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.
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.
The reasons that European entrepreneurs and investors are starting up financial technology companies are many — including opportunism, pragmatism and even fear.
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.
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?