TransferGo’s customer base is predominantly made up of migrants who send money home to their families. Countries where money can be sent now top more than 65, while you can send money from 33 countries.
TransferGo CEO and co-founder, Daumantas Dvilinskas said, “We are thrilled that so many people across the world are using TransferGo to send money overseas. We strive to put our users at the forefront of everything we do and reaching this milestone is testament to the customer-centricity of our business.”
Since launching, TransferGo has facilitated over seven million transactions, with the number of remittances made daily increasing significantly since many countries went into lockdown earlier this year. Furthermore, Dvilinskas says TransferGo has grown 30% over the lockdown period, with “significant uptake” in organic growth, signifying what he frames as accelerated digitisation in emerging markets.
“With footfall decreasing dramatically in high-street financial services companies, anyone looking to send money abroad to friends and family has become reliant on digital-first money transfer services. With a continued march towards a cashless society, our service is becoming more vital than ever, and we’re working diligently to support the evolving needs of both new and existing customers in these challenging circumstances,” he says.
