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Xfers

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Internet Banking Payments Made Easy

Singapore, SingaporeFounded 2014Fintech
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Xfers and the history behind them.

About Xfers

Xfers is a financial technology startup focused on creating a trusted and open financial ecosystem in Southeast Asia, with a particular emphasis on Indonesia. The company aims to accelerate financial access in the region by providing a platform that allows businesses to accept and send money using a variety of local payment methods. These methods range from traditional bank transfers to cash payments, catering to the diverse financial landscape of Indonesia.

Xfers primarily serves businesses that need to manage payments and fund transfers efficiently. This includes e-commerce platforms, service providers, and any enterprise that requires a reliable way to handle transactions. The company operates in the financial technology (fintech) market, which is rapidly growing in Southeast Asia due to increasing digital adoption and the need for more inclusive financial services.

The business model of Xfers revolves around offering a suite of payment solutions that can be easily integrated into a client's existing systems. This is achieved through their API (Application Programming Interface), which allows businesses to automate and customize their payment flows. Additionally, Xfers provides a user-friendly dashboard for managing transfers and payouts without the need for extensive technical development.

Xfers generates revenue by charging transaction fees for the payments processed through its platform. These fees are typically a small percentage of each transaction, making it a scalable and sustainable business model as the volume of transactions increases.

In summary, Xfers is a fintech company dedicated to enhancing financial access in Southeast Asia by providing versatile and easy-to-integrate payment solutions for businesses. It serves a diverse range of clients in a rapidly growing market, leveraging technology to simplify and automate financial transactions.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Singapore, Singapore
Employees
29
Open positions
None listed
Dealroom signal
66.9/100
Industry
Fintech
Sub-industry
Payments, Banking
Sector
Fintech, Retail, SaaS, Banking, YC S15, financial inclusion
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Mar 2021 $30M $120M PAYFAZZ · Fazz ↗
EARLY VC✓Equity / VC Mar 2020 $0 — Tribe Accelerator —
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Xfers website traffic

Latest recorded traffic for Xfers is 250 monthly website visits, down 97.5% over the last three months. Xfers's team declined 9.4% over the past year.

Latest monthly visits250 3-month web change-97.5% 1-year team growth-9.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed8 investors entered at this stage

Series A1 investor entered at this stage

  • Tribe Accelerator

Series B and later2 investors entered at this stage

  • PAYFAZZ
  • Fazz

Other known investors2 additional known investors

Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇸🇬 Singapore57.1%
🇮🇩 Indonesia28.6%
🇵🇭 Philippines7.1%
🇹🇼 Taiwan7.1%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Xfers on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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