How we started

From roommates to co-founders.

Xfers were founded by a group of friends: TianWei Liu, TianYao Liu, Victor Liew and Samson Leo — three computer engineers and one legal professional.

The seeds of Xfers were planted years ago, when TianWei and Victor were roommates in California’s Silicon Valley. While working there, they were frequently asked by friends back home for items that were easier to find in the US.

But when payment time came along, there would be all sorts of problems. Logistics were not easy and they collected less than what they spent.

API for bank transfers

Like many startups, Xfers was born after someone said: “There has to be a better way!”.
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Being engineers, TianWei and Victor found that developers simply do not have good APIs to innovate on. While in the Valley, they were using applications that helped them immensely with payments but found them missing in Southeast Asia.

Determined to fill the gap in the SEA financial space, they developed an initial version of the Xfers product and in 2015, Xfers was accepted into Y Combinator.