TransferGo

TransferGo is an international money transfer service headquartered in London. The Lithuanian founders Arnas Lukoševičius, Daumantas Dvilinskas, Edvinas Šeršniovas and Justinas Lasevičius started it in 2012, and it keeps offices in Vilnius, Berlin and Warsaw. TransferGo states that it serves more than eight million people and businesses in over 160 countries.

Features

• Online and app transfers to bank accounts in many countries
• Services to send, manage and spend money, including accounts for businesses
• Regulation by the Bank of Lithuania for the electronic money institution UAB TransferGo Lithuania

Good to know

TransferGo advertises fast delivery and prices below those of banks. Both depend on the currency corridor and the payment method, so the quote shown at checkout is what matters. Investors include Taiwania Capital, which put in 10 million US dollars in 2024, and the listed investment company VEF. No investor holds a majority.