Founded in 2015


Our mission is to accelerate financial access within Southeast Asia

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!”.

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.

Xfers today.

Since inception, we have broadened our product capabilities and
has expanded our offerings to Indonesia. We have helped our clients to navigate
the regulatory landscape so that they can focus on their core business.

Over 10 million people have been served by us and we have over
SGD 36 million in customer money securely held in Singapore.

In 2020, we obtained the Major Payment Institution license for e-money
issuance from the Monetary Authority of Singapore under the new Payment
Services Act.

Our goals have not shifted, we are focused on building the
best payment solution for your business.

  • Regional offices in

    3 locations

  • Number of people served

    >10 million

  • Transaction processed in 2019

    > USD170 million



Interested in finding out more about our products?

Click here


  • Mission


    To accelerate financial access within Southeast Asia.

  • Vision


    To create the trusted and open financial system in Southeast Asia.

Our investors

Accompanying us on our journey to accelerate financial access.

In the media

Our coverage in
mainstream media

Like what we do and want to
embark on this journey with us?


View job openings