Tag: money transfers

Wise Transfers (formerly TransferWise) is a financial technology startup, which offers cheap international money transfers. Unlike banks and brokers, Wise applies the real exchange rate to its transfers, without any mark-up, effectively forgoing profits from currency exchange fees, which make up...

TransferWise charges 0.5% for international money transfers, which is great for consumers, but is not enough to make the company profitable....

Xoom's value proposition isn't all that complicated - the company does international money transfers cheaper than Western Union and MoneyGram....

A London-based start-up, co-founded by Skype's first employee, is applying the peer-to-peer (P2P) principle to money transfers and is doing it very cheaply....