Utransfer

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Utransfer - overview

Established

2018

Location

Seoul, -, South Korea

Primary Industry

Financial Services

About

Founded in 2018 and based in Seoul, South Korea, U Fintech Hub Inc. , doing business as Utransfer, operates as a financial service provider that offers money exchange services. In July 2023, U Fintech Hub Inc. , doing business as Utransfer, raised USD 4 million in venture funding led by Forest Partners.


As of 2023, the company is led by its CEO, Lee Jae-pyo. Utransfer offers a wide range of services, such as corporate overseas remittance solutions, B2B (business-to-business) and C2C (consumer-to-consumer) remittance services, money exchange services, personal overseas remittance services, foreign exchange risk management services, and many more. The firm also offers a forex trading platform that provides various services pertaining to currency exchange. These services include the buying and selling of different currencies as well as online and offline exchange services.


In addition, the company provides a mobile application for both Android and iOS users. The company plans to use the funds raised in July 2023 to further enhance its product offering.


Current Investors

Forest Partners

Primary Industry

Financial Services

Sub Industries

e-Financial

Website

www.utransfer.com

Verticals

FinTech, FinTech, FinTech, Mobile Apps

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Utransfer - employee data

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