The Work Index by Flexa

TransferGo

TransferGo is a digital money transfer service that aims to provide more accessible financial services to migrants by making international money transfers cheaper, simpler, and faster.

https://www.transfergo.com/
6.0

/10

Transparency ranking

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Description

TransferGo is a global financial technology company that specializes in international money transfers. Founded in 2012, the company aims to make sending money abroad faster, simpler, and more affordable than traditional banking options. They offer a user-friendly mobile app and website that allow customers to send money to over 160 countries with competitive exchange rates and low fees. TransferGo is also committed to financial inclusion and supports migrants by providing them with access to affordable and reliable financial services.

TransferGo distinguishes itself from traditional banking options by using local transfers and innovative fintech infrastructure. They've garnered a reputation for their high-speed transfers, with many routes offering instant delivery. TransferGo is recognized as a trusted provider, regulated by the Financial Conduct Authority (FCA) in the UK and the Bank of Lithuania, and has earned excellent customer ratings on Trustpilot. They continue to expand their offerings to cater to both individual and business customers, emphasizing security, transparency, and customer satisfaction.

Flexibility

TransferGo offers a flexible work environment with a focus on balance. The company has embraced remote work since before the pandemic, allowing employees to work from anywhere and offering up to 90 days per year of working abroad. They also offer flexible holidays, with additional time off granted after one year of employment, as well as Trust Days, allowing employees to take time off without explanation when needed. The company believes in work-life balance and provides generous benefits such as health insurance and a fun budget for team activities.

Hybrid

Benefits

TransferGo offers a comprehensive package of employee benefits, prioritizing both career development and work-life balance. These benefits include a generous training budget for personal and professional growth, flexible working arrangements with the option to work remotely, and flexible holiday policies allowing for increased time off with tenure. The company fosters an inclusive work environment through its diverse workforce and pet-friendly offices. Additionally, TransferGo provides a fun budget for team outings, health insurance, and a data-driven salary system to ensure fair compensation and career progression.

WFA scheme

Mission

TransferGo's mission is to provide accessible and affordable financial services to migrants, making international money transfers cheaper, simpler, and faster. They believe that migration is a solution to global inequality, and their services empower migrants to improve their lives by making their hard-earned money go further, ultimately contributing to a fairer world.

Data-driven
Disruptor
Social impact led
Soonicorn
Tech for good

Culture

TransferGo promotes a culture of inclusivity, diversity, and empowerment, reflecting its mission of providing better financial services to migrants. The company emphasizes a collaborative and supportive environment where employees are encouraged to innovate and contribute their ideas, with opportunities for growth and development. Flexible working arrangements, generous training budgets, and a fun, pet-friendly office environment further contribute to a positive and engaging workplace culture.

Agile and dynamic
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
Meritocratic
People-first
Progressive
Supportive
Transparent

DE&I

TransferGo takes diversity, equity, and inclusion seriously. They believe that a diverse and inclusive workplace strengthens their ability to serve their customer base of migrants. They actively promote a culture of trust, empowerment, and fun, with over 50% of their workforce being female and representing a broad spectrum of ethnicity, sexuality, and global religions. They emphasize a voice for all through democratic stand-up culture and monthly town halls where employees can ask challenging questions of leadership. Their commitment to inclusion extends to their pet-friendly offices.

Ethnically diverse
Gender diverse

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