Latest news

Transfer Galaxy is now a billion SEK company! Our founder and CEO Yosef Mohamed is interviewed in Breakit and explains the business of 'swishing abroad', of being a profitable start up and why we hardly need to spend any money on marketing.

What does it take to get investors putting capital into your business venture: is it the place/area you come from, or is it a matter of the network you build or your educational background?

We would love to hear your thoughts on our service and the new cash pick-up points.

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.

We're incredibly humbled and proud to be among some fantastic companies that are elevating their respective industries and making a positive impact.

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.

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.

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).

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.

In April, Breakit challenged the business world to make their companies environmentally friendly in 30 days!

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.

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).

Featured in the latest issue of the Swedish business magazine "Bra Affärer"

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.

TransferGalaxy founder: "Me and my father send money to an orphan relative every month"

Örebro, June 15, 2017 - TransferGalaxy donates 50,000 SEK to fight famine in Somalia.

TransferGalaxy raises additional capital and expands into Europe

TransferGalaxy was denied by venture capitalists - received bids of over 50 million

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!

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!

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.

Örebro fintech company TransferGalaxy is growing rapidly and has now received a major boost thanks to a major investment from venture capital fund BackingMinds.

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.

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.

We are happy to annouce that the investment fund BackingMinds has invested in TransferGalaxy!

We are happy to announce that TransferGalaxy will be one of the speakers at this year's biggest tech event, STHLM Tech Fest 2016!

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...