Number26 partners with TransferWise

Berlin-based mobile bank Number26 has joined forces with peer-to-peer money transfer service Transferwise, allowing the bank to offer quick overseas transfers from within its mobile app.

Founded last year, Number26 already has over 100,000 customers across Europe, who will now be able to transfer their Euros into eight initial currencies: US Dollar, British pounds, Swedish krona, Indian rupees, Australian dollars, Hungarian forints, Swiss francs, and Polish zloty.

Taavet Hinrikus, founder of TransferWise, said: “We want to make it as easy and fair as possible for people who need to send money abroad, so we’re very excited that Number26 customers can now access the TransferWise experience without leaving their banking app. This is a great step towards consumers having a wider choice of financial service providers and getting the best service for them.”

    Share Story:

Recent Stories

The Rise of Instant Payments
Instant payments are creating new business opportunities for banks by providing more touchpoints than ever. With these evolutions underway, Featurespace brought leading industry experts together to discuss how they are protecting customers from fraudsters in real time, utilizing innovative and disruptive solutions to reduce fraud. Click here to find out more.

Offloading Cyber Risk in the Cloud
As cyber attacks and data breaches are in the news on an increasingly regular basis - with regulatory penalties and customer trust on the line for financial services firms - it has never been more crucial to be compliant in the cloud.

This video, with Akamai’s EMEA director of security technology and strategy Richard Meeus, will help explain what your company can be doing to make sure it’s not embroiled in the next big fine or front-page scandal.