About TransferMex
TransferMex is a company based in Mexico City (Mexico) founded in 2020. It operates as a D2C, and B2B. TransferMex offers products and services including TransferMex Card and TransferMex App. TransferMex operates in a competitive market with competitors including Fondeadora, AFIX and Fortinet Financial Servcies, among others.
- Headquarter Mexico City, Mexico
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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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- Legal Name Transfermex Inc
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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
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Employee Count
Employee Count
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Products & Services of TransferMex
TransferMex offers a comprehensive portfolio of products and services, including TransferMex Card and TransferMex App. 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.
Card for receiving paychecks and making payments worldwide.
App for sending money to Mexico via transfers.
Funding Insights of TransferMex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investments & Acquisitions by TransferMex
| 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 - TransferMex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Transfermex Comparisons
Competitors of TransferMex
TransferMex 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 Fondeadora, AFIX and Fortinet Financial Servcies, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet-first bank for retailers
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| domain | founded_year | HQ Location |
Delivers digital financing solutions tailored for small and medium-sized enterprises.
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| domain | founded_year | HQ Location |
Operates as an internet-first bank offering digital financial services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about TransferMex
When was TransferMex founded?
TransferMex was founded in 2020.
Where is TransferMex located?
TransferMex is headquartered in Mexico City, Mexico.
What does TransferMex do?
TransferMex is a financial service that allows seasonal workers to receive paychecks directly onto a dedicated card and send money to Mexico through bank transfers or cash pickups. It offers low fees for transactions and is designed for easy use with Mastercard acceptance. Based in the United States, it serves agricultural workers and their families, facilitating payments and remittances with features like direct deposits and online shopping.
Who are the top competitors of TransferMex?
TransferMex's top competitors include Fondeadora, AFIX and Fortinet Financial Servcies.
What products or services does TransferMex offer?
TransferMex offers TransferMex Card and TransferMex App.