British #fintech #TransferWise will now let U.S. users send money #transfers via #Apple Pay. #International money transmitting startup TransferWise updated its iOS app for iPhone and iPad users yesterday, adding the capability for users to send international transfers using Apple’s namesake mobile wallet service Apple Pay. The update will allow users to send transfers of […]
Bank Innovation
When #TransferWise first launched, CEO Kristo Käärmann did not expect a favorable response from incumbents, which still charge consumers considerably higher fees for cross-border transfers, compared to TransferWise’s 0.5% rate (in the U.K., on average). But the opposite trend began happening. “We learned overtime that #banks have an incredibly high cost-base to do the same […]
Bank Innovation
Facebook’s #Messenger platform has certainly been in the spotlight of financial services industry recently. And understandably so: the platform claims to have 1.2 billion active users, while Facebook itself is at 1.9 billion. London-based money movement startup #TransferWise also joined the Messenger pile-on, launching its TransferWise Bot last February, which the unicorn developed through its pre-existing […]
Bank Innovation
Facebook #Messenger’s chatbot horde just got a new member: Say hello to the #TransferWise Bot. The U.K.-based TransferWise now allows users to make international transfers through a Messenger bot, which the unicorn developed through its pre-existing API. Currently, the bot lets users send #money to and from the U.S., the U.K., Australia, Europe, andRead More
Bank Innovation
Often touted as a niche industry, this author is seeing early signs that mass-acceptance of #fintech providers by consumers and businesses is creeping closer to a tipping point, of sorts. The call may be slightly premature, however the following recent announcements by various industry players all point towards a growingRead More
Bank Innovation
London-based money movement startup #TransferWise announced it has received a further $ 26 million in funding to expand into the small business market. TransferWise’s #valuation now stands at $ 1.1 #billion, according to TechCrunch — so the birth of a #fintech unicorns is not a thing of the past. TransferWise allows users to sendRead More
Bank Innovation
After months of rumours, #TransferWise, the London headquartered #money #transfer startup and #fintech darling, has confirmed that it has raised a #further round of funding. Read More
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