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.
Funding Stage | Amount | No. Investors | Investors | Date |
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Seed Round | €150.00K | - | 12 Jan 2016 |
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