TransferWise launches new business account and plans foreign exchange card
|05/23/2017||Posted by BusinessMediaguide.Com under General World News||
LONDON — TransferWise is branching out beyond its core business of online international money transfer, launching a new business account and planning a foreign exchange debit card later this year.
TransferWise, one of Britain’s few tech unicorns, announced on Tuesday that it is launching a new “borderless account” — an online account that can hold multiple currencies. It aims to help businesses manage payments and costs in local currencies across multiple countries using just one account.
TransferWise’s CEO and cofounder Taavet Hinrikus told Business Insider: “Those people and businesses who are leading a more international life — they’re either working, studying abroad read more >>>