Best Practice Report

Disrupting Finance: P2P Currency Exchange

Startups Offer A Cheaper Way To Transfer Money Abroad

 and  two contributors
Apr 15, 2015

Summary

Peer-to-peer (P2P) currency exchange platforms like CurrencyFair, TransferWise, and Walutomat.pl match customers with one another to facilitate currency exchanges. These startups offer better exchange rates than retail banks and international money transfer firms do and have already saved customers millions of dollars in transaction fees. Read this report to learn who the main players are, to assess their disruptive potential, and to understand how to outflank them.

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