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TransferFast logo — TransferFast transfers money instantly between banks 24/7, i...

TransferFast

TransferFast transfers money instantly between banks 24/7, including holidays, and is supervised by authorities.

Founded 2015 Estonia Estonia 2-10 employees Seed Total: $150.00K Payments, Banking

General Information

Company Name TransferFast
Founded Year 2015
Location Estonia Estonia
Employees 2-10
Industries Payments, Banking
Funding Stage Seed
Social

BounceWatch is an independent company data service, not affiliated with TransferFast. To contact TransferFast, visit transferfast.eu.

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About TransferFast

TransferFast is a fintech startup established in 2015 in Estonia. The company's slogan "TransferFast transfers money instantly between banks 24/7, including holidays, and is supervised by authorities" encapsulates its core offering. With the capacity to facilitate seamless fund transfers between different banks, TransferFast ensures instant processing around the clock. The platform's agility in inter-bank payment processing sets it apart, addressing a crucial need in the fast-paced banking and payment industries.

What distinguishes TransferFast is its accreditation as a fully licensed payment institution, subject to close monitoring by the Financial Supervisory Authority. This regulatory oversight serves to instill trust and reliability among both consumers and financial institutions. Notably, the company received a €150.00KSeed Round investment on 12 January 2016, which reflects the confidence of investors in its potential for growth and disruptive impact on the payment and banking sectors.

With its unwavering commitment to providing uninterrupted services, even on weekends, bank holidays, and festive occasions, TransferFast demonstrates a dedication to meeting customer needs. The ability to transfer money without temporal constraints underscores its value proposition, catering to the evolving demands of modern banking. As the company continues to navigate the competitive landscape of financial technology, its emphasis on instant, secure, and regulated fund transfers positions it favorably within the payments and banking industries.

Business keywords: money transfer, banking services, instant processing, 24/7 service, inter-bank transactions, financial institution, payment institution, supervised by authorities, Financial Supervisory Authority, licensed, bank holiday, continuous services, regulatory compliance

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round €150.00K -
12 Jan 2016

TransferFast Alternatives & Competitors

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TransferFast vs

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TransferFast vs

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TransferFast vs
Settle
Settle Norway

Pay and get paid instantly.

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FAQ About TransferFast

TransferFast transfers money instantly between banks 24/7, including holidays, and is supervised by authorities.
TransferFast was founded in 2015.
TransferFast is headquartered in Estonia.
TransferFast operates in Payments and Banking. Its work centres on money transfer, banking services, instant processing and 24/7 service.
TransferFast has approximately 2-10 employees.
TransferFast has completed 1 funding round, raising a total of $150.00K. The latest funding stage is Seed.
Top alternatives and competitors to TransferFast include Chillr, ValensPara Ödeme Kuruluşu A.Ş., Settle, VIALET, Clear Junction. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TransferFast and Chillr are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for TransferFast, https://www.bouncewatch.com/company/transferfast, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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