Neobanks in Money transfers category

Wise

Global leader in international money transfers, multi-currency accounts, debit cards and low-fee currency exchanges.

N26

Leading EU neobank app for checking and savings accounts, debit cards, payments and free ATM withdrawals.

Zelle

Popular U.S. payment app to send and receive money using only an email address or a phone number.

MiFinity

MiFinity is a digital payment platform that allows users to send and receive money globally in multiple currencies.

Northmill

Scandinavian digital bank for personal loans, credit cards, savings accounts, personal loans, payments and investments.

Vialet

EU banking app for including international money transfers and virtual debit cards for freelancers and entrepreneurs.

Blackcatcard

Blackcatcard is a neobank that provides an EU bank account and a Mastercard that is accepted globally.

Aion

EU neobank app offering savings accounts, debit cards, multi-currency accounts, global money transfers and loans.

Carte Zero

French neobank app offering debit cards with cashback, payments, free ATM withdrawals and budgeting tools.

MisterTango

Mistertango is a fintech platform that provides online current accounts, payments and prepaid debit cards.

Verse

European payment app for instant payments, splitting expenses and making payments via QR codes and debit cards.

Holvi

EU bank app for invoicing, book-keeping, tax reporting and expense management for entrepreneurs and SMEs.

Bankera

Famous EU neobank offering personal and business accounts, debit cards, crypto wallets and fast payments.

CountingUp

UK digital bank for paying and receiving money, invoicing, tax and financial reporting for freelancers and SMEs.

Atom Bank

UK digital bank offering high-interest savings accounts, mortgages, personal loans, business loans, cards and payments.

ConnectPay

EU neobank app for prepaid cards, currency exchanges and international transfers for individuals and businesses.

Vivid

German neobank for IBAN accounts, debit cards with cashback, FX exchanges and investing in stocks and ETFs.

Varo

Popular U.S. neobank app with spending and savings accounts, early direct deposit and overdraft protection.

BigPay

Prominent Malaysian e-wallet app offering mobile wallets, prepaid Mastercard and international money transfers.

ecoPayz

EU digital wallet offering prepaid Mastercard, and instant money transfers for personal and business use.

First Direct

UK digital bank app offering current accounts, savings accounts, mortgages and loans and credit cards.

Profee

EU digital wallet app offering instant online payments globally, EU debit cards and multi-currency accounts.

Bilderlings

UK bank app offering individuals and businesses current accounts, global transfers and payment cards.

Lumon

UK-based FinTech focused on foreign exchange and international transfers, savings accounts and payments.

Satispay

Innovative Italy-based finance app that combines an online account, money transfers and currency exchange.

Allica Bank

A specialised UK-based digital bank for SMEs offering business loans, savings accounts and business accounts.

Neobanks disrupt international money transfers

In the past, sending money abroad was a hassle. Traditional banks charged high fees for wire transfers, and the process could take several days to complete. Fortunately, neobanks have stepped up the game and offer customers a faster, cheaper and more transparent way to send money overseas.

Money transfers made easy

Neobanks are online banks that offer banking services solely through a digital app or platform. These digital banks offer user-friendly interfaces and low fees. One of their main advantages is their ability to offer international money transfers. Notably, clients who live or work abroad can send money to friends or family around the world.

Popular neobanks for international money transfers

Several neobanks offer international money transfers, each with its own unique features and benefits. Here are a few examples:

  • Wise (formerly TransferWise): Wise is a UK-based neobank that allows users to send money online to over 80 countries. They offer low fees and competitive exchange rates, making it an affordable option for international money transfers.
  • WorldRemit: WorldRemit is a global online money transfer service that operates in over 130 countries. They offer a variety of transfer methods, including bank transfers, cash pick-ups, and mobile money.
  • Ria Money: Ria is a popular money transfer service that allows customers to send money online or through their mobile app. They offer competitive exchange rates and low fees, and their services are available in over 160 countries.
  • MoneyGram: MoneyGram is a well-known money transfer company that has been around for over 80 years. They offer a range of services, including cash pick-ups, mobile wallets, and bank transfers. Their services are available in over 200 countries.
  • Zelle: Zelle is an instant payment service that allows users to send money to friends and family. While they don't offer international money transfers, they are a convenient option for domestic transfers within the US.

The future of international money transfers

Thanks to neobanks, sending money abroad has never been easier or more affordable. Notably, customers are the winners thanks to low fees, competitive exchange rates, quick transactions, full transparency and cost control.