TransferWise Continues Neobank Plans, Launches Borderless Accounts in Canada

Fintech TransferWise is moving forward with its plan to reach neobank status, by rolling out its Borderless service to more countries. The Borderless service, which was first introduced in May, allows businesses to receive payments and transactions like they have a local bank account within another country. After receiving their local account details, businesses can transact seamlessly with their customers across the globe. Businesses are also able to transfer money between 27 separate currencies. To read know more, click here.