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Online money transfers and the “Skype” of money

August 11, 2014 By Bennett Voyles

Companies like TransferWise and CurrencyFair are gaining popularity in the online money transfer market. Will such services disrupt traditional banking the same way Skype disrupted long-distance telephony? TransferWise, a start-up that offers a low-cost way for consumers to exchange currency, recently raised $25 million, bringing it one step closer to convincing consumers and investors that it really will […]

Filed Under: All Articles, Banking, Best Practice, Consumers, Economics, Finance, Know China Tagged With: Competition, Currency, CurrencyFair, Foreign Exchange, Government Regulation, PayPal, Skype, Slider, Start-ups, TransferWise, Western Union, World Bank

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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