Pockit and Transferwise have announced a new partnership to improve money transfer services.
In Brief:
Pockit is a FinTech working to develop services for customers excluded by high street banks.
It has 500,000 customers across the UK.
Now, these customers can access faster international transfers with better rates.
What does this mean?
Pockit aims to support those financially underserved in the UK – it previously helped customers with money transfers to over 29 countries, but the partnership with TransferWise strengthens this service. Now, customers can transfer money digitally across 2,500 routes and 54 currencies.
