# TransFi

> TransFi is a Dubai-headquartered payment infrastructure company that moves money across borders on stablecoin rails. Its platform lets businesses and Web3 apps collect, convert and pay out funds across fiat and stablecoins, spanning 100+ markets, 40+ currencies, 250+ local payment methods and 130+ digital assets. Founded in 2022 by former McKinsey payments partner Raj Kamal, TransFi targets high-friction emerging markets across Asia, the Middle East, Latin America and Africa, replacing slow correspondent-banking and SWIFT flows with near-instant settlement.

- **Founded:** 2022
- **Headquarters:** Dubai, United Arab Emirates
- **Founders:** Raj Kamal (Founder & CEO)
- **Team size:** ~190 employees
- **Products:** Collections, Payouts, Ramp / Ramp Widget, Business Wallet, Checkout
- **Notable:** Processed $1B+ in payment volume with $5B annual volume projected for FY2026, Grew revenue 16x since its 2024 seed round, Reached 200,000+ active users (2M+ end users cited in 2026 coverage)

## Products & services

- **Collections** — Payment collection product supporting 250+ local payment methods across bank transfers, e-wallets and stablecoin settlement, with instant settlement in fiat or stablecoins.
- **Payouts** — Automated bulk payout system for paying vendors, freelancers and employees in 40+ fiat currencies and stablecoins via API.
- **Ramp / Ramp Widget** — Global fiat-to-crypto on-ramp and off-ramp aggregator sourcing liquidity from 10+ exchanges and 300+ local payment methods for best-price stablecoin and digital-asset conversion.
- **Business Wallet** — Multi-currency wallet to store, send and convert fiat and digital assets with real-time payouts.
- **Checkout** — Global crypto and fiat payment gateway for merchants and platforms.
- **TransFi API (Single API)** — Unified API that lets platforms collect, convert and pay out across fiat and stablecoin rails from one integration.
- **BizPay Pro** — Enterprise-grade global transfer product for treasury and cross-border settlement.
- **BizPay** — Conversational AI-driven payments product for initiating global transfers.

## Achievements

- Processed $1B+ in payment volume with $5B annual volume projected for FY2026
- Grew revenue 16x since its 2024 seed round
- Reached 200,000+ active users (2M+ end users cited in 2026 coverage)
- Raised $19.2M Series A led by Turing Financial Group (March 2026)
- Operates in 100+ markets with 40+ currencies, 250+ payment methods and 130+ digital assets
- Acquired a virtual asset exchange license in Lithuania (2023)

## Latest updates

- **2026-03** — Raised $19.2M Series A ($14.2M equity + $5M liquidity facility) led by Turing Financial Group to expand across emerging markets in Southeast Asia, South Asia, the Middle East, LATAM and Africa.
- **2026-01** — Launched BizPay, a conversational AI-driven payments product.
- **2025-04** — Crossed 1 million users and launched BizPay Pro for enterprise global transfers.
- **2024-09** — Launched its unified Single API for collections, conversion and payouts.

## Links

- Website: https://www.transfi.com
- LinkedIn: https://www.linkedin.com/company/trans-fi
- Twitter/X: https://twitter.com/gettransfi
- Instagram: https://www.instagram.com/gettransfi/
- Facebook: https://www.facebook.com/transfifb

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Profile page: https://yespress.io/transfi
Published by YesPress — https://yespress.io
Last updated: 2026-07-24