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Xoom Competitors and Similar CompaniesClear all

Xoom's competitors and similar companies include Western Union, Skrill, Remitly, Wise and MoneyGram.

	Xoom Xoom is a digital money transfer provider that allows users to send money, pay international bills, or reload phones.	Western Union The Western Union is a global provider of money movement and payment services for consumers and businesses.	Skrill Skrill is a provider of digital payment solutions.	Remitly Remitly is a digital financial company that develops a payments app.	Wise Wise (formerly known as Newco) is a financial technology company that provides money transfer and online currency exchange solutions.	MoneyGram MoneyGram is a global financial technology company providing money transfer and payment services.
Founding Date	Founding Date 2001	Founding Date 1851	Founding Date 2001	Founding Date 2011	Founding Date 2011	Founding Date 1940
Type	Type Subsidiary	Type Public	Type Subsidiary	Type Subsidiary	Type Public	Type Public
Tags	Tags Financial Services fintech money transfer payments	Tags Financial Services exchange fintech money transfer payments	Tags Technology cryptocurrency exchange fintech mobile app money transfer payments	Tags Technology application software fintech mobile app money transfer payments	Tags Technology exchange fintech money transfer payments platform	Tags Financial Services fintech money transfer outsourcing payments
Locations	Locations San Francisco, US HQ	Locations Denver, US HQ Adelaide, AU Melbourne, AU Perth, AU Sydney, AU Wien, AT Wien, AT see more	Locations London, GB HQ Dublin, IE	Locations Seattle, US HQ Cork, IE Tel Aviv Yafo, IL Amsterdam, NL Managua, NI Manila, PH Kraków, PL see more	Locations London, GB HQ Melbourne, AU Sydney, AU Sydney, AU Brussels, BE Brussels, BE São Paulo, BR see more	Locations Dallas, US HQ Brussels, BE São Paulo, BR Vancouver, CA Shanghai, CN Hong Kong, HK Mumbai, IN see more
Employees	Employees 230	Employees 9,0001% increase	Employees 131	Employees 3,1221% increase	Employees 6,000	Employees 2,43617% decrease
Valuation ($)	Valuation ($) N/A	Valuation ($) 4 b	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) 96.2 m	Valuation ($) 1.1 b
Financial
Revenue (est.)	Revenue (est.) $159.1m (FY, 2014)	Revenue (est.) $4.1b (FY, 2025)	Revenue (est.) €172.7m (FY, 2021)	Revenue (est.) N/A	Revenue (est.) £1.2b (FY, 2025)	Revenue (est.) $1.3b (FY, 2022)
Cost of goods	Cost of goods $45.4m (FY, 2014)	Cost of goods $2.6b (FY, 2025)	Cost of goods €31.4m (FY, 2021)	Cost of goods N/A	Cost of goods £263.1m (FY, 2025)	Cost of goods $610.7m (FY, 2022)
Gross profit	Gross profit $113.7m (FY, 2014)	Gross profit $1.5b (FY, 2025)	Gross profit €141.4m (FY, 2021)	Gross profit N/A	Gross profit £955.9m (FY, 2025)	Gross profit $619.9m (FY, 2022)
Net income	Net income ($26.3m) (FY, 2014)	Net income $499.6m (FY, 2025)	Net income €50.9m (FY, 2021)	Net income N/A	Net income £416.7m (FY, 2025)	Net income $34.2m (FY, 2022)
Operating ⚠
Active Customers	Active Customers 1.5 m (Q3, 2015)	Active Customers N/A	Active Customers N/A	Active Customers N/A	Active Customers 650 k (FY, 2023)	Active Customers N/A
Countries	Countries 130 (May, 2019)	Countries 200 (FY, 2022)	Countries N/A	Countries N/A	Countries 170 (FY, 2023)	Countries 200 (Q2, 2019)
Customers	Customers N/A	Customers N/A	Customers N/A	Customers 1 m (Mar, 2019)	Customers 10 m (FY, 2023)	Customers N/A
Partners	Partners N/A	Partners N/A	Partners N/A	Partners 40 k (Mar, 2019)	Partners N/A	Partners 750 (FY, 2018)
Trademarks	Trademarks N/A	Trademarks N/A	Trademarks 15 (Feb, 2023)	Trademarks 7 (Jun, 2020)	Trademarks N/A	Trademarks N/A
Transactions	Transactions 4.3 m (Q3, 2015)	Transactions 70.6 m (Q2, 2023)	Transactions N/A	Transactions N/A	Transactions N/A	Transactions N/A
Funding
Total funding raised	Total funding raised $ 116.5m	Total funding raised N/A	Total funding raised N/A	Total funding raised $ 420.1m	Total funding raised $ 1b	Total funding raised $ 59m