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TransferGo has raised $17.6 million in a Series B funding round led by Vostok Emerging Finance and Hard Yaka to enhance its international money transfer services.

PRIVATEApr 21, 2025•about 1 year ago

Amount Raised

$17.6 Million

Round Type

series b

LondonFinancial Services

Investors

Practica CapitalU Start ClubRevo CapitalHard YakaVostok Emerging Finance

Description

TransferGo, an international money transfer company, has successfully raised over $17.6 million as part of a Series B funding round. The funds, led by Vostok Emerging Finance and Hard Yaka, will help expand their services. The company provides fast, cost-effective money transfers and recently launched a free service. With an increasing customer base, TransferGo aims to improve its technology and infrastructure.

Company Information

Company

TransferGo

Location

London, England, United Kingdom

About

TransferGo is a fast-growing fintech scale-up that offers online money transfers to over 160 countries with high speeds, low fees and no hassle. We aim to provide more accessible financial services to migrants, making international money transfers cheaper, simpler, and faster. We’re striving to make the world a fairer place for migrants by providing tailored, more affordable financial services that makes their hard-earned money go further. Over 350 employees in offices across Europe are building a brilliant, relevant product supported by outstanding customer service. We’ve come this far by building a talented, diverse workforce on a fair culture of trust, empowerment, and fun. And because our people understand the challenges our customers face, they’re better placed to make life easier for our customers around the world—6 million of them, and counting.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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