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TransferGo has raised $50m in a Series C funding round. The company plans to grow 5x in the next 3-4 years.

1 octombrie 2021

TransferGO announced that it has raised $50m in a Series C funding round led by Elbrus Capital Fund III and Black River Ventures.

This news follows consistent 80% year-on-year growth for the company since its launch, and brings the total raised to-date to $77m.


„We will be using it to develop our product offering in support of ambitious plans to grow 5x in the next 3-4 years,” the company said.

Since launch, TransferGo has processed 13.5m international and local transactions, amounting to over $6bn in money flow.

The firm connects 3.5m customers across 160 markets.

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