Transfez
Latest round
- Seed
Last raised
- Apr 2021
Total raised
- $1M
Investors
- 2
About Transfez
Founded in 2020, Transfez is headquartered in Jakarta, Indonesia.22 mn.Transfez, developed by PT Indo Koala Remittance, is a financial technology platform that specializes in international money transfers. Its core offering is a secure application that facilitates fund transfers to various countries, addressing the need for quick remittances. The service primarily targets expatriates and individuals needing to send money across borders, supporting families and businesses that rely on timely financial assistance.Transfez generates revenue primarily through transaction fees for international money transfers. Clients incur a fee with each transaction, contributing to the company's income in a B2C framework. While specific pricing plans are not disclosed, fees scale based on transaction amounts and destination countries. Currently operating in the B2C segment, Transfez offers money transfer services to 26 currencies in over 50 countries and plans to extend its services into the B2B payment sector in the near future.
Who invested in Transfez
2 investors across 1 round
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Funding rounds
Seed
Apr 29, 2021
Amount
$1M
Investors
Questions about Transfez
Who invested in Transfez?
Transfez has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Transfez raised?
Transfez has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Transfez last raise money?
Transfez's most recent round on record is a Seed, in Apr 2021.
What does Transfez do?
Founded in 2020, Transfez is headquartered in Jakarta, Indonesia.
Where is Transfez headquartered?
Transfez is headquartered in Jakarta, Indonesia.
Which VCs invest in companies like Transfez?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at Transfez's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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