wikipedia s notability guidelines for companies and organizations . please help to establish notability by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond its mere trivial mention . if notability can not be established the article is likely to be merged redirected or deleted . find sources transfergo news newspapers books scholar jstor free images october 2014 learn how and when to remove this template message transfergo type private industry financial services founded 2012 founder justinas lasevi ius daumantas dvilinskas arnas luko evi ius edvinas er niovas headquarters canary wharf in london great britain services wire transfer website transfergo.com transfergo is a digital remittance solution for migrant workers 1 launched by justinas lasevi ius daumantas dvilinskas arnas luko evi ius and edvinas er niovas on 18 september 2012 . the company uses a digital account to account business model which means that money transfers do not have to leave the country as funds are paid in and out locally . transfergo is officially registered and licensed as a payment service provider . company services are regulated by the uk financial conduct authority fca supervised by her majesty s revenue and customs control hmrc under the money laundering regulation . 2 the headquarters of transfergo are located in canary wharf in london great britain . in 2013 transfergo was accepted as a member of level39 3 4 europe s largest accelerator space for technology businesses innovating in the finance retail and future cities sectors and is also a founding member of innovate finance an industry organisation that will accelerate the uk s leading position in the global financial services sector by directly supporting the next era of technology led financial services innovators whether they be a young start up or an established industry player . 5 contents 1 history 2 services 3 investors 4 media attention 5 see also 6 references history edit in 2012 transfergo ltd was officially registered in the uk . it was founded by justinas lasevi ius daumantas dvilinskas and edvinas er niovas . later this team was joined by developer arnas luko evi ius who created the website design and system . in 2013 transfergo acquired their small payment institution license which allowed them to transfer money to and from all eea countries . in 2013 transfergo raised funding from practica seed capital a venture capital fund based in lithuania . 6 in 2013 the team was joined by greg kidd a consultant and financial expert to several international companies investor to the social network twitter and founder of dispatch management services corporation . he advises the company on business development and finance management . 7 in may 2013 transfergo received 2013 most innovative business talent award from the most popular lithuanian news portal delfi and the danish chamber of commerce . 8 in june 2013 transfergo launched their refer a friend programme which allows customers to earn extra money 1 % of the amount transferred by referring new customers to transfergo . in july 2013 transfergo was accepted to one of the biggest comparison websites money.co.uk . 9 in 2014 transfergo received a silver innovation prize at hackosaka in japan 10 in june 2014 transfergo introduced a mobile version and direct debit card payments . in october 2014 the ceo of transfergo daumantas dvilinskas was selected to give a speech on the topic of bank of ties versus bank of facebook as a part of sibos international conference in boston . 11 transfergo announced on the 15th december 2015 its 2.5 m seed round led by mark ransford ; former investor at apax partners voria fattahi ; former investor at kinnevik and clive kahn ; former ceo of travelex . 12 services edit as of 2014 the company had recorded over 40 000 customers taken from company website . transfergo transfers money between 23 european countries in their own currency . they are austria belgium cyprus estonia finland france germany greece ireland italy latvia lithuania luxembourg malta norway the netherlands poland portugal romania slovakia slovenia spain and united kingdom . 2 the company can also make transfers to other countries in europe though they would pay out only in there . 13 there are no daily transfer limits set by the company and users are allowed to have both personal and or a business account . the company s website is available in 6 languages latvian lithuanian english polish romanian and russian . transfergo works according to principles of local in local out . this means their customers make local money transfers into a local transfergo bank account and then the company makes a local payment to the bank account of the recipient . 14 investors edit transfergo raised capital from venture capital funds practica seed capital k b and practica venture capital k b using the structural support for the 2007 2013 economic growth program 15 co financed by the european regional development fund erdf . media attention edit transfergo has been mentioned as a new player in financial technology field by techcrunch . 16 arcticstartup 17 startups tech pitch transfergo 18 19 finextra transfergo launches in more european countries 20 see also edit list of foreign exchange companies references edit clausematch and counterest win bbva open talent in europe . bbva innovation center . retrieved 7 october 2014 . a b transfergo suk r tarptautini pinig perlaid alternatyv bankams . verslozinios.lt . 2013 01 24 . cite error invalid ref tag ; name verslo . c5.bdinios defined multiple times with different content see the help page . transfergo . www.level39.co . lithuanian start up based at level39 revolutionises money transfer market . london24.com . 2014 05 07 . retrieved 7 october 2014 . innovate finance . http innovatefinance.com . innovate finance . retrieved 7 october 2014 . external link in website help transfergo adds 200k euro in seed funding . vcnewsdaily.com . 2013 10 23 . retrieved 7 october 2014 . transfergo startuolis sulauk s twitter k r jo d mesio . www.bznstart.lt . 2013 . novatyviausias met talentas nusitaik emigrantus . www.delfi.lt . 2013 05 15 . transfergo money transfer . www.money.co.uk . retrieved 7 october 2014 . translation app waygo wins hackosaka pitch contest . http thebridge.jp . external link in website help bank of ties versus bank of facebook . www.sibos.com . sibos.com . retrieved 7 october 2014 . transfergo secures record breaking 2.5 m seed round startups.co.uk starting a business advice and business ideas . startups.co.uk . retrieved 2015 12 15 . sibos innotribe 2014 boston lots of financial inclusion and sme focused innovation on show . smefinanceforum.org . 2014 10 03 . retrieved 7 october 2014 . transfergo s ingenious way of sending money internationally . blog.transfergo.com . 2014 08 26 . transfergo targets uk migrant population . fstech.co.uk . 2013 10 23 . retrieved 7 october 2014 . after raising further 200k transfergo launches its money transfer service in uk . http techcrunch.com . 2013 10 23 . external link in publisher help moving money with transfergo . arcticstartup.com . 2013 11 22 . tech pitch transfergo . http startups.co.uk . external link in website help transfergo wins techpitch 4.5 . 4pt5 . com . 2014 02 12 . transfergo launches in more european countries . finextra.com . 2013 11 20 . retrieved from https en.wikipedia.org w index.php title transfergo & oldid 742035290 categories payment systemselectronic funds transferforeign exchange companieshidden categories pages with reference errorspages with duplicate reference namescs1 errors external linksarticles with topics of unclear notability from october 2014all articles with topics of unclear notabilityuse mdy dates from october 2011 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 1 october 2016 at 08 04 . text is available under the creative commons attribution sharealike license ; 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