TransFi has surpassed $1 billion in processed payments and aims to reach $5 billion next year.
TransFi, a global payment infrastructure and payment coordination company focused on emerging markets, announced that it has surpassed $1 billion in transaction value processed on its platform, marking a significant milestone in the company's growth.
The company also announced that it intends to achieve $5 billion in processed transaction volume over the next 12 months, based on its current offering and anticipated business conversions, reflecting growing demand from businesses seeking faster, more reliable, and more accessible cross-border payment infrastructure.
TransFi currently supports payments in over 70 countries and more than 250 payment methods, enabling cross-border transfers within the stablecoin network, with a particular focus on key emerging markets in Asia, Latin America, and the Middle East.
The platform supports a range of real-world business applications, including payroll processing, money transfers, payments to suppliers and trading partners, and e-commerce transactions. The TransFi infrastructure is designed to help companies send money abroad faster, more predictably, and more transparently, while reducing friction in markets where existing payment systems can be costly, fragmented, or unreliable.
"Cross-border payments are still too slow, opaque, and difficult to use in many markets where businesses most need reliable infrastructure. Crossing the $1 billion mark is an important milestone for us, but more importantly, it reflects a broader shift in how businesses approach global money movement. Companies are increasingly looking for payment infrastructure that is fast, predictable, easy to use, and tailored to the realities of emerging markets." — Raj Kamal, founder and CEO of TransFi
"Cross-border payments are still too slow, opaque, and difficult to use in many markets where businesses most need reliable infrastructure. Crossing the $1 billion mark is an important milestone for us, but more importantly, it reflects a broader shift in how businesses approach global money movement. Companies increasingly want a payment infrastructure that is fast, predictable, easy to use, and tailored to the realities of emerging markets."
– Raj Kamal, founder and CEO of TransFi
TransFi's offering focuses on providing businesses with access to predictable and fast payments, transparent services, a simple onboarding process, a wide range of local payment methods, and 24/7 customer support in local languages. By combining global reach with local payment access, the company aims to make cross-border transactions more inclusive and operationally practical for businesses serving fast-growing markets.
As businesses expand beyond national borders and expectations for anytime, anywhere payments grow, TransFi is focused on building infrastructure that supports global commerce, delivering greater reach, greater reliability, and a better user experience for both businesses and end customers.
Also read
Nomba expands cross-border payments through integration with the UK open banking system
News
Absa and Thunes launch Absa Global Pay to speed up cross-border money transfers
News
Modupay and Banque Misr introduce direct integration of ATMs with FinTech cards
News