Show HN: 99% cheaper international business transfers

Re:Show HN: 99% cheaper international business transfers – f... by pxmpxm on Thursday August 31, 2023 @07:27AM (#37335518)

First thing that came to my mind - gonna get sued/shutdown by DOJ for ignoring KYC/AML stuff like every crypto thing that claimed the same.

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Re:Show HN: 99% cheaper international business transfers – f... by pclmulqdq on Thursday August 31, 2023 @08:11AM (#37335939)

There's probably a good reason they aren't operating in the US.

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Re:Show HN: 99% cheaper international business transfers – f... by pxmpxm on Thursday August 31, 2023 @08:22AM (#37336054)

EU has nearly identical KYC and AML requirements...

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Re:Show HN: 99% cheaper international business transfers – f... by wdaareg on Thursday August 31, 2023 @09:05AM (#37336538)

We are actually working on it.

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Re:Show HN: 99% cheaper international business transfers – f... by wdaareg on Thursday August 31, 2023 @09:05AM (#37336531)

We are licenced and regulated by the FCA in the UK and the NBB in the EU – two trusted financial authorities that also regulate Wise. We therefore have to meet the expected high standards both authorities require from us, especially in terms of KYC&AML.

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