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Wise, previously known as TransferWise, is a financial technology company focused on global money transfers. Headquartered in London , it was founded by Kristo Käärmann and Taavet Hinrikus in January 2011.
Before you can send money, you’ll need to choose which money transfer service you’d like to use. Each offers something different in the way of exchange rates, fees and speed of the transaction. 1.
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Xoom is a PayPal service you can select as an alternative delivery option. With Xoom, you can transfer money to more than 160 countries or select cash pickup. Best for business use: Wise
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Customer focus was one of Remitly's founding principles, and Oppenheimer says when he visits Remitly’s customer service centers, he takes the chance to jump on a phone, personally fielding calls ...
Remitly was founded in 2011 as BeamIt Mobile. [5] [6] The company was initially a search engine for remittance services but shifted into money transfers soon after. [6] It changed its name from BeamIt to Remitly in August 2012. [7] In April 2013, Remitly announced that it would allow its users to send free money transfers to the Philippines. [8]
Xoom expanded to 60 countries in the deal with Ria. [15] As of 2020, Ria’s money transfer services are available at over 470,000 locations in 159 countries, online, and through their app. [1] Ria continues to expand into Latin America with the support of a joint venture between parent company Euronet and Spain's Prosegur Cash. [16]