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Xfers

Fintech · Singapore, Singapore · Founded 2014

Internet Banking Payments Made Easy MoreLess

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.

Keywords: fintech, Southeast Asia, Indonesia, payments, API, fund transfers, financial access, e-commerce, transaction fees, automation.

Company overview

Xfers company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2014
Headquarters
Singapore, Singapore
Employees
29
Open positions
None listed
Dealroom signal
66.9
client focusb2bsub industryPaymentssub industryBankingindustryFintechsectorRetailsectorSaaSsectorBankingsectorYC S15sectorfinancial inclusion

Valuation & funding

Xfers funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCEquity / VC Mar 2021 $30M $120M PAYFAZZ · Fazz
EARLY VCEquity / VC Mar 2020 $0 Tribe Accelerator
SEEDEquity / VC Jan 2016 $2.5M $10M Y Combinator · 500 Global · Golden Gate Ventures · Partech
SEEDEquity / VC Oct 2015 $0 Tiang Lim Foo
SEEDEquity / VC Jun 2015 $125K $500K Y Combinator
ANGELEquity / VC Nov 2014 Quest Ventures
Showing 6 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 27
2025 32
2024 38
2023 44
2022 117
2021 197
2020 88
Company filings, research estimates and Dealroom dataOpen the full financial model →

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%
Monthly website visits122 observations · Feb 2016–Jun 2026
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Comparisons

Xfers compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Xfers's talent

Book a demo to see the people
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.

Investors

13 investors on Xfers's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 8 investors entered at this stage
Quest Ventures
Y Combinator
Tiang Lim Foo
500 Global
Golden Gate Ventures
Partech
Convergence Ventures
GMO Venture Partners
Series A 1 investor entered at this stage
Tribe Accelerator
Series B+ 2 investors entered at this stage
PAYFAZZ
Fazz
Other known 2 additional known investors
Nicolas El Baze
Tribe

Global footprint

Where Xfers has talent and traffic

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

In the news

Latest news about Xfers

Recent press, funding announcements, and product moves mentioning Xfers — open to read from the original sources.

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Market sentiment

What the market is saying about Xfers

An AI-synthesized read of the highest-engagement posts about Xfers on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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