Firm to start enabling U.S. companies to make international payments through its service. Good move as the business market is three to four times as big as the consumer market
Money-transfer firm TransferWise Inc. said it plans to launch a business-payments service in the U.S. this week, the latest financial-technology startup to shift focus to businesses from consumers. The Wall Street Journal is hosting WSJDLive, an annual event that brings together tech leaders and luminaries. Click here for the latest news and join the conversation at #wsjdlive. Roughly 4 million U.S. companies make international payments and nearly 1 million have freelancers or employees abroad, he said, adding “that’s an exciting market.”
http://www.wsj.com/articles/money-transfer-firm-transferwise-expands-to-businesses-1477437817
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