TransferGo News: Rankings and Investments

TransferGo News: Rankings and Investments

TransferGo is one of the most popular international transfer apps, which is widely used for sending small and medium sums across the world. With its low commission, this Lithuanian-based payment institution is an ideal assistant for sending money to your family and business partners. TransferGo is used by over 5 million customers. It is not a surprise that TransferGo has recently gained these stunning achievements:

High Rankings

At the end of October 2022, TransferGo was ranked No. 7 among the top 20 most competitive startups in Lithuania by 17min. Among other ranked startups are such successful unicorns as Vinted, Nord Security, Kilo Health, Oxylabs, and Nordcurrent.

Investments to TransferGo

In September 2021 TransferGo raised £37 million in a Series C funding round that was initiated by Elbrus Capital Fund III and Black River Ventures. The round also includes funding from new investor Unlimint, and continued backing from existing investors that include Hard Yaka, VEF, SmartHub, and Milano Investments. 

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