Great to see more and more competition in the money transfer space, congrats on the launch.
Here's a little comparison by amount received (incl. all fees) with the cheapest provider found on Monito.com (comparison site I co-founded) vs Atlantic Money:
Sending £1000 to:
- EUR: €1,199 vs €1,196.83
- CAD: CA$1,693 vs CA$1,686
- PLN: zł5,737 vs zł5,826.58
- USD: $1,311 vs $1,310
As we can see, the competition on pricing for popular routes will be quite intense! Do you plan on mainly focusing on customers who need to send larger amounts? Or are you planning on developing other differentiators (New routes, customers service, user experience etc...))
Here's a little comparison by amount received (incl. all fees) with the cheapest provider found on Monito.com (comparison site I co-founded) vs Atlantic Money:
Sending £1000 to:
- EUR: €1,199 vs €1,196.83
- CAD: CA$1,693 vs CA$1,686
- PLN: zł5,737 vs zł5,826.58
- USD: $1,311 vs $1,310
As we can see, the competition on pricing for popular routes will be quite intense! Do you plan on mainly focusing on customers who need to send larger amounts? Or are you planning on developing other differentiators (New routes, customers service, user experience etc...))