11 October 2021

TransferGo raises $50mn for digital payments 

Written By FinTech Alliance

TransferGo raises $50mn for digital payments 

TransferGo has raised $50mn in its Series C funding round. 

In Brief:

TransferGo enables international money transfers, especially remittances. 

The round was led by Elbrus Capital Fund III and Black River Ventures. 

It brings total raised by the business to $77mn. 

What does this mean? 

TransferGo was founded in 2012 with the aim of providing fast, secure transactions. It has so far processed 13.5mn international and local transactions worth over $6bn. It aims to keep delivering its product offering across Europe with the new funds. 

Read more here. 

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