Transfi

About Transfi

Transfi provides a payment infrastructure that facilitates cross-border payments for businesses and individuals, with a focus on emerging markets. Founded in 2022 by Raj Kamal, who serves as the CEO, the company is headquartered in Dubai, UAE, and was incorporated as a Delaware C-Corp with offices in Tampa, Florida. Kamal is joined by a leadership team that includes Rahul Sahni (COO & CPO) and Prateek Bhargava (Chief Banking & Network Officer).

The company's core offering is a platform that enables businesses to send, receive, convert, and settle funds across both traditional fiat currencies and stablecoins. This is achieved through a single API integration that connects to over 250 local payment methods in more than 100 countries. Transfi's infrastructure is designed to address the inefficiencies of traditional cross-border payment rails by utilizing stablecoin technology for faster, cheaper, and more reliable transactions. The platform supports over 40 fiat currencies and a wide range of digital assets, including popular stablecoins like USDT and USDC, and operates across more than 35 blockchain networks.

Transfi serves a diverse clientele, including digital banks, fintech startups, wallet providers, e-commerce marketplaces, and Web3 native businesses. For these clients, Transfi's solutions power services such as payroll for global teams, treasury management, and remittances. The company offers several products, including 'TransFi Checkout,' a hybrid payment gateway that allows merchants to accept both fiat and crypto payments, and a 'Ramp Widget' that enables platforms to integrate fiat-to-crypto on and off-ramps. Additionally, their 'BizPay' platform provides a self-service solution for businesses to manage global payments and collections.

Since its inception, Transfi has achieved significant milestones, including securing a pre-seed funding round in March 2022 from investors like Quiet Capital and Titan Capital. In March 2023, it acquired a virtual exchange operator license in Lithuania. By March 2026, the company reported processing over $1 billion in transaction volume with over 200,000 active users. A Series A funding round led by Turing Financial Group in March 2026 secured $19.2 million, comprising $14.2 million in equity and a $5 million liquidity facility, to fuel expansion in emerging markets.