back Back

Atlantic Money completes EU launch of foreign exchange services

By Gloria Methri

February 10, 2023

  • Android app
  • Atlantic Money
  • Europe
Share

Atlantic Money, FX service, Europe, Android app, iOS App Store, FinTechAtlantic Money has announced the completion of its launch in the European Union. The service is now officially available across 29 countries and allows users to send up to £/€1 million for a fixed fee of £/€3.

The completion of the EU launch follows its localised December roll-out across France, Italy, and Spain and only six months after receiving its official EU payment institution license from the National Bank of Belgium.

To further the availability of the service, Atlantic Money also launched its new Android app after initially being available for iOS only. Atlantic Money Android users will now be able to transfer up to one million pounds or euros for a fixed fee of £/€3, always at the current exchange rate. The company claims users can save up to 99% on transfers, compared to competitors Wise, PayPal, and Revolut.

Neeraj Baid, co-founder of Atlantic Money said, “We are excited to finish our EU expansion and the launch of our Android app. Over 50% of our visitors had requested Android so we’re happy to now be able to provide it. We have ambitious plans in terms of currency corridors and regional expansion for the year ahead and are excited at the prospect of extending both the benefits and the reach of our product.”

Besides the new Android app, Atlantic Money can be accessed via the iOS App Store. Starting today, new users can also register via the new web sign-up on the homepage.

Previous Article

February 10, 2023

IREP Credit Capital and Credgenics simplify loan collections for MSMEs

Read More
Next Article

February 10, 2023

Mastercard and Xsolla collaborate to enhance payments for gamers

Read More






IBSi Daily News Analysis

UAE, money transfer

May 23, 2024

Android app

By 2034, the digital remittance market is expected to reach $83.2bn, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

May 23, 2024

Vitesse secures $93m in Series C Funding to fuel US expansion

Read More

May 13, 2024

KeyBank launches virtual account management solution for treasury clients

Read More

May 08, 2024

Revolut debuts crypto trading platform for professional traders

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023