Pockit and Transferwise have announced a new partnership to improve money transfer services.
In Brief:
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Pockit is a FinTech working to develop services for customers excluded by high street banks.
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It has 500,000 customers across the UK.
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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.
