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TransferWise is a peer-to-peer online money transfer service that allows individuals and businesses to send and receive cross-border payments at lower costs compared to traditional banks. It was founded in 2011 by Kristo Käärmann and Taavet Hinrikus, and has since become one of the leading international money transfer services globally. TransferWise operates on a borderless account system, allowing users to hold and manage multiple currencies in a single account.

TransferWise

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