Announcing the TransferWise and North Loop Partnership!

Prasangi Unantenne
07.22.20
2 minute read

Today we’re excited to announce North Loop as our newest TransferWise for Banks partner in the US!

North Loop provides borderless banking for over 20,000 global citizens, providing their customers access to digital bank accounts, investment services, loans and now access to convenient, transparent and low cost international money transfers.

Servicing students and migrants, North Loop customers have a clear need for international transfers and when talking about transfers 55% of their customers requested the convenience and ability to send money overseas to support family back home; “Being able to send money home easily would solve a lot of problems and save me a lot of money”

The North Loop and TransferWise partnership was a no brainer - now North Loop customers don’t need to worry about the hassle of downloading another app, they enjoy the convenience of simply logging into their North Loop banking app to be able to send money overseas, and can link their existing TransferWise account or, if they don't have one, open one with just one click.

Access to convenient, fast international transfers and the ability to make the payment directly from their North Loop account, means sending an international transfer through the North Loop app is even more convenient than doing it through TransferWise. All this is possible thanks to our powerful and easy-to-use API.

If you’re a global citizen wanting to access TransferWise through a borderless bank account with North Loop, click here.

Access to a seamless, digital offering for international money transfers is more important now than ever before to customers; North Loop has taken advantage of our proven system of payment rails and API connecting people and banks around the world. Our dedicated TransferWise for Banks team supported them through all stages of the build to ensure a seamless experience.

A global network - with highly satisfied customers

North Loop joins our global partners in working with TransferWise to make their customers lives significantly easier when sending money abroad. Surveys show that our partners’ users enjoy the convenience of our service and more than 90% using the integration would recommend using our service.

TransferWise for Banks has partnered with Monzo in the UK, bunq in the Netherlands, N26 and Mambu in Germany, neon in Switzerland, Activo Bank in Portugal and LHV in Estonia, with Novo and Stanford Federal Credit Union in the US, EQ in Canada. We’ve also announced partnerships with BPCE, France’s second largest bank, and Up! in Australia. We look forward to building many more partnerships in the future.

Get in touch with our team to learn more, or start your integration by emailing banks@transferwise.com.

TransferWise is the smart, new way to send money abroad.

Find out more

Tips, news and updates for your location