About TransFi

The startup offers a payment platform that facilitates the purchase of digital assets and non-fungible tokens (NFTs) through compliant payouts and collections across multiple global regions. By integrating a wide range of currencies and payment methods, the platform minimizes transaction friction between fiat currencies and the digital asset ecosystem.

```xml <problem> Traditional cross-border payment systems involve high fees, slow transaction times, and complex regulatory hurdles, creating friction for businesses and individuals engaged in international transactions. Existing solutions often lack transparency and can be difficult to integrate into existing workflows, hindering global commerce. </problem> <solution> TransFi provides a global payment platform that streamlines cross-border transactions by leveraging stablecoin rails and a wide range of payment methods. The platform enables users to send and receive payments in over 70 countries and 40 currencies with real-time settlements. TransFi offers solutions for payouts, collections, and digital asset buying/selling, all accessible through a single API. By supporting both fiat and stablecoin transactions, TransFi aims to reduce costs, increase efficiency, and improve transparency in global payments. </solution> <features> - Global payouts to employees, freelancers, and vendors in fiat or stablecoins - Payment collections from customers worldwide via payment links with real-time settlement - Digital asset onramp/offramp services supporting 80+ digital assets and 250+ payment methods - Support for 70+ countries and 40+ currencies - Single API for integrating all payment functionalities - Robust KYC and AML compliance measures - AI-enhanced fraud prevention - Customizable white-label integration options </features> <target_audience> TransFi targets businesses of all sizes, including digital banks, wallets, payment gateways, remittance providers, iGaming platforms, and Web3 native businesses, as well as individuals engaged in cross-border transactions. </target_audience> <revenue_model> TransFi generates revenue through processing fees on transactions, subscription fees for platform access, and fees associated with digital asset buying and selling. </revenue_model> ```

What does TransFi do?

Where is TransFi located?

TransFi is based in Vilnius, Lithuania.

When was TransFi founded?

TransFi was founded in 2022.

How much funding has TransFi raised?

TransFi has raised 2400000.

Location

Vilnius, Lithuania

Founded

2022

Funding

2400000

Employees

81 employees

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TransFi

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Executive Summary

transfi.com 10K+

Crunchbase

Founded 2022 – Vilnius, Lithuania

Funding

Estimated Funding

$2M+

Team (75+)

No team information available.

Company Description

Problem

Traditional cross-border payment systems involve high fees, slow transaction times, and complex regulatory hurdles, creating friction for businesses and individuals engaged in international transactions. Existing solutions often lack transparency and can be difficult to integrate into existing workflows, hindering global commerce.

Solution

TransFi provides a global payment platform that streamlines cross-border transactions by leveraging stablecoin rails and a wide range of payment methods. The platform enables users to send and receive payments in over 70 countries and 40 currencies with real-time settlements. TransFi offers solutions for payouts, collections, and digital asset buying/selling, all accessible through a single API. By supporting both fiat and stablecoin transactions, TransFi aims to reduce costs, increase efficiency, and improve transparency in global payments.

Features

Global payouts to employees, freelancers, and vendors in fiat or stablecoins

Payment collections from customers worldwide via payment links with real-time settlement

Digital asset onramp/offramp services supporting 80+ digital assets and 250+ payment methods

Support for 70+ countries and 40+ currencies

Single API for integrating all payment functionalities

Robust KYC and AML compliance measures

AI-enhanced fraud prevention

Customizable white-label integration options

Target Audience

TransFi targets businesses of all sizes, including digital banks, wallets, payment gateways, remittance providers, iGaming platforms, and Web3 native businesses, as well as individuals engaged in cross-border transactions.

Revenue Model

TransFi generates revenue through processing fees on transactions, subscription fees for platform access, and fees associated with digital asset buying and selling.