TransferGo, the global fintech empowering a world on the move, has launched its multi-currency business account. This service offers global businesses based in the United Kingdom and European Union an account through which they can hold, exchange, send, and receive multiple currencies. 

Businesses are increasingly global, yet payments are not. Companies often face high fees, complicated currency exchange processes, slow delivery times, and friction when moving money globally, especially when working with emerging markets. TransferGo aims to remove these barriers by providing a trusted platform with competitive rates and a seamless international payment experience. 

“We see that global business payments are still broken,” said Daumantas Dvilinskas, co-founder and CEO of TransferGo. “Not only do our services solve the various challenges faced by global businesses, but they're up to nine times more affordable than those offered by traditional high-street banks. We want business owners to focus on growing their companies rather than struggling with supplier payments, international purchases, refund management, and other daily financial tasks”. 

2025 marks a significant milestone as TransferGo enters the new market segment of international businesses, establishing its position as a trusted financial partner committed to supporting their growth.

The business account expands TransferGo’s offering to meet both the personal and business needs of today’s global citizens. With 12 years of expertise, a 4.7/5 Trustpilot score and millions of customers in 160 countries, it stands out as a trusted global financial platform.

Tailored solutions for international business growth

The new multi-currency business account is built specifically to help companies overcome the complexities of international money management. With it, businesses can centralise their operations, saving both time and money. 

• Streamlined currency exchange: competitive rates starting as low as 0.35%, making international transactions up to nine times cheaper than traditional banking options.

• Localised payments: with individual IBANs, businesses can receive payments in local currencies, reducing conversion losses and enhancing cash-flow management.

• Unified financial platform: a single platform consolidates key financial functionalities, eliminating the need for multiple accounts and improving efficiency.

“We’re just getting started,” said Justinas Lasevičius, co-founder of TransferGo and leader of TransferGo Business. “With over 50 new destinations in the pipeline and a lineup of business-tailored products—including multi-user support, batch payments, savings accounts, and more — we’re committed to serving international businesses around the world with a full range of solutions to fuel their growth and international presence.”

The TransferGo Business account is available now in the EU and UK, and currently includes balances in GBP, EUR, RON, and PLN, with more currencies on the way.