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Xoom - About the company

Xoom is an acquired company based in San Francisco (United States), founded in 2001 by Kevin Hartz and Alan Braverman. It operates as a Provider of online service for international money transfers, bill payments. Xoom has raised $106M in funding from investors like DAG Ventures, Fidelity Ventures and Sequoia Capital, with last known valuation of $*****. The company has 845 active competitors, including 114 funded and 42 that have exited. Its top competitors include companies like Wise, Payoneer and Remitly.

Company Details

Provider of online service for international money transfers, bill payments. The service facilitates sending money to bank accounts, debit cards, and mobile wallets. It also enables cash pickup and mobile phone reloads. Security measures, including data encryption and fraud monitoring, help safeguard transactions. Customer service centers offer support in multiple languages.
Social
X
Email ID
*****@xoom.com
Phone Number
+1 **********
Part Of
Key Metrics
Founded Year
2001
Location
San Francisco, United States
Stage
Acquired
Total Funding
$106M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jul 01, 2015
Ranked
Annual Revenue
$100M - $500M as on Dec 31, 2014
Employee Count
274 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by PayPal (Jul 01, 2015)

Xoom's acquisition details

Xoom got acquired by PayPal on Jul 01, 2015 at an acquisition amount of $*****.
Click here to take a look at Xoom's acquisition in detail
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Xoom's funding and investors

Xoom has raised a total funding of $106M over 6 rounds. Its first funding round was on Oct 01, 2003. Its latest funding round was a Series F round on Nov 22, 2011 for $*****. 2 investors participated in its latest round. Xoom has 13 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Xoom:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 22, 2011
4804703
Series F
5698166
2234630
7909352
4636472
Mar 18, 2010
6518829
Series F
3264500
8425847
3052778
6825131
Sep 28, 2007
6041168
Series E
5927809
3328797
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Xoom's founders and board of directors

Founder? Claim Profile
The founders of Xoom are Kevin Hartz and Alan Braverman.
Here are the details of Xoom's key team members:

Xoom's employee count trend

Xoom has 274 employees as of Jun 26. Here is Xoom's employee count trend over the years:
Employee count trend for Xoom
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Xoom's Competitors and alternates

Top competitors of Xoom include Wise, Payoneer and Remitly. Here is the list of Top 10 competitors of Xoom, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Wise
Wise
2011, Shoreditch (United Kingdom), Public
Provider of international money transfer and multi-currency
$1.03B
87/100
2nd
Logo for Payoneer
Payoneer
2005, New York City (United States), Acquired
Provider of cross-border payment solutions for freelancers, businesses, and marketplaces
$269M
85/100
3rd
Logo for Remitly
Remitly
2011, Seattle (United States), Public
Provider of international money transfer services with multiple delivery options
$436M
84/100
4th
Logo for Airwallex
Airwallex
2015, San Francisco (United States), Series H
Provider of financial infrastructure for processing payments and managing treasury
$1.9B
82/100
5th
Logo for Ebury
Ebury
2009, London (United Kingdom), Acquired
Provider of global payment solutions, currency risk management, and business lending
$374M
79/100
6th
Logo for Thunes
Thunes
2016, Singapore (Singapore), Series D
Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions
$362M
77/100
7th
Logo for Venmo
Venmo
2009, New York City (United States), Acquired
Provider of a platform for sending and receiving payments between users
$1.3M
76/100
8th
Logo for Xoom
Xoom
2001, San Francisco (United States), Acquired
Provider of online service for international money transfers, bill payments
$106M
71/100
9th
Logo for Remessa Online
Remessa Online
2016, Sao Paulo (Brazil), Acquired
Provider of international money transfer services for individuals and businesses
$21.5M
73/100
10th
Logo for Kadmos
Kadmos
2021, Germany, Acquired
Provider of a platform for managing and automating international salary payments
$38.9M
73/100
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Xoom's Investments and acquisitions

Xoom has acquired 2 companies including BlueKite and Flyswat. Xoom has not made any investments as of now.

Reports related to Xoom

Here is the latest report on Xoom's geography:

News related to Xoom

lockFilter this list
Media has covered Xoom for 1 event in last 1 year, It was about company updates.
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FAQs about Xoom

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