This post is a part of our live coverage of FinovateEurope 2013.
Starting off day two here at FinovateEurope is Xendpay. The COO and CEO are coming to the stage right now:
“Xendpay itself is very new. However, we will be demonstrating a new service: a cash-to-cash mobile international payment. The user will send a money transfer without a payment card or bank account using just their mobile phone from a corner shop.Previously to do this kind of payment, the person would have to visit a Western Union (or similar) agent.
Xendpay can also send a conventional card-to-bank payment, as well.”
Product Launched: August 2012
HQ Location: London, UK
Company Founded: July 2012
Metrics: 6 employees; more than 20,000 registered users; average money transfer is £700; money sent to more than 80 countries
Website: xendpay.com
Twitter: @xendpay
Presenting Jake Holloway (COO) and Rajesh Agrawal (CEO & Chairman)
