Xfers Pte

Financial ServicesSeedSingapore, Singaporexfers.io

Latest round

Seed

Last raised

Jan 2016

Total raised

$2.6M

Investors

8

About Xfers Pte

Based in Singapore, Singapore, and founded in 2014 by TianWei Liu, TianYao Liu, Victor Liew and Samson Leo, Xfers Pte Ltd is a fintech company that provides a platform for businesses and individuals to send and accept payments and track cashflow. The company is licensed by the Monetary Authority of Singapore (MAS) for e-money issuance. Xfers provides a range of financial rails including the Xfers Wallet, Xfers Accept, Xfers Send, Xfers Direct, and StraitsX stablecoin (XSGD). The company connects online businesses to multiple payment methods including e-wallet, bank transfers and offline channels like convenience stores and agent banking networks. The company generates revenue from charging fees for personal and business accounts. These fees include the top-up fee, withdrawal fee, transfer fee, XSGD deposit fee, and XSGD withdrawal fee. The company plans to use its proceeds from March 2021 to expand into Vietnam, Malaysia, the Philippines, and Thailand.

Who invested in Xfers Pte

8 investors across 2 rounds

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Funding rounds

  1. Seed

    Jan 6, 2016

    Amount

    $2.5M

    Investors

    Locked

  2. Seed

    Aug 14, 2015

    Amount

    $0.1M

    Investors

    Locked

Questions about Xfers Pte

Who invested in Xfers Pte?

Xfers Pte 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 Xfers Pte raised?

Xfers Pte has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Xfers Pte last raise money?

Xfers Pte's most recent round on record is a Seed, in Jan 2016.

What does Xfers Pte do?

Based in Singapore, Singapore, and founded in 2014 by TianWei Liu, TianYao Liu, Victor Liew and Samson Leo, Xfers Pte Ltd is a fintech company that provides a platform for businesses and individuals to send and accept payments and track cashflow.

Where is Xfers Pte headquartered?

Xfers Pte is headquartered in Singapore, Singapore.

Which VCs invest in companies like Xfers Pte?

Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at Xfers Pte's stage. Their profiles are linked below.

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