Transferwise

TransferWise's chatbot enables customers to send money to friends and family to and from the UK, UK, Canada, Australia, and Europe.

Former Citigroup Chief Executive Vikram Pandit has taken a stake in London-based currency transfer startup Transferwise, adding to his portfolio of financial technology investment

TransferWise Android app allows users to send money anywhere and is said to be 90 percent cheaper than banks.

The currency exchange platform, founded in 2011 and popular in Europe, is eyeing expansion in Asia, Africa and the US.

Irked by high bank fees on international money transfers, two Estonian IT whizzes who helped engineer Skype and Paypal have hatched Transferwise, a global Internet platform coordinating currency swaps between individuals.

TransferWise's chatbot enables customers to send money to friends and family to and from the UK, UK, Canada, Australia, and Europe.

Former Citigroup Chief Executive Vikram Pandit has taken a stake in London-based currency transfer startup Transferwise, adding to his portfolio of financial technology investment

TransferWise Android app allows users to send money anywhere and is said to be 90 percent cheaper than banks.

The currency exchange platform, founded in 2011 and popular in Europe, is eyeing expansion in Asia, Africa and the US.

Irked by high bank fees on international money transfers, two Estonian IT whizzes who helped engineer Skype and Paypal have hatched Transferwise, a global Internet platform coordinating currency swaps between individuals.