TransferGalaxy
| Private company | |
| ISIN | 🆔 |
| Industry | Financial Services |
| Founded 📆 | 2014 |
| Founders 👔 | Yosef Mohamed, Ali Mohamed and Khalid Qassim |
| Headquarters 🏙️ | , Vivalla, Örebro , Sweden |
Area served 🗺️ | |
| Members | |
Number of employees | |
| 🌐 Website | transfergalaxy |
| 📇 Address | |
| 📞 telephone | |
TransferGalaxy is a Swedish fintech startup that offers an online money transfer service. They are specialised in international remittance to mobile wallets.[1][2] By visiting the website, customers are able to send money from 25 European countries to 17 countries around the world.[3] The company's headquarters is based in Vivalla, Örebro.[4]
History[edit]
TransferGalaxy was founded in 2014 by the brothers Yosef and Ali Mohamed and childhood friend Khalid Qassim.[5] The idea came from their own personal struggle when sending money to their relatives back in Somalia[6]. They wanted to simplify the process by creating a similar solution to Swish (payment) for foreign payments.[7][8]
Funding[edit]
In 2016 TransferGalaxy received seed funding from angel investors and venture capital firm Backing Minds, led by tech profiles Sara Wimmercranz and Susanne Najafi.[9][10] This was followed by an USD $3.6 million Series A-round in 2018 led by venture capital firm Alfvén & Didrikson.[11][12]
Awards[edit]
TransferGalaxy has received many awards for their innovative service. In 2016 they won "Best Company" at Business Challenge[13] and this was followed by winning "Innovation of the Year" at Örebrogalan 2017.[14][15] The same year the company also took home the award "Best FinTech Startup" at the Nordic Startup Awards.[16]
In 2018 Business Insider declared TransferGalaxy to be one of the 31 hottest Nordic startups to look out for during the year.[17]
References[edit]
- ↑ "TransferGalaxy | Crunchbase". Crunchbase.
- ↑ "TransferGalaxy | Nordic Tech List". Nordic Tech List.
- ↑ "Send money online with Transfer Galaxy". www.transfergalaxy.com. Retrieved 2018-08-29.
- ↑ "About us | TransferGalaxy". transfergalaxy.com. Retrieved 2018-08-29.
- ↑ "Kompisgänget som bygger Sveriges hetaste fintechbolag" [The friends that build Sweden's hottest fintech company] (in svenska). Retrieved 2018-08-29.
- ↑ Jonas, Leijonhufvud (2017-07-09). "Transfer Galaxy-grundaren: "Jag och pappa skickar pengar till en föräldralös släkting varje månad"" [The Transfer Galaxy founder: "My dad and I send money to a family member every month"]. digital.di.se (in svenska).
- ↑ Wisterberg, Erik (2017-04-28). "Transfer Galaxy dömdes ut av riskkapitalisterna – fick bud på över 50 miljoner kronor" [Rejected by venture capitalists - offered over 50MSEK for their company] (in svenska). Breakit.
- ↑ Leijonhufvud, Jonas (2016-09-06). "Ska bli ett swish for utlandsbetalningar" [Shall become a Swish for foreign payments] (in svenska). DI Digital.
- ↑ "Transfer Galaxy - Backing Minds". Backing Minds. Retrieved 2018-08-29.
- ↑ "HM-chefen stöttar Vivallakompisarnas företag" [The CEO of HM supports the company of friends from Vivalla]. op.se (in svenska). 2016-09-07. Retrieved 2018-08-29.
- ↑ "Transfer Galaxy joins the A&D family!". Alfvén Didrikson.
- ↑ Sputnik. "'Swish for Migrants' One of Sweden's 'Fastest-Growing Companies'". sputniknews.com. Retrieved 2018-08-29.
- ↑ "Vinnare i Business Challenge hösten 2016". Mynewsdesk (in svenska). 2016-11-16. Retrieved 2018-08-29.
- ↑ "Vinnare Örebrogalan 2017". Örebrogalan (in svenska).
- ↑ "Årets innovationspris till TransferGalaxy - Totally Örebro" [Innovation of the Year to TransferGalaxy]. www.totallyorebro.se (in svenska). Retrieved 2018-08-29.
- ↑ "These 9 Swedish startups were best of class in 2017". nordic.businessinsider.com. 2017-09-05. Retrieved 2018-08-29.
- ↑ "LIST: The 31 Hottest Nordic Startups to look out for in 2018, according to VCs". nordic.businessinsider.com. 2017-07-31. Retrieved 2018-08-29.
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