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VIDEO: The two Estonians taking on the banks
Monday, October 5, 2015 16:49
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The two Estonians taking on the banks
6 October 2015 Last updated at 00:01 BST
“Whenever you move money around the world, banks take a cut, it’s a big cut and it’s unfair,” says Kristo Käärmann, co-founder of TransferWise.
Together with fellow Estonian Taavet Hinrikus, he set up TransferWise, which aims to shake-up the banks’ dominance of global money transfers and make it cheaper for people to move money overseas.
Four years on the business transfers £500m ($760m) monthly.
The firm’s co-founders explain how they got started.
The post VIDEO: The two Estonians taking on the banks appeared first on Middle East Post.
Source: http://middleastpost.com/video-the-two-estonians-taking-on-the-banks/
