TransferGuru is an independent comparison service for international money transfer. It focuses on simplifying FX transfers, aiming to help SMEs transfer money across borders at the lowest cost possible. 40% of British businesses engage in cross-border payments, with around two thirds of them unknowingly incurring high bank charges. The platform targets these businesses, highlighting that a typical business with £500k in annual international transfers can save £15,000 annually, while also reducing transfer time significantly. Founded in 2015, TransferGuru operates within the finance, financial services, and fintech industries, with its headquarters in the United Kingdom. Its last investment, an £82.59K equity crowdfunding injection, took place on 21 June 2016. The platform's simple, secure, and quick tool aims to ensure that businesses secure the best FX transfer deal with each transaction.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Equity Crowdfunding | £82.59K | - | 21 Jun 2016 |
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