Startup of the Week: CurrencyTransfer

CurrencyTransfer is a business foreign exchange price comparison marketplace. International business payments can be expensive and opaque, with hidden markups of up to five percent of the value of transfers. CurrencyTransfer aims to bring transparency and impartiality to the market, by getting currency specialists to lifestream their tradable rates — which are usually decided ‘manually’ over the phone depending on the client — in a transparent market.  It was set up by computer scientist Stevan Litobac, who was born in Sarajevo but fled to the UK when the Bosnian war started, and Israeli-Brit Daniel Abrahams.”

http://www.wired.co.uk/news/archive/2014-03/21/startup-of-the-week-currency-transfer

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