TransferTo
TransferTo is a Singapore-based B2B fintech infrastructure provider operating in 160 countries, enabling fintechs, banks, marketplaces, digital wallets, and mobile operators to process payments, banking services, and digital value transfers across 130+ markets, primarily in emerging economies.
- Company typePrivate
- Founded2009
- HeadquartersSingapore, Singapore
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What TransferTo does
TransferTo is a Singapore-headquartered B2B fintech infrastructure company operating in 160 countries with payment rails covering 130+ markets. Through its proprietary technology platform, it enables fintechs, banks, marketplaces, digital wallets, super apps, PSPs, and mobile operators to accept, settle, and make payments, including AML and compliance services. The company positions itself around economic inclusion in emerging markets, where it offers four core product lines: Global Payments Infrastructure, Banking as a Service, Digital Value Services (telecom transfers, mobile data, prepaid top-ups, bill payments, vouchers), and MVNO Infrastructure (telco backend outsourcing). Sub-brands Thunes, Ezra, and DT One extend the platform across cross-border payments and digital value services.
The business operates a platform-plus-services architecture monetized primarily through transaction fees on payment processing and digital value services, supplemented by subscription or recurring revenue from the Banking as a Service product line. Go-to-market is API-first for integration partners combined with enterprise field sales targeting mobile operators, banks, and marketplaces; pricing is quote-based for enterprise engagements and not publicly disclosed. The company distributes through OEM/embedded API integrations, strategic partnerships, and direct enterprise sales globally, with named relationships including Ecobank Group for cross-border payments across 32 Sub-Saharan African countries.
Founded by Eric Barbier and operating under the legal entity TransferTo Investments Pte Ltd, the company employs 570 people across 50+ nationalities. Strategic emphasis is on emerging market corridors and complex cross-border use cases, leveraging on-ground networks and partnerships to differentiate from purely technical competitors. The customer base spans five primary segments (mobile operators, digital wallets and super apps, PSPs and fintechs, marketplaces and merchants, and banks), with no publicly disclosed revenue or funding history.
TransferTo firmographics
Firmographics- Name
- TransferTo
- Legal name
- TransferTo Investments Pte Ltd
- Website
- https://transfer-to.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- TransferTo is a Singapore-based B2B fintech infrastructure provider operating in 160 countries, enabling fintechs, banks, marketplaces, digital wallets, and mobile operators to process payments, banking services, and digital value transfers across 130+ markets, primarily in emerging economies.
- Ownership category
- akta.pro rank
TransferTo industry classification
Industry- Product category
- Cross-Border Payments Infrastructure
- NAICS
- Commercial Banking (52211)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Consumer P2P International Remittances (FSAGAKAA)
- akta.pro secondary industries
- Consumer Remittances (P2P) (FSAMAIAA), Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC)
Keywords
Where TransferTo is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
TransferTo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- B2B Payment Infrastructure Services: Provides payment acceptance, settlement, and processing infrastructure to fintechs, banks, and marketplaces globally. Revenue generated through transaction processing fees and service licensing.
- Banking as a Service: Platform infrastructure allowing partners to access banking services on a plug-and-play basis
- Digital Value Services: Mobile top-up, data, utility payments, gaming payouts and voucher services infrastructure for telecom players
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
TransferTo product offering
Product offeringCore offering
TransferTo is a worldwide B2B fintech infrastructure company that enables Fintechs, Banks, and Marketplaces to accept, settle, and make payments in 130+ countries through its proprietary technological platform. Its portfolio spans cross-border payments, Banking-as-a-Service, Digital Value Services (mobile top-up, data, bill payments, vouchers), and MVNO backend infrastructure, targeting complex problems in emerging markets.
Product overview
TransferTo is a worldwide B2B fintech infrastructure company offering a platform-plus-services architecture. The portfolio comprises four core product lines: Global Payments Infrastructure (enabling cross-border payments and settlements across 130+ countries with AML/compliance), Banking as a Service (allowing partners to plug-and-play into banking services), Digital Value Services (supporting mobile data, prepaid top-ups, bill payments, vouchers, and telecom transfers), and MVNO Infrastructure (enabling telco players to outsource their backend operations). Together these products enable seamless payments, value transfers, mobile top-ups, utility and gaming payouts, and buy now pay later experiences for businesses operating in emerging markets.
Differentiator
Problem solved
Functional benefit
Brands
- Thunes: Global payment network platform integrated with TransferTo's infrastructure for cross-border payments.
- DT One
Products and services
- Global Payments Infrastructure
Companies that use TransferTo
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles5 records
TransferTo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
TransferTo partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Ecobank GroupcoreStrategic partnership to expand financial access and cross-border payments across Sub-Saharan Africa. The collaboration involves Thunes, Ezra, DT One and Ecobank working together to provide instant cross-border payment solutions, credit access, and digital products. Deployment expanding across Ecobank's 32-country network, starting with Togo.
Scale indicators4 records
Recent moves5 records
Expansion highlights6 records
TransferTo competitors and assessment
Company assessmentBroad incumbents
- Payoneer: Cross-border B2B payments platform serving marketplaces, SMBs, and freelancers globally — comparable in cross-border B2B payment infrastructure and marketplace customer segment focus.
- PayPal / Xoom: Global digital payments and remittances platform (PayPal) with Xoom handling cross-border money transfers — a broad incumbent operating in the same cross-border payments space as TransferTo, with stronger consumer brand and broader corridor coverage.
- Wise: Global cross-border money transfer platform with strong consumer brand recognition and broad corridor coverage — comparable in cross-border payment infrastructure, though Wise focuses more on consumer/SMB while TransferTo emphasizes enterprise B2B.
- Visa Direct: Card-network-based real-time push payments platform enabling cross-border P2P, B2B, and B2C disbursements globally — a major incumbent in cross-border payment rails against which TransferTo's Global Payments Infrastructure competes.
Direct peers
- Verto: B2B cross-border payments platform built for emerging markets, enabling businesses to send and receive payments globally — directly comparable in customer base (enterprise, fintechs) and emerging markets corridor focus.
- Nium: B2B cross-border payments infrastructure platform enabling fintechs, banks, and enterprises to send and receive payments globally — directly comparable to TransferTo's Global Payments Infrastructure serving similar enterprise customer segments and corridors.
- dLocal: Payment processing platform focused on emerging markets, enabling global merchants to accept and pay out across 40+ emerging countries — directly comparable in emerging markets payment infrastructure focus and enterprise B2B distribution.
- TerraPay: Cross-border payment network connecting mobile wallets, banks, and financial institutions across emerging markets — directly comparable to TransferTo's mobile-operator-focused cross-border infrastructure and emerging markets strategy.
- Onafriq (formerly MFS Africa): Pan-African mobile money network enabling interoperable payments across mobile wallets and banks on the continent — comparable in mobile-wallet cross-border infrastructure focus and emerging markets positioning, especially relevant given TransferTo's Ecobank partnership.
Emerging players
- Flutterwave: African payment infrastructure platform enabling businesses to make and receive payments across the continent — comparable in emerging markets focus and B2B infrastructure serving enterprise customers, with overlapping African customer set.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
TransferTo social profiles
Digital presenceTransferTo financial estimates
Financial estimateRevenue estimate
Valuation estimate
TransferTo leadership team
Management profileNumber of profiles
Profiles1 record
TransferTo funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TransferTo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TransferTo
What does TransferTo do?
TransferTo is a worldwide B2B fintech infrastructure company that enables Fintechs, Banks, and Marketplaces to accept, settle, and make payments in 130+ countries through its proprietary technological platform. Its portfolio spans cross-border payments, Banking-as-a-Service, Digital Value Services (mobile top-up, data, bill payments, vouchers), and MVNO backend infrastructure, targeting complex problems in emerging markets.
Is TransferTo a public or private company?
TransferTo is a private company. It is classified as unknown and is currently operating.
When was TransferTo founded?
TransferTo was founded in 2009. It employs 501 to 1,000 people.
Where is TransferTo based?
TransferTo is headquartered in Singapore, Singapore, in the Asia region.
How does TransferTo make money?
Three revenue lines are on record. B2B Payment Infrastructure Services are the primary driver. The others are banking as a Service and digital Value Services.
Who are TransferTo's main competitors?
Broad incumbents on record are Payoneer, PayPal / Xoom, Wise and Visa Direct. Direct peers are Verto, Nium, dLocal, TerraPay and Onafriq (formerly MFS Africa). Flutterwave is listed as an emerging player.
Does TransferTo have an API?
No public API is recorded for TransferTo.
What industry is TransferTo in?
TransferTo's product category is Cross-Border Payments Infrastructure. Its primary akta.pro industry code is FSAGAKAA, Consumer P2P International Remittances, with a secondary code of FSAMAIAA, Consumer Remittances (P2P). Its NAICS code is 52211 and its SIC code is 6199.