Cross-Border P2P Startup peerTransfer Secures Funding
peerTransfer has announced that it has secured financing led by Spark Capital and well-known angels including Dave McClure (500 Startups and formerly of PayPal), John Landry (former CTO of Lotus) and Jim Hornthal (co-founder of Travelocity). "Founded at MIT, peerTransfer enables individuals and businesses to transfer money between international bank accounts more conveniently and up to five times lower cost, compared to traditional banking and wire services."
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