Latest news
Here you will find the latest news


Transfer Galaxy sees an increased need for its money transfer services in the current crisis
30 March, 2020
Just before the spread of COVID-19 in Sweden, Di Digital visited our offices in Vivalla, Örebro and had the chance to sit with our CEO, Yosef Mohamed, as well as see our new offices.
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The Financial Times names Transfer Galaxy as one of the top Swedish start-ups to follow in 2020
21 February, 2020
We're incredibly humbled and proud to be among some fantastic companies that are elevating their respective industries and making a positive impact.
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Press release: Transfer Galaxy hits 100 million SEK in monthly transaction volume and introduces eleven new markets
23 January, 2020
In December 2019, Transfer Galaxy’s customers sent over 100MSEK through its platform. The company also simultaneously opened up its money transfer service to eleven new markets in Africa, the Middle East, and Asia.
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We're rebranding - here's why
5 September, 2019
To grow, sometimes you've got to go back to the drawing board. We're rebranding to reflect the richness and diversity in our growing communities. And to face up to the challenge of democratising remittances.
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UNDP Sweden nominates TransferGalaxy as one of the 17 inspirations to showcase at Almedalen 2019
1 July, 2019
Our CEO, Yosef Mohamed, has been nominated to represent TransferGalaxy as an inspiration for how the business community can work with UN Sustainable Development Goals (UN SDGs).
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Transfer Galaxy wants to digitize the way the world’s migrants send money to their loved ones in their home countries. They are challenging traditional financial institutions by letting users send money through a digital platform, instead of going to physical agents’ offices.
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Environmentally conscious in 30 days: TransferGalaxy takes on the Breakit Impact Challenge
14 June, 2019
In April, Breakit challenged the business world to make their companies environmentally friendly in 30 days!
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Breaking down borders: How TransferGalaxy and Trustly are democratising international payments
31 May, 2019
We are trying to change the remittance industry, from the traditional ways of visiting an agent to a fully digital solution where you only have to visit a website: and Trustly is helping us to do just that.
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TransferGalaxy raises 30 million from Alfvén & Didrikson
26 February, 2018
The Swedish startup TransferGalaxy continues to break new grounds with their innovative service for international payments. They have now raised 30 million from Alfvén & Didrikson and existing owners BackingMinds to finance its expansion. The investment is pending regulatory approval from Finansinspektionen (Swedish FSA).
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Featured in the latest issue of the Swedish business magazine "Bra Affärer"
23 September, 2017
Featured in the latest issue of the Swedish business magazine "Bra Affärer"
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TransferGalaxy won the "Best FinTech Startup 2017" at Nordic Startup Awards! We are beyond happy! We would like to thank you Nordic Startup Awards for the prize and to all of you who supported us through this tough journey.
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TransferGalaxy founder: "Me and my father send money to an orphan relative every month"
5 July, 2017
TransferGalaxy founder: "Me and my father send money to an orphan relative every month"
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TransferGalaxy won the "Innovation of the year" at Örebrogalan! We are beyond happy! Thank you for all your support and remember to always follow your dreams!
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Mikael Damberg, Ministry of Enterprise and Innovation came by our office today. We discussed TransferGalaxy's development and future. A good way to start this day. Thank you for all the inspiration!
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TransferGalaxy won the "Best Company of 2016" at Business Challenge
16 November, 2016
TransferGalaxy won the "Best Company of 2016" at Business Challenge! We are beyond happy! We would like to thank you Business Challenge for the prize and to all of you who supported us through this tough journey.
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H&M CEO invests in Vivalla friends' fintech company
8 September, 2016
Örebro fintech company TransferGalaxy is growing rapidly and has now received a major boost thanks to a major investment from venture capital fund BackingMinds.
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Here is the CEO of H&M's "Swish for international payments"
6 September, 2016
Two years ago they started their "Swish for international payments" in Vivalla, Orebro. Now they challenge Western Union - with venture capital from H&M's CEO Karl-Johan Persson.
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"I have the bag full of business cards from different investors"
6 September, 2016
Yosef Mohamed wanted to send money to his eight-year-old cousin so he could go to school. However, it was more complicated than he could have imagined. Now he has started a company to solve the problem.
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H&M backed fund shall find startup successes beyond Stureplan
2 September, 2016
We are happy to annouce that the investment fund BackingMinds has invested in TransferGalaxy!
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STHLM Tech Fest 2016
25 August, 2016
We are happy to announce that TransferGalaxy will be one of the speakers at this year's biggest tech event, STHLM Tech Fest 2016!
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Press Release: TransferGalaxy and Telesom Launching International Remittance Partnership
17 September, 2015
Hargaisa, September 17, 2015 - TransferGalaxy and Telesom Company are pleased to announce launch of the International Remittance Service. The service will enable consumers to send money online from 22 countries in Europe to their loved ones directly through their Telesom ZAAD mobile money wallets...
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