Facebook has partnered with TransferWise for international money transfers as the firm continues to increase its financial services activity on the platform; TransferWise has internally developed a Facebook Messenger chatbot that will facilitate the international money transfer service; the service will expand on Facebook's current domestic money transfer capabilities. Source
TransferWise is the first fintech to join the Bank of England’s Real Time Gross Settlement (RTGS) system; described as game changing for the company the deal will allow them to lower costs, be on equal footing as banks and offer instant transfers to GBP. Source.
CNBC has released their 7th annual version of the CNBC Disrupter 50 which consists of startups who have exploited niches...
Sifted shares that women make up around 20% of the total number of fintech executive roles globally; Europe largely lags...
TransferWise sold $319mn worth of shares to early investors and employees that valued the fintech at $5bn; the company’s valuation...
Hedosophia is not a household name, and that is by design. The fund is one of the most secretive investors...
According to the World Bank global remittances are set to fall by 20 percent this year as the pandemic wreaks...
No More Content