7/1, 1:57 AM (Source: TeleTrader)
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TransferWise launches investment feature

British fintech company TransferWise acquired a license from the United Kingdom markets watchdog to offer retail investment services to its users.

The company said it intends to launch a service that enables its clients to invest passively in investment funds from third-party providers.

TransferWise CEO and co-founder Kristo Käärmann stated that "about three or four years ago we saw that people — and more so businesses — are not only sending money, they’re also receiving money internationally."

Breaking the News / TF