Pangea USA
Latest round
- Series B
Last raised
- Dec 2016
Total raised
- $1M
Investors
- 8
About Pangea USA
Pangea USA, LLC, based in Chicago, offers fast, secure, and affordable international money transfer services designed for a diverse clientele.Founded in 2012 and headquartered in Chicago, US, Pangea USA, LLC specializes in facilitating international money transfers.Pangea Money Transfer specializes in facilitating fast, secure, and affordable international money transfers. Their core offering is a digital platform that allows users to send money across borders with competitive exchange rates and minimal fees, ensuring transparency without hidden costs. Customers can transfer funds through various methods, including bank deposits, debit card deposits, mobile wallets, and cash pickups, catering to a diverse client base that includes individual consumers and families looking to support loved ones abroad. The service targets numerous geographical markets, including countries in Latin America such as Mexico, Guatemala, and Colombia, as well as select nations in Asia and Africa.Pangea generates revenue primarily through transaction fees associated with its money transfer services, applying a structured pricing model based on the chosen payment method and destination country. For instance, users sending money via debit or credit cards may encounter different fee structures compared to those making transfers directly from bank accounts. The company also offers a promotional rate for new customers on their first transaction, enhancing user acquisition while retaining existing clients through competitive exchange rates. Each transaction contributes to the overall revenue, with fees varying depending on the service utilized and the amount sent. The company is targeting expansion into regions in Asia and Africa by 2025. The partnership with Wasson Enterprise will facilitate these efforts, ensuring that they can scale operations effectively while addressing the evolving needs of their clientele.
Who invested in Pangea USA
8 investors across 2 rounds
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Questions about Pangea USA
Who invested in Pangea USA?
Pangea USA has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Pangea USA raised?
Pangea USA has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Pangea USA last raise money?
Pangea USA's most recent round on record is a Series B, in Dec 2016.
What does Pangea USA do?
Pangea USA, LLC, based in Chicago, offers fast, secure, and affordable international money transfer services designed for a diverse clientele.
Where is Pangea USA headquartered?
Pangea USA is headquartered in Chicago, US.
Which VCs invest in companies like Pangea USA?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Pangea USA's stage. Their profiles are linked below.
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