Home > techcrunch > Skype Employee Number One Launches TransferWise To Disrupt Currency Exchange

Skype Employee Number One Launches TransferWise To Disrupt Currency Exchange

January 24th, 2011 01:30 admin Leave a comment Go to comments

TransferWise launches its online currency exchange today, which hopes to give the banks a run for their money, along with disrupting the consumer-end of the money exchange market as a whole. The headline proposition is that the platform gives anyone access to the same mid-market exchange rates that banks get on their interbank market, with TransferWise charging a flat fee of £1 for each transaction regardless of the amount being exchanged. That’s potentially a big deal.

But what’s equally notable is the company’s founders, which includes Skype employee number one Taavet Hinrikus.

Read the rest of this entry »

Source: Skype Employee Number One Launches TransferWise To Disrupt Currency Exchange

Related Articles:

  1. TransferWise Sees $1M In Transactions, Opens Up To Businesses
  2. Virtual Currency Becomes Real In South Korea
  3. Skype’s Worthless Employee Stock Option Plan: Here’s Why They Did It
  4. Bitcoin Currency Surpasses 20 National Currencies In Total Value
  5. There’s Kanye West-Themed Crypto-Currency On the Way
blog comments powered by Disqus