Xoom Launches Money Transfer Service to Singapore

Xoom Customers Can Conveniently, Safely and Economically Send
Money to Loved Ones in Singapore

SAN FRANCISCO–(BUSINESS WIRE)–Xoom Corporation (NASDAQ:XOOM), a leading digital money transfer
provider, announced today the launch of its money transfer service to
Singapore. Xoom customers can now send money online to bank accounts in
Singapore via their U.S. bank accounts, credit cards or debit cards.
Money can be sent to 10 local banks in Singapore, including DBS, POSB,
UOB, OCBC and Standard Chartered Bank, and deposited into the
recipient’s account.

“We are so excited to offer our money transfer services to customers
with family and friends in Singapore,” said Iain Allison, Vice President
of Business Development at Xoom. “We look forward to delivering
convenient, safe, and economic service to the Singapore market. Our
friends from Singapore will experience the most caring and responsive
customer service anywhere 24/7/365, with live customer service
representatives ready to take their calls any time of day or night.
Plus, our service is absolutely risk-free – your money arrives or Xoom
offers a money-back guarantee.”

When paying with a bank account, Xoom customers can send up
to US$2,999 to Singapore for just US$4.99. Money can be sent via
computers, tablets, or mobile phones. Customers can download Xoom’s app
for Android and iOS mobile devices for free and, with Xoom’s convenient
StatusTrack feature, senders and recipients both receive SMS text
messages with real-time updates on the status of the transfer. The Xoom
mobile app also offers Apple’s ground-breaking Touch ID technology,
which enables customers to use their fingerprint data to sign in to the
Xoom application on the iPhone 5s, 6 and 6 Plus.

Visit www.xoom.com/Singapore for
more information.

About Xoom

Xoom is a leading digital money transfer provider that enables consumers
to send money, pay bills, and send prepaid mobile phone reloads for
family and friends around the world in a secure, fast, and
cost-effective way, using their mobile phone, tablet, or computer.
During the 12 months ended June 30, 2015, Xoom’s more than 1.4 million
active customers sent approximately $6.9 billion via the Xoom platform.
The company is headquartered in San Francisco and can be found online at www.xoom.com.


Sharrifah Al-Salem, CFA, 415-660-1256