13 years ago

TransferWise Raises $1.3 Million to Disrupt Money Transfer Market

  • TransferWise, a London-based startup, has raised $1.3 million in a seed round led by IA Ventures

  • The company offers online currency exchange and money transfers with fee elimination.

      • ProblemFinancial Services

      "Sending money internationally is expensive and slow due to high fees and complex processes."

      Solution

      "TransferWise offers a simple and transparent way to transfer money internationally at a lower cost by using peer-to-peer technology and eliminating traditional bank fees."

      Covered on