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February 13, 2016 7:23 PM ET

Consumer Finance

Company Overview of Xoom Corporation

Company Overview

Xoom Corporation provides digital consumer-to-consumer online money transfers services worldwide. The company offers money transfer services over the Internet or through a mobile device on its Website at, or through its mobile application, the Xoom App. Its customers send money to family and friends from the United States to 32 countries. The company also provides cross-border bill payment services from the United States to five countries. In addition, it offers mobile phone reload services and instant bank deposit services. Xoom Corporation was founded in 2001 and is headquartered in San Francisco, California. As of November 12, 2015, Xoom Corporation operates as a subsidiary of Pa...

425 Market Street

12th Floor

San Francisco, CA 94105

United States

Founded in 2001

295 Employees



Key Executives for Xoom Corporation

Age: 52
Chief Financial Officer
Vice President of Operations
Chief Risk Officer
Age: 42
Compensation as of Fiscal Year 2015.

Xoom Corporation Key Developments

Xoom Launches Money Transfer Service to Bangladesh in Collaboration with Social Islami Bank Ltd

Xoom announced the launch of its money transfer service to Bangladesh in collaboration with Social Islami Bank Ltd. Consumers can instantly deposit money into SIBL accounts 24/7/365. Deposits to other banks, including Islami Bank Bangladesh, Sonali Bank, BRAC bank, and more, usually arrive in two days when sent during Bangladesh banking hours. Consumers can send instant bank deposits to SIBL and fast deposits to other banks using Xoom's fast and secure online and mobile platforms.

Xoom Corporation(NasdaqGM:XOOM) dropped from Russell 3000 Index

Xoom Corporation(NasdaqGM:XOOM) dropped from Russell 3000 Index

Xoom Corporation(NasdaqGS:XOOM) dropped from NASDAQ Composite Index

Xoom Corporation will be removed from Nasdaq Composite Index.

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