (India), Acquired	Provider of payment gateway services, enabling online payment acceptance solutions	$3.12M	Hatcher+, iMENA Group & 35 others	65/100
16th	Xfers 2014, Singapore (Singapore), Series A	A financial technology company that provides electronic payment processing and internet banking transfer services	$32.5M	GMO Venture Partners, Convergence Ventures ... & 14 others	59/100