Xoom Corporation
IPOFast, transparent, and secure digital money transfer
Public · San Francisco, United States · Founded 2001 · $40.0M raised
- Headquarters
- San Francisco, California
- Employees
- 201–500
- Founded
- 2001
- Business Model
- B2C
- Website
- xoom.com
- Total Funding
- $40.0M
- Last Round
- $25.0M Series FNov 2015
- Rounds
- 4
- Type
- Public
About
Xoom Corporation was a leading digital money transfer provider that enabled consumers to send money, pay international bills, and reload phones for family and friends around the world. Founded in 2001 by Kevin Hartz and Alan Braverman, Xoom went public in February 2013 and was acquired by PayPal Holdings, Inc. on November 12, 2015 for approximately $890 million. Xoom offered a secure, fast, and cost-effective way to transfer money internationally across mobile, tablet, and desktop platforms, serving customers sending money to Africa, Asia, Europe, India, and Latin America.
Summary
Xoom Corporation is a Fintech company based in San Francisco, United States, founded in 2001. It has raised $40.0M in total across 4 rounds, most recently a $25.0M Series F round in Nov 2015. Investors include PayPal Ventures, Fidelity Management and Sequoia Capital.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Nov 2015
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Seed through Series F — per-round amounts, valuations, and who invested in each round.
Investors
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