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.
„Dupa ce oamenii creeaza un cont PayByFace si au adaugat cardul, selfi-ul si PIN-ul, si au avut un pic de curaj sa se duca sa incerce, daca au incercat o data plata prin recunoastere faciala nu mai folosesc altceva (n.r. ca modalitate de plata). 80% dintre ei numai asta folosesc. Le place la nebunie.”
Afla aici rezultatele in adoptia platii prin recunoastere faciala.