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TransferWise to offer investment products but has 'no plans' to become a bank

Published by Techcrunch on Wed, 01 Jul 2020


TransferWise, the London-headquartered international money transfer service recently valued at $3.5 billion, has secured an additional license with U.K. regulators to enable it to offer investment products in the future. This will mean that U.K. customers who have money deposited in a TransferWise multi-currency or so-called borderless account will be given the option to make []
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