Tranglo Integrates Systems and Scales Globally

Tranglo integrates multisubsidiary operations and strengthens investor confidence with NetSuite

Tranglo is a provider of cross-border payment platforms that helps businesses and individuals make secure international transactions with ease. Its mission is to make payments inclusive and accessible for everyone by reducing the complexity of overseas transfers through innovative solutions. From airtime top-ups and foreign remittances to tailored business payments, Tranglo delivers fast, efficient services designed to meet the diverse needs of its global customers. To support its growth and strengthen investor confidence, the company implemented NetSuite OneWorld, providing reliable, real-time reporting across its subsidiaries.

COMPANY

Tranglo

LOCATION

Singapore

INDUSTRY

Financial Services

Revenue

$100m

EMPLOYEES

250-499

SUBSIDIARIES

COUNTRIES

102

SYSTEMS REPLACED

Legacy System

NetSuite Modules Deployed

NetSuite OneWorld

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“Our fragmented systems made it hard to respond quickly to investor demands. With NetSuite, we can provide real-time reports with accuracy and ease, and we have the confidence to scale quickly without worrying about maintaining complex infrastructure” Wei Min TEO, Group CFO, Tranglo

Unified system supports growth and investment

From top-ups to take off: Founded in 2008 to meet the growing demand for international mobile phone top-ups, Tranglo has evolved into a global fintech leader with offices in London, Jakarta, Singapore, and Kuala Lumpur, with a network spanning more than 100 countries. Today, it partners with over 2,500 banks, 300 mobile operators, 80 wallet providers, and 60 cash pickup partners, supported by hundreds of thousands of ATMs and collection points worldwide. In 2021, Tranglo secured investment from Ripple, strengthening its ability to facilitate cross-border transactions through blockchain-powered payment innovation.

Data gaps delay reporting: As Tranglo expanded into new international markets, its off-the-shelf accounting system could no longer support multisubsidiary operations. Financial data was fragmented across multiple platforms, and the system struggled with complex, multicurrency transactions, resulting in time-consuming, error-prone processes. Tranglo’s month-end closes became increasingly problematic, and inconsistent reporting made it difficult to meet regulatory requirements or respond quickly to investor requests.

One system, complete confidence: Tranglo integrated its financial operations with NetSuite OneWorld, gaining support for 190 currencies and real-time conversion to streamline global management. Country-specific configurations help ensure compliance with local accounting, tax, and regulatory requirements across subsidiaries. The finance team now closes books in under 20 days and can confidently deliver consistent, customised reports for investors—based on accurate, real-time data—to support fundraising and build trust.

Ready to scale: Since implementing NetSuite, Tranglo has grown from processing less than US$1 billion across 15 countries to over US$5 billion across more than 100 countries. The company has also increased its headcount from 60 to 250, all supported by a single, flexible system at the core of its operations. With the ability to focus on innovation instead of managing complex infrastructure, Tranglo is well-positioned to adapt to new markets, evolving regulations, and increasing transaction volumes.

Resources

**Data Sheet** The Solution for Your Global Business

**Article** How to Choose the Right Global ERP System for Your Business

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