Monday, February 27, 2017

Cambiu launches to help people find the best bricks-and-mortar currency exchanges

At one point, if you wanted to exchange money, you’d head to the nearest “bureau de change,” where you’d swap your pounds or dollars for francs, lira, or guilders. This worked, but you’d inevitably be lumbered with a terrible exchange rate or onerous fees. But then credit and debit cards happened, allowing you to withdraw cash from an ATM at the current market rates. This was a revelation, and then the entire process got even cheaper. Over the past few years, several innovative fintech startups have arrived that allow you to swap currencies, but without the steep fees you’d associate…

This story continues at The Next Web

No comments:

Post a Comment