Transfast

Transfast Remittance operates as a money transfer company that offers money remittance services. The company enables its customers to send money to their families and friends through its network of agents and payout locations. It also offers home cash delivery and cash card credit services. 

Transfast is a global cross-border payments network provider that covers over 125 countries across Asia, Europe, Africa, Americas and Australia. Its proprietary payment network, consisting of direct integrations with 300+ banks and other financial institutions enables person-to-person, business-to-person and business-to-business payments services to our partners via APIs, SFTP, web and mobile and product applications. Its applications deliver compliance, risk management, currency conversion, liquidity management and multi-format messaging solutions to its clients, which include banks, financial institutions, e-commerce companies, and service marketplaces, in addition to small businesses and individual consumers.

Transfast had previously raised two undisclosed rounds of funding from investors Apis Partners and CSC Group.

In 2019 Mastercard acquired Transfast for an undisclosed amount. Transfast will build upon Mastercard's ability to meet business, government and consumer payment requirements.

Transfast Remittance was founded in 1988 and is based in New York, United States.