July 21, 2012

Independent's high-tech tale of two Cities

Thursday's The Independent Ideas section talked about TransferWise among the FinTech companies in London that have taken on the old-school bankers in a high tech play. We were featured together with our good friends and brothers in arms from GoCardless and MarketInvoice.

 

Full: A hi-tech tale of two cities: Ex-bankers are ditching the pinstripes to launch start-ups

 

 

Quoting from the paper:

Hinrikus believes it is responding to a growing demand for a new approach to banking. "As more companies are providing services instead of the banks, and the banks are under fire, the message is being reinforced that these services can be provided by other people in a better way," he says. "The banks have missed out a little bit on the technology revolution and stayed behind the curve for way too long."

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