PagoFX, the international money transfer FinTech backed by Santander, has been extended to sole traders and is introducing a new web service.
The move is aimed at opening up the service to the UK’s 3.5 million sole traders, with eight new currencies added from the Middle East and Central and Eastern Europe, including Israel, Turkey, Romania and Croatia. It has also extended its no-fee programme for two months.
The service - which launched in the UK in April - claims to make international transfers within minutes if sent before 4:30 pm for US dollars and 2:30 pm for euros on business days.
Cedric Menager, chief executive at at PagoFX, said: “From the outset, PagoFX has been designed to ensure anyone can make simple, safe and low-cost money transfers, and today’s announcement takes us one step further.
“We are pleased to now support sole traders across the UK and extend our current no-fee programme to them during these uncertain times - whether you prefer to use mobile apps or a web browser, you can expect an easy-to-use, secure and fast process with PagoFX.”
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