Transigo

Payment Solution for Importers and Exporters

Fintech & Insurtech
Non Active, Sep 2024 ceased to operate
Series A Netanya Founded 2018
LinkedIn
Total raised
$70.6M
Last: Series A 2022-01
Stage
Series A
Founded
2018
Headcount
5
HQ
Netanya
Sector
Fintech & Insurtech

About

Transigo is a fintech start-up company with an approach for financing working capital in international trade deals that are fully paid at shipping. A Transigo transaction restructures an advance payment transaction to an open account with up to 120 days of credit while keeping the exporter at a similar cash and risk position through non-recourse factoring. With Transigo, importers can alleviate their working capital burden and grow their businesses significantly. Transigo is currently focused on marketing its service in the U.S. as well as in China and Hong Kong.

Funding history · 2 rounds · $70.6M total

2022-01
Series A $70.0M
2018-05
Seed $600K

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Artificial IntelligenceDeep LearningData StorageDLT & Blockchain
Target customers
Commerce & RetailDistribution ChannelseCommerce Platforms
Business model
B2B

Highlights

Verified

Tags

paymentsfintechethereumtradingenterprise-solutionsblockchain