4 years ago

OneFor Raises £8.55 Million to Expand Remittance Services to UK and EU

  • OneFor, a German fintech startup specializing in remittance and payments, has secured £8.55 million in funding to expand its services to the UK and EU

  • The funding round was led by Dutch Private Equity company Group B.V

  • OneFor plans to use the investment to acquire and service customers, develop its technology platform, and grow its team to 100 employees by the end of 2021.

      • ProblemFinancial Services

      "Migrants in the UK and EU face high fees and a lack of transparency when sending money internationally."

      Solution

      "OneFor offers a transparent and cost-effective way for migrants to send money internationally through its digital platform."

      Covered on