Xoom Corporation

IPO

Fast, transparent, and secure digital money transfer

Public · San Francisco, United States · Founded 2001 · $15.0M raised

Employees
201–500
Founded
2001
Business Model
B2C
Website
xoom.com
Total Funding
$15.0M
Last Round
$15.0M Series FNov 2015
Rounds
3
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 $15.0M in total across 3 rounds, most recently a $15.0M Series F round in Nov 2015. Investors include Fidelity Management.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Series FSeries FNov 2015

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Investors

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