Thiel becomes the second PayPal co-founder to put money into the UK’s Transferwise, which lets users send money internationally at much lower rates than those offered by traditional banks. Read more »
The service, which is being pitched as “Mint.com meets IFTTT”, is targeted at startups that lack a CFO but that want to stay on top of the accounts they have with myriad services. Read more »
Customers of the UK fintech startup can now use their debit cards on the site, instead of having to visit their online bank in order to initiate a transfer. Canadian dollars will soon be supported, too. Read more »
The reasons that European entrepreneurs and investors are starting up financial technology companies are many — including opportunism, pragmatism and even fear. Read more »
SecondMarket, the online platform for trading shares in privately-held companies, is partnering with Startup Health to educate investors about digital health and allow them to invest in health tech companies and funds. Read more »
London-based peer to peer currency exchange Transferwise has passed €10 million in transactions, saving customers nearly half a million Euros in fees that would have otherwise landed in the hands of the banking industry. Read more »
London startup Transferwise wants to be the Skype of currency exchange, disrupting existing services that charge customers heavily for moving their money. But can its low-cost, peer-to-peer approach really succeed? Read more »
