RE: Race to the bottom in terms of fee's?22 Sep 2022 13:42
Certainly an interesting startup, but they are early seed with <10m VC, only just launching, and we know very little about them and their cost structure. Early days I would say, and they only have an iOS app atm (anybody tried yet?). Lets see how many signups and transaction volume they report by eoy. By then we should also have the first AML/KYC stories on trustnet, as tends to happen with payment services providers operating in the UK. Then sometime next year when we get a chance to see their first reporting, that will be a good moment to look across from a Wise perspective. My tuppence anyway :)