Xoom
Founded Year
2001Stage
Acq - P2P | AcquiredTotal Raised
$95.54MValuation
$0000Revenue
$0000About Xoom
Xoom, a PayPal service, is an online-to-offline, international, instant money transfer service. Xoom offers a secure, swift, and inexpensive means to send money from any of 38 countries to recipients in the Dominican Republic and Jamaica. All transactions are processed securely through PayPal and eBay.
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Research containing Xoom
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Xoom in 1 CB Insights research brief, most recently on Jun 6, 2022.
Expert Collections containing Xoom
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Xoom is included in 2 Expert Collections, including Fintech.
Fintech
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Xoom Patents
Xoom has filed 3 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
2/24/2014 | 2/20/2018 | Payment systems, Electronic funds transfer, Banking technology, Interbank networks, Computer memory | Grant |
Application Date | 2/24/2014 |
|---|---|
Grant Date | 2/20/2018 |
Title | |
Related Topics | Payment systems, Electronic funds transfer, Banking technology, Interbank networks, Computer memory |
Status | Grant |
Latest Xoom News
Oct 25, 2021
Global cross-border payments network Thunes on Monday (Oct. 25) said it’s teaming up with PayPal digital remittance service Xoom to allow customers in the U.S. Canada, the U.K. and Europe to send money to mobile wallets across the globe. The partnership expands on Thunes’ work with PayPal that started in 2018, when Kenyans were first […]
Xoom Frequently Asked Questions (FAQ)
When was Xoom founded?
Xoom was founded in 2001.
Where is Xoom's headquarters?
Xoom's headquarters is located at 425 Market Street, San Francisco.
What is Xoom's latest funding round?
Xoom's latest funding round is Acq - P2P.
How much did Xoom raise?
Xoom raised a total of $95.54M.
Who are the investors of Xoom?
Investors of Xoom include PayPal, Sequoia Capital, New Enterprise Associates, Belvedere Capital Partners, Volition Capital and 10 more.
Who are Xoom's competitors?
Competitors of Xoom include CashQ, MoneyGram International, Remitly, ZEPZ, Global66 and 8 more.
Compare Xoom to Competitors
Western Union (NYSE: WU) provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The company was founded in 1851 and is based in Denver, Colorado.
OlehPay provides a transfer option for sending money to Israel. It transfers funds online, offers an affordable exchange rate, and avoids costly wires. It was founded in 2015 and is based in Jerusalem, Israel.
TransferGo is an international money transfer service that allows users to transfer money online across Europe and other global destinations.
ZEPZ provides a digital money transfer platform. The company specializes in international transfers to mobile money accounts – a technology where a customer's phone numbers acts like a bank account to hold funds.
Global66 is a fintech company offering online money transfer and money order services.
MatchMove provides end-to-end mobile wallet and payment card solutions to help businesses increase revenue and boost user engagement. It was founded in 2009 and is based in Singapore.
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