Mon, Feb 17, 2014 - Page 15 News List

Skype engineer’s currency-exchange site gives banks run for their money

AFP, TALLINN

“This means that the business is subject to the same rules as commercial banks in the UK,” she said.

The half-dozen Transferwise investors read like a who’s who of IT venture capitalists.

PayPal founder and Facebook’s first financier Peter Thiel is among them via his Valar Ventures company, as is Xavier Niel, the founder of French communications provider Free.

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