Families Get Screwed Sending Dollars To Mexico. TransferWise Does It 4X Cheaper

This entry was posted in Andreessen Horowitz Apps Azimo Finance Mobile money transfer remittance Social Startups TC TransferWise worldremit on by
birthdaybot1 (1) Money transfers are a crooked racket. They’re designed to hide just how much cash they steal from immigrant workers sending funds to family back home. Western Union, Moneygram, even PayPal’s Xoom trumpet that they only charge around $5, but quietly pocket people’s money by setting their own unfair exchange rate. TransferWise wants to put an end to all this bullsh*t. Today the… Read More

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