Report updated Apr 17, 2026
Xe Send Money & Currency
For individuals and businesses requiring reliable, cost-effective international money transfers and professional-grade currency market insights.
Xe Send Money & Currency is an established finance app that is free with in-app purchases. With a 4.8/5 rating from 118.4K reviews, it shows polarized user reception.
What is Xe Send Money & Currency?
Current Momentum
v7.31
We fixed a few bugs and made some upgrades to make your Xe-perience even smoother. Download the latest version today.
What makes this app unique?
What Does It Look Like?
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What Are The Key Features?
Send money to 200+ countries across 130+ currencies with competitive rates and multiple payout options
Access to live mid-market rates and historical currency charts spanning up to 10 years
Set custom notifications for target mid-market rates to time transfers effectively
Recipients can receive funds via bank deposit, cash pickup at 500,000+ locations, or mobile wallets
Advanced tools including FX risk management, forward contracts, and ERP/API integrations for corporate clients
How much does it cost?
- Free access to currency tools, charts, and rate alerts
- Transactional fees and FX spreads apply for money transfers
Monetization is transaction-based, using free high-utility data tools to acquire users and convert them into remittance customers.
Who Built It?
Providing global currency data and international money transfer services for individuals and businesses. Simplifying cross-border payments through a long-standing digital platform.
Portfolio
3
Apps
What other apps does XE.com make?
Xe Money Transfer & Converter
Send Money International - Xe
Explore the full XE.com report
Portfolio breakdown, audience, momentum, and every app published by XE.com.
What do users think recently?
Analysis in progress, available soon
View the full user-sentiment analysis
Mood gauge, ratings & review-volume history, every praise / complaint / request, and sentiment over time.
What is the competitive landscape for Xe Send Money & Currency?
How's The Finance Market?
Market outlook for this category
Available very soon
The rivals identified
The outtake for Xe Send Money & Currency
Strengths to defend, gaps to attack
Core Strengths
- 10-year historical currency data authority
- Massive physical payout network (500k+ locations)
- 105M+ downloads and high brand trust
- Robust B2B FX solutions (Forward contracts/APIs)
Critical Frictions
- No physical or virtual debit card for local spending
- Lack of multi-currency account for holding balances
- UI/UX perceived as less modern than digital-first rivals like Wise
Growth Levers
- Expansion of mobile wallet support beyond current 35+ countries
- Introduction of flat-fee pricing for high-value transfers to counter Atlantic Money
- Integration of market data insights directly into the transfer decision flow
Market Threats
- Wise's superior banking ecosystem (debit cards/multi-currency accounts)
- Atlantic Money's flat-fee disruption for high-value transfers
- Taptap Send's zero-fee model in high-growth corridors
What are the next best moves?
Evaluate a multi-currency wallet and debit card offering
Wise and Revolut offer these features, making them more complete daily financial tools; Xe currently only supports one-way transfers.
Implement a flat-fee pricing tier for high-value transfers
Atlantic Money's £3/€3 flat fee directly targets Xe's most profitable 'high-value' segment.
Expand mobile wallet payout integrations
Xe currently supports 35+ countries for mobile wallets, while contenders like Remitly and WorldRemit have deeper integrations in emerging markets.
Feature Gaps vs Competitors
- Multi-currency account for holding 40+ currencies (available in Wise)
- Physical and virtual debit card for local spending (available in Wise and Revolut)
- Flat-fee pricing structure for large transfers (available in Atlantic Money)
- Airtime top-up as a payout method (available in WorldRemit)
Key Takeaways
If I were the PM for Xe, I would prioritize evolving the app from a 'transfer utility' to a 'financial hub' by adding a multi-currency account and debit card to match Wise's ecosystem. While Xe's 10-year data history is a powerful moat for user acquisition, the lack of a spending card is a major retention risk in a market moving toward all-in-one banking apps.
Where Is It Heading?
Stable
v7.31.3 update (March 2026) and web platform revamp indicate active product investment.
Recent updates focus on bug fixes and performance rather than new feature expansion.
Increasing competition from flat-fee and zero-fee disruptors threatens transactional margins.