Transfer Galaxy

Series A · Fintech · Stockholm, Sweden · Founded 2014 · 67–80 employees

Transfer Galaxy is a digital remittance platform that enables instant money transfers from 25 European countries to destinations in Africa, Asia, and the Middle East, targeting immigrants sending support to loved ones. The Swedish fintech company has processed over 5 billion SEK in transactions and serves as a regulated payment institution since 2017. Founded in 2014 by immigrants frustrated with traditional money transfer services, they've raised $4.2M including a $3.7M Series A round in 2018 from notable VCs Alfvén & Didrikson and BackingMinds. The company has won multiple awards including Best FinTech Startup 2017 at the Nordic Startup Awards and is expanding internationally with offices in Stockholm, Örebro, and Frankfurt.

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