Open Banking in

We have navigated the banking and regulatory landscape in this region, so that you can focus on your core business. Using our APIs, get plugged into our infrastructure of last-mile financial services to access the underbanked in this region.

New Introducing StraitsX, a stablecoin for Southeast Asia. Join our pilot, starting December 2019.
Xfers is a holder of a Widely Accepted Stored Value Facility approved by the Monetary Authority of Singapore.

Xfers’ Open Banking Platform

  • Payments

    We handle the payments infrastructure so that you can focus on your core business.

    Xfers wallet kit and card processing provide the payments infrastructure for digital businesses. The Xfers Wallet is regarded as a Widely Accepted Stored Value Facility under Singapore law. In partnership with Xfers, an approved bank has undertaken to be fully liable for the stored value - thereby ensuring the utmost level of consumer protection.

    • Easy setup and API integration
    • Available for SGD and IDR
    • Real-time and clean reconciliation of transactions
    • Customizable for disbursements, E-commerce, lending and marketplaces
    Contact us to learn more about payments
  • Card Issuance

    Launch your own branded debit cards and make a mark.

    Xfers Cards enables businesses to issue co-branded debit cards to their userbase. Cut through all the months of paperwork and lean on our card issuing platform to launch and scale up your card programme.

    • Hassle-free virtual cards
    • Clean reconciliation of transactions
    • Grow your customer’s loyalty with loyalty points initiatives
    Keen to issue your own cards? Contact us
  • Identity

    Safeguard your business without compromising on your customers’ experience.

    Xfers’ KYC-as-a-Service connects your app to verified customers’ real-world identities. Leveraging on our familiarity with local regulatory and compliance requirements, we enable digital businesses to scale their userbase compliantly.

    • Quick and simple identity authentication
    • Detect frauds and prevent crimes
    • Seamless customer experience
  • Financing

    With every step you take, Xfers’ Financing will be rooting for you.

    Xfers facilitates lending between our partnering financial institutions and the rising class of digital businesses. No more lengthy application process, complex collateral obligations or rigid payment terms. Harness the new financing option to grow your digital business with us.

    We enable fast access and flexible funding for:

    • Better cash-flow and working capital
    • Expansion of team and markets
    • Stocking up on new inventory and/or investments into new forays
    Let’s talk to see how we can help in your capital needs
  • Stablecoin

    The future of money is open - where money flows freely and transparently.

    StraitsX is a stablecoin initiative for Southeast Asia. Starting in December 2019, Xfers will be piloting the use of stablecoin for the following industries:

    • Cryptoexchanges and Digital assets funds
    • Fund settlements and transfers
    • E-commerce
    To learn more, visit the StraitsX page

How we’ve helped others

“lowering our fraud risk”

“Xfers wallet & complete KYC feature make us able to comply with the regulators and lowering our fraud risk.”

“faster to handle payouts”

“Being in over 100 districts in Indonesia, paying our couriers started to get chaotic. It’s been great working with Xfers team. Ever since integrating with Xfers, it’s been much easier and faster for us to handle payouts to our couriers.”

“integral partner”

“Xfers has been an integral partner in our growth story! It’s been a joy working with Xfers to efficiently disburse funds to our ever-increasing thousands of customers every day.”

“fast and reliable”

“Xfers has been an integral part of our business, allowing us to provide fast and reliable deposits and withdrawals for our customers.”

Our vision is to create the trusted,
digital financial ecosystem in Southeast Asia.

  • Founded in
    2015
  • Regional offices
    in 3 locations
  • >10 million
    active monthly users
  • USD 150 million
    monthly transactions

Founded in 2015, Xfers is Southeast Asia’s leading Fintech platform for digital businesses. It’s been our focus to provide the last-mile financial access to the rising digital economy in our region. Traditional banking and regulatory compliance processing are now streamlined to our suite of APIs.

In 2019, Xfers’ wallet obtained the approval for Widely Accepted Stored Value Facility from the Monetary Authority of Singapore, the first digital wallet to do so and one out of the only six in Singapore.

In the Media

Our Partners

Interested to learn how we can help you expand your financial products into Singapore and Indonesia?