Xoom
Founded 2001 · San Francisco, California, United States
Estimated rates Published fee estimates and exchange rate data (no public consumer rate API)
Supported currencies
60
Supported countries
160
Transfer methods
Bank Transfer, Cash Pickup, Mobile Wallet, Debit Card, Credit Card, Paypal Balance, Bill Pay, Mobile Reload
Typical speed
Cash pickup and mobile wallet transfers available within minutes. Bank deposits typically 1–4 business days depending on destination.
Fee model
Transfer fees vary by corridor, delivery method, and payment method (typically $0–$4.99 per transfer). Exchange rate includes a margin above mid-market rate. PayPal balance funding often has lowest fees.
Website
Download: iOS App Store · Google Play
Regulation & Licenses
- US — FinCEN (Money Services Business), state money transmitter licenses
- Subsidiary of PayPal Holdings, Inc. (NASDAQ: PYPL)
- Regulated under PayPal's global licenses across multiple jurisdictions
Key Facts
- Founded in 2001 by Alan Braverman and Kevin Hartz.
- Acquired by PayPal in 2015 for $890 million.
- Supports money transfers to over 160 countries, with bill pay and mobile reload services in select markets.
- Deeply integrated with PayPal, allowing users to fund transfers from PayPal balance.
- Strong presence in Mexico, India, the Philippines, China, and Brazil.
See Xoom rates on Coinnect
This profile contains publicly available, factual information only. Coinnect is not affiliated with, endorsed by, or sponsored by Xoom. Data sourced from official websites, press releases, and regulatory filings.