Founded in 2015, Xfers aims to accelerate financial access within Southeast Asia by enabling businesses to accept payments and send money. Xfers boasts a range of last-mile financial rails including the Xfers Send, Xfers Accept, Xfers Wallet, and StraitsX stablecoin.
In Singapore, Xfers is a Major Payment Institution licensed by the Monetary Authority of Singapore for e-money issuance.
In Indonesia, Xfers connects online businesses to a range of payment methods that include bank transfers, e-wallet, and offline channels such as agent banking networks and convenience stores.
For more information, visit https://www.xfers.com/.
Location: Singapore
Employees: 51-200
Total raised: $30M
Founded date: 2014
Investors 4
| Date | Name | Website |
| - | Tribe Acce... | tribex.co |
| - | Y Combinat... | ycombinato... |
| 22.10.2020 | Partech Pa... | partechpar... |
| 19.12.2021 | Quest Vent... | questventu... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 04.03.2021 | - | $30M | - |
Mentions in press and media 8
| Date | Title | Description | Source |
| 26.03.2024 | Singapore Remains the Top Choice For Venture Capital in Sout... | - | fintechnew... |
| 14.09.2022 | Tiger Global-backed fintech firm raises $100m series C round | FintechInvestmentsNewsStartups Aditya Hadi Pratama · 14 Sep 2022 · 2 min readTiger Global-backed fin... | techinasia... |
| 30.08.2021 | Meet the 15 Finalists for MAS’ Global CBDC Challenge | The Monetary Authority of Singapore (MAS) has announced the 15 finalists who have developed retail C... | fintechnew... |
| 03.03.2021 | Payfazz invests $30M in Xfers as the two Southeast Asian fin... | Payfazz and Xfers, two startups that want to increase financial inclusion in Southeast Asia, announc... | techcrunch... |
| 05.10.2020 | Singapore gets its first SGD-denominated stablecoin | Stablecoins have been part of the government-sponsored Project Ubin, which tested blockchain technol... | kr-asia.co... |
| 04.04.2020 | Kenneth Bok: Head of Growth and Strategy at Zilliqa, a Major... | Kenneth Bok, head of growth and strategy at Zilliqa, an established blockchain project that provides... | crowdfundi... |
| 10.07.2019 | Binance Launches Fiat-to-Crypto Gateway for Singapore Users | Binance – the global cryptocurrency exchange that in the last 24 hours has facilitated more than $2 ... | fintechnew... |
| 23.04.2019 | Binance’s hotly-anticipated Singapore crypto exchange is now... | Binance, the company widely seen as the world’s largest crypto exchange, has officially set up shop ... | techcrunch... |