Tranglo
Company

Last deal

Amount

Corporate Round

Stage

30.03.2021

Date

2

all rounds

General

About Company
Tranglo is a global money and digital credit hub.

Related to

TNG FinTech Group

TNG FinTech Group

Seamless Group Inc. invests in companies providing financial and digital inclusion.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, FinTech, Finance

Location

North Point, Hong Kong

total rounds

5

total raised

$204.25M

count Of Investments

5

count Of Exists

1

Industry

Sector :

Subsector :

Keywords :

Also Known As

Tranglo Mobile Payments

founded date

01.01.2008

Number of employees

Company Type

For Profit

Last funding type

Corporate Round

IPO status

Private

Description

The company offers licensed financial institutions, businesses, and consumers worldwide the ability to make timely cross-border payouts or transfers through their FI solutions and turn-key B2C solutions (Tik FX and TreatsUp). Tranglo's platform has processed over USD 1 billion in cross-border transactions for various clients since its establishment in 2008. The company started with a single reload card that enabled the top-up of multiple prepaid mobile accounts for the Malaysia-Indonesia corridor. Later, they added a real-time peer-to-peer airtime Prepaid Credit Transfer platform with Malaysia Mobile Operators. In 2011, Tranglo rolled out its FI solutions to enable cross-border money payout for Indonesia, Philippines, and Bangladesh. Today, Tranglo is a cross-border payment hub with a proven track record in business payment, foreign remittance, and mobile payment solutions. The company has offices in Kuala Lumpur, Singapore, Jakarta, Dubai, and London, and a global network that spans more than 100 countries, 2,500 mobile operators, 1,300 banks/wallets, and 130,000 cash pickup points. Tranglo is a proud partner of Ripple, the leading enterprise blockchain solutions for global payments, and offers enhanced cross-border payout services with even wider coverage through RippleNet.