Atlantic Money expands to Euro transfers

By Amelia Isaacs on Tuesday 23 August 2022

Digital Banking

Customers can now transfer up to €100,000 for €3.

Atlantic Money expands to Euro transfers
Image source: Patrick Kavanagh & Neeraj Baid/Atlantic Money.

 

Just a few months after launching in the UK, money transfer fintech Atlantic Money has expanded its offering to euros. 

Founded by Robinhood alumni, the challenger is looking to take on the likes of Wise and PayPal by offering fixed-fee costs at live exchange rates.

From today, customers in the UK will be able to transfer euros (at a flat rate of  €3) in addition to pounds (at £3 per transfer).

“We can’t wait for our customers to experience great savings with Euro transfers, just as they have been with British Pounds,” Atlantic Money co-founder Neeraj Baid said.

“In June, we became available for everyone in the UK and have since helped customers realise huge savings on their transfers. And we’re just about to get started in the EU,” he added.

Atlantic received its licence in Belgium at the end of June to be able to start serving customers across the EU.

Now that Euro transfers are sorted, the company is also working on allowing transfers from US dollars.

It says it “can’t wait to make that available [...] in the near future”.

Atlantic customers can also now send express delivery transfers in Canadian and Australian dollars as well as Polish zloty.

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Companies in this Article:

PayPal
Wise
Robinhood

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