About TransferGalaxy
TransferGalaxy is a company based in Orebro (Sweden) founded in 2014. TransferGalaxy has raised $4.19 million across 2 funding rounds from investors including Alfvén & Didrikson, Backing Minds and Emad Zand. TransferGalaxy operates in a competitive market with competitors including Wave Systems, Chipper Cash, WorldRemit, bKash and YouTrip, among others.
- Total Equity Funding$4.19M (USD)
in 2 rounds
- Latest Funding Round$3.66M (USD), Series A
Feb 2018
- InvestorsAlfvén & Didrikson
& 2 more
Apps and channels of TransferGalaxy
TransferGalaxy publishes 1 mobile app with over 100K+ downloads; its YouTube channel Transfer Galaxy AB has 4.34K subscribers and 30 videos.
Videos from TransferGalaxy
The most watched videos on TransferGalaxy's YouTube channel, Transfer Galaxy AB (4.34K subscribers). Click a video to play it here.
More on Transfer Galaxy AB.
Funding Insights of TransferGalaxy
TransferGalaxy has successfully raised a total of $4.19M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.66 million completed in February 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.19M
- Total Rounds 2
- Last Round Series A — $3.66M
- First Round $525,087
(Sep 2016)
- Investors Count 3
All 2 funding rounds of TransferGalaxy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2018 | $3.66M | Series A | – | Alfvén & Didrikson | |
| Sep 2016 | $525,087 | Seed | – | Backing Minds |
3 investors in total: 2 institutional and 1 angel.
Investors in TransferGalaxy
TransferGalaxy has secured backing from 3 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Alfvén & Didrikson, Backing Minds and Emad Zand.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early & mid-stage life sciences and tech focused VC firm investing primarily in Sweden | – | alfvendidrikson.com | Stockholm, Sweden | |
Mental healthcare services are provided in Stockholm, Sweden. | – | backingminds.com | Stockholm, Sweden | |
EZ Emad Zand | - | – | unknown_e26183a2a00f47dea | - |
Investor details for TransferGalaxy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Verified entity values are shown only after access is granted.
People of TransferGalaxy
27 people are tracked at TransferGalaxy (11 in leadership, 16 in team).
| Name | Role | Group |
|---|---|---|
Gazi I. | Head Of Marketing | Leadership |
Abdirahman Ahmed | Chief Design Officer | Leadership |
Ali Mohamed | Co-founder & COO | Leadership |
Karolina Forsberg | Head of accounting | Leadership |
Mustafa Ibrahim | Chief Customer Officer | Leadership |
Yosef Mohamed | Co-founder & CEO | Leadership |
Mustafa Osman | Chief Customer Officer (CCO) | Leadership |
Sayed Mirwais Khan | Head Of Marketing | Leadership |
Anton Wahlberg | Head Of Finance | Leadership |
Khalid Qassim | Head Of Customer Service | Leadership |
Ulrika Kjellberg | Head Of Legal And Compliance | Leadership |
Salman Khan | Team Lead | Team |
Abdulkadir Hussien | Customer Service Representative | Team |
Johan Berselius | Financial Controller | Team |
Aneeq Ahmed | Software Test Engineer | Team |
Mutti-Ur-Rehman Qureshi | Software Developer | Team |
Salah Harnafi | Financial Controller | Team |
Leyla Kusow | Customer Service Specialist | Team |
Hussnain Muavia | Android Developer | Team |
Lisa Gabrielsson | Marketing Specialist - Thailand | Team |
7 more people are available in the full profile.
Complete people profiles for TransferGalaxy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of TransferGalaxy
3 dated milestones of TransferGalaxy across 4 years, from founding to its latest funding, stage changes and deals.
- Founded TransferGalaxy is founded.
- Funding First funding round of $525K.
- Funding Latest funding round, Series A, of $3.7M.
Competitors of TransferGalaxy
TransferGalaxy 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 Wave Systems, Chipper Cash, WorldRemit, bKash and YouTrip, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wave.com | 1996 | Lee, United States | $326.26M | – | Cross-border money transfers are enabled via an app-based wallet. | |
| chippercash.com | 2018 | San Francisco, United States | $302.2M | – | Cross-border remittances are enabled for individuals through a mobile wallet. | |
| worldremit.com | 2010 | London, United Kingdom | $623.96M | 263 | Banking channel for cross border money transfers | |
| bkash.com | 2011 | Dhaka, Bangladesh | $261M | – | Mobile financial services and payment system for consumers | |
| you.co | 2018 | Singapore | $105.5M | – | NFC-enabled travel cards and wallets are provided for travelers. | |
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| paysend.com | 2015 | Valletta, Malta | $226.9M | – | Cross-border money transfers are enabled via digital wallet. | |
| sendwave.com | 2011 | Boston, United States | $13.8M | 339 | Cross-border money transfers are facilitated through a mobile wallet service. | |
| lemfi.com | 2020 | Maidstone, United Kingdom | $86.85M | – | Cross-border payments are enabled for sending and receiving money internationally. | |
| taptapsend.com | 2018 | London, United Kingdom | $78.36M | – | Cross-border money transfers are enabled by an app-based digital wallet. |
Detailed competitors of TransferGalaxy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of TransferGalaxy
The website of TransferGalaxy (transfergalaxy.com) receives about 66.5K visits a month and ranks #475,892 among all websites worldwide, #5,841 in Financial Planning and Management.
- Monthly visits66.5K
▲ 22.2% vs previous month
- Unique visitors17.1K
per month
- Global rank#475,892
among all websites
- Category rank#5,841
Finance · Financial Planning and Management
- Bounce rate34%
- Pages per visit4.8
- Average visit1 min 18 sec
- DevicesDesktop 11% · Mobile 89%
Latest news on Transfergalaxy
Complete news archive for TransferGalaxy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to TransferGalaxy
10 companies that operate in the same segment as TransferGalaxy (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about TransferGalaxy
TransferGalaxy was founded in 2014 and raised its 1st funding round 2 years after it was founded.
TransferGalaxy is headquartered in Orebro, Sweden. It is registered at Orebro, Orebro County, Sweden.
TransferGalaxy is a funded company, having raised a total of $4.19M across 2 funding rounds to date. The company's 1st funding round was a Seed of $525.09K, raised on Sep 2016.
TransferGalaxy was founded in 2014 as a platform for cross-border money transfers within the fintech sector. Recipient details and transfer amounts are entered by users, with payments accepted through debit or credit cards and bank transfers. Operations focus on facilitating international remittances, though specific geographic coverage is not detailed. The service supports straightforward transaction processing for global users.
TransferGalaxy's top competitors include Chipper Cash, Taptap Send and WorldRemit.
TransferGalaxy has 3 investors. Key investors include Alfvén & Didrikson, Backing Minds, and Emad Zand.
TransferGalaxy operates through Transfer Galaxy Ab.
Yes. TransferGalaxy publishes Transfer Galaxy Money Transfer, with over 100,000 downloads.