Xoom Named to Wall Street Journal’s Top 50 Venture Backed Companies of 2012—Second Year in a Row

Nearly 6,000 companies considered for annual “Next Big Thing” List

SAN FRANCISCO, CA – September 28, 2012 –– Xoom Corporation, a global online money transfer provider, is pleased to announce the inclusion of Xoom.com in the Wall Street Journal’s 2012 list of Top 50 venture backed companies for the second straight year.

More than 5,900 candidates were considered from a list compiled by VentureSource, a Dow Jones Company.  To be eligible, companies must have received an equity round of financing in the past three years and be valued at less than $1 billion.

"We are thrilled to see the inclusion of Xoom in the Wall Street Journal’s ‘next big thing’ list once again. This shows the continued confidence that our partners, customers and the market have in our business,” said Xoom CEO John Kunze.

“In the past year, Xoom has continued to innovate with our well-received mobile website and apps (with no extra fees); the expansion of our global cash pickup network with world class partners such as Elektra in Mexico; and our recent announcement of Bank-to-Bank ULTRA, a higher-tiered, supreme level of service that provides confirmed bank deposits in less than one hour,” said Kunze.  Bank-to-Bank ULTRA is available in the Philippines, United Kingdom, Mexico and several countries throughout Central and Latin America. Click Xoom's Bank-to-Bank ULTRA to find out which countries and banks provide the ULTRA service.  

For more information about the Xoom.com money transfer service, customers can visit the xoom.com website, call 1-877-815-1531 (toll free) anytime or +1 415-395-4225 for customer service in English, Spanish or Tagalog, or send e-mail to Xoom customer service 24 hours a day, seven days a week by visiting the Xoom Customer Service Help Center.

About Xoom Corporation  

Xoom is a global online money transfer provider, focused on helping consumers send money in a secure, fast and cost-effective way using their mobile phone, tablet or computer.  With quarterly gross sending volume of more than $850 million, Xoom has more than 650,000 active customers sending money to family and friends in 30 countries worldwide. The company is headquartered in San Francisco and can be found online atwww.xoom.com.