Nequi vs TransferGo
Nequi
nequi.com.co
TransferGo
transfergo.comSide by side
| Figure | Nequi | TransferGo |
|---|---|---|
| Price from | Free | Free |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| Plans published | 2 | 8 |
| Spec score · Money Transfer Apps | 8.3 (#31) | 8.8 (#9) |
| Free plan | Yes | Yes |
| Mobile platforms | both | The app is available for iOS, Android and Huawei. |
| Recipient methods | wallet | Transfer options include card-to-card payments, e-wallets and cash transfers. |
| Regulatory status | Nequi says it began operating as Nequi S.A. Compañía de Financiamiento on September 1, 2026, as part of Grupo Cibest. | TransferGo is regulated under EU and UK law and authorised by the FCA as an EMI. |
| Transfer speed | instant | Transfers can be delivered in minutes, instantly, within an hour or next business day depending on method. |
| Transfer tracking | Yes | Yes |
Plans
Nequi
- Tarjeta Nequi Visa digitalFree
- Tarjeta Nequi Visa física + digital23,200 COP, paid once
TransferGo
- Free multicurrency accountPrice not published
- International bank-account transferPrice not published
- International card transferPrice not published
- Currency exchangePriced on request
- Multi-currency accountFree
- Transfers to bank accountsPriced on request
- Transfers to cardsPriced on request
- Virtual GoCardFree
In their own words
TransferGo
TransferGo is a mobile service for international transfers and multi-currency balances, with transfers available to over 160 countries. Recipients can receive money through bank accounts, payment cards, e-wallets, and cash transfers. TransferGo lists instant transfer speed, while its plan details also state next-business-day delivery for bank-account transfers. Bank transfers start from 0.2%, and card transfers start from 0.2% with possible third-party fees. Currency exchange starts at 0.5%, or 0.2% for exchanges within the account. The multi-currency account has no setup or monthly costs and supports GBP, EUR, PLN, and RON balances. Users can see fees upfront and track transfers. Registration can be completed online on a computer as well as through the Android and iOS apps. TransferGo says it uses end-to-end encryption and safeguards transfers so money can be returned if a transfer fails. It is regulated under EU and UK law and authorised by the FCA as an EMI. Customer service is available in English and nine other languages.