Transigo

Company Overview

Snapshot

Founded in April 2018 by Nir Tal and Eyal Kamir, Transigo operates with 1–10 employees. The company has raised $70.6 million across two funding rounds. In January 2022, Transigo secured a funding facility, signaling continued investor confidence in its financial solutions for international trade.

Business overview

Transigo is a fintech startup that provides working capital financing solutions for international trade deals. Its core technology restructures advance payment transactions into open accounts with up to 120 days of credit, while maintaining the exporter's cash and risk position through non-recourse factoring. The company primarily serves importers looking to alleviate working capital burdens and expand their businesses, focusing its marketing efforts in the U.S., China, and Hong Kong within the Fintech & Insurtech sector.

Strategic signal

In January 2022, Transigo secured a $70 million funding facility. This significant capital infusion demonstrates strong investor confidence in Transigo's fintech solution for international trade finance, positioning the company for expanded market penetration and operational scale in the global import/export landscape.

Company Intelligence Q&A

What is Transigo's primary business focus?

Transigo specializes in providing working capital financing for international trade deals, enabling importers to manage their cash flow more effectively.

When was Transigo founded and by whom?

Transigo was founded in April 2018 by Nir Tal and Eyal Kamir.

Who were the investors in Transigo's January 2022 funding facility?

In January 2022, Transigo secured a $70 million funding facility from Nawi Brothers Group and E.N. Shoham Business.

Which markets does Transigo target?

Transigo is currently focused on marketing its services in the U.S., China, and Hong Kong.

What is Transigo's operational status?

Transigo ceased to operate in September 2024.