The TransferWise Business Model – How Does TransferWise Make Money?
Executive Summary: TransferWise is an online money transfer service that allows customers to send money at low fares across 50 different currencies. Contrary to traditional exchange services and banks, TransferWise claims to up to 13x cheaper. Founded in 2011 by two London based Estonians, the company makes money by charging a fee on every cross-currency … Read more