About Tranglo
Tranglo is a company based in Kuala Lumpur (Malaysia) founded in 2008 was acquired by TNG FinTech Group in October 2018.. Tranglo offers products and services including Tranglo Connect, Tranglo Business, and Tranglo Recharge. Tranglo operates in a competitive market with competitors including Remitly, Euronet Worldwide, Xoom, BookMyForex and NALA, among others.
- Headquarter Kuala Lumpur, Malaysia
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Ripple
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Tranglo
Tranglo offers a comprehensive portfolio of products and services, including Tranglo Connect, Tranglo Business, and Tranglo Recharge. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides single connection to global money transfer networks for businesses.
Enables secure sending and receiving of cross-border funds for merchants.
Facilitates international airtime top-ups and bill payments worldwide.
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Funding Insights of Tranglo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2021 | Amount | Seed - Tranglo | Valuation | Ripple |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tranglo
Tranglo has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Ripple, Ekuinas and TNG FinTech Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Ekuinas is engaged in private equity and credit investments.
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Founded Year | Domain | Location | |
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Blockchain-based payment network for cross-border transfers is developed.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tranglo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tranglo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tranglo Comparisons
Competitors of Tranglo
Tranglo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Remitly, Euronet Worldwide, Xoom, BookMyForex and NALA, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cross-border money transfers are facilitated via banking networks.
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Electronic payments and transaction processing solutions are offered globally.
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| domain | founded_year | HQ Location |
Cross-border money transfers are enabled via banking channels.
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Online foreign exchange and remittance services are facilitated in India.
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled online for individuals worldwide.
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| domain | founded_year | HQ Location |
International money transfer service provider.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tranglo
Frequently Asked Questions about Tranglo
When was Tranglo founded?
Tranglo was founded in 2008 and raised its 1st funding round 13 years after it was founded.
Where is Tranglo located?
Tranglo is headquartered in Kuala Lumpur, Malaysia.
What does Tranglo do?
Tranglo was established in 2008 in Kuala Lumpur, Malaysia, within the fintech sector focused on payment processing. A platform is operated for handling international transactions, including business payments, mass payouts, payment collections, money transfers, and mobile top-ups. Service providers are supported in delivering real-time airtime transfers to subscribers across borders, enabling efficient global operations in the payments industry.
Who are the top competitors of Tranglo?
Tranglo's top competitors include Azimo, Euronet Worldwide and NALA.
What products or services does Tranglo offer?
Tranglo offers Tranglo Connect, Tranglo Business, and Tranglo Recharge.