Friendly Transfer
Curated by SignalCross-border payments platform enabling local money exchanges efficiently.
Overview
Friendly Transfer operates as a cross-border payments provider, focusing on local money exchanges to reduce the costs associated with international transfers. The platform allows users to initiate transactions, specify amounts, and connect with others for money exchange, which may help avoid traditional banking fees. It targets individuals needing international money transfers and offers the first transaction without charge, followed by subscription plans for subsequent transactions. The platform utilizes users' social networks to potentially improve cost-effectiveness and transaction ease. Additionally, it includes a money-back guarantee aimed at ensuring transaction security. This model seeks to address issues related to high transfer fees and complex banking processes.
Key facts
- Founded
- 2016
- Headquarters
- Boston, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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- 4 products and services
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- Commercial model
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Contact
- Primary office
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