X
Xfers
Internet Banking Payments Made Easy
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 dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Mar 2021 | $30M | $120M | PAYFAZZ · Fazz | ↗ |
| EARLY VC✓Equity / VC | Mar 2020 | $0 | — | Tribe Accelerator | — |
Growth signals
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.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed8 investors entered at this stage
Quest Ventures
Y Combinator
Tiang Lim Foo
500 Global
Golden Gate Ventures
Partech
Convergence Ventures
GMO Venture Partners
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
Nicolas El Baze
Tribe
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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
See Xfers’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.






