TransferGo, a London, UK-based money transfer platform, raised $3.4m in Series A funding.
Vostok Emerging Finance (VEF) made the investment.
The company intend to use the capital for product development.
Led by CEO and co-founder Daumantas Dvilinskas, TransferGo provides a digital international money transfer service to send money abroad for migrants and businesses. The service, which guarantees same business day delivery without any extra charge, is regulated by the UK Financial Conduct Authority (FCA) as an authorized payment institution.