The Google-backed distributed currency exchange, which is part of a new wave of international financial technology outfits, is trying to make it easier for people to pay others in the crypto-currency Bitcoin.
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.
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?
