CurrencyFair.com Blog

Two Lucky CurrencyFair Customers Will Be Sharing €5000 – Will It Be You?

CurrencyFair recently turned five and to celebrate our birthday, we’re giving two lucky CurrencyFair customers the chance to share €5000 between them. CurrencyFair-5th-Birthday

In the 5 years it has been in operation, CurrencyFair has helped people transfer nearly €2 billion and has saved them well over €100 million.

We thought we’d have little fun and reward two customers in the process.

How To Enter

The rules are simple: during the month of May 2015, use your CurrencyFair refer a friend code/link to tell people about the savings they can achieve with CurrencyFair. Every person who joins and completes an exchange with CurrencyFair during May 2015 will go into the draw. If one of them is randomly selected as the winner, we will then look back to see who introduced them to us – you! You and your lucky friend both win €2500 just for saving money on your international money transfers.

Each person you refer and completes an exchange in May 2015 gets entered into the draw. The more times you refer, the more times you can be entered into the draw so make sure to refer as many people as possible to maximise your chances of winning.

It’s that easy.

Why Two Winners?

There’ll be two winners because we are a peer to peer business. This means the more people within the system sending money in opposite directions, the greater the chance you’ll have to beat the interbank rate with our amazing MarketPlace. You’ll also get matched faster too. If you prefer the QuickTrade option, more people in the system will mean even better exchange rates when you choose to exchange immediately . . . and yes, you can still beat the interbank rate with QuickTrade!

In short, the more people using CurrencyFair, the more money you’ll save.

The Fine Print

To keep things clear, here is the fine print for this competition: CF-Generic-small

There will be two winners: One Referrer and the person they referred (the Referral).

A new customer qualifies as a Referral if they sign up with CurrencyFair using a referral code and go on to trade over €400 (or equivalent) within the month of May 2015. (This applies to the whole month of May. If you have already referred someone in May they will count in the draw).

CurrencyFair will randomly select a Referral and the person who has referred them to win the prize. In order to claim the prize, the participant must give their consent for their name to be used in promotional materials by CurrencyFair. Should consent not be given, a new winner will be selected at random.

Employees and affiliates of CurrencyFair are not eligible for this competition (sorry guys).

The competition is subject to our business terms & conditions.

Good Luck!

That’s all there is to it. All you need to do now is to start sharing your refer a friend code (available inside your CurrencyFair account) and let people know about the amazing savings they can achieve by avoiding unfair bank fees and charges.

Best of luck to all our wonderful customers!

Thank you for your continued support.

Money Transfer Companies Compared

If you are trying to decide which is the best way to move your money abroad (or receive money from another country), this article Money Transfer Companies Compared is exactly what you need.  Money transfer companies compared

Below are all the different options for making international money transfers. We’ll help you with some common questions like:

  • Which is better, Paypal or CurrencyFair?
  • How do currency brokers like Oz Forex compare to CurrencyFair?
  • Are banks much more expensive than CurrencyFair?
  • CurrencyFair vs Transferwise?

Remember to also check out the actual numbers in our Currency Exchange Calculator.

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3 Big Media Reviews of CurrencyFair

When someone first looks into sending money abroad they naturally have questions and concerns. After all, we all work hard for our money and no-one wants to give it away to third parties if they don’t have to.

Trust is a big issue when it comes to a financial service provider.

In this article, we’ll look at how the international news media view the money transfer industry (including media reviews of CurrencyFair).

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Fun Facts About Living In The UK [Infographic]

Moving to somewhere new like the UK is always an exciting chapter in anyone’s life.

To help you prepare for your new life, here are some fun facts about the living in the United Kingdom.

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Five Years On – The Growth Of CurrencyFair [Infographic]

If you don’t know already, it’s our 5th birthday this month – and to mark the occasion, here’s an infographic detailing the rise of CurrencyFair since its beginnings in 2010.

Click here or on the image below for the full piece.

birthday-infographic-snippet

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Celebrating CurrencyFair’s 5th Birthday – An Interview With CEO Brett Meyers

At CurrencyFair we’re happily celebrating our fifth birthday! Interview with CurrencyFair CEO Brett Meyers

Over the past five years we’ve helped people send nearly €2 billion to other countries and have saved them well over €100 million in the process.

Have you entered our birthday competition yet?

With such an amazing track record of success and with such a bright future ahead of us, we thought it a good time to take a few moments to reflect on how far we’ve come.

Here’s CEO and Co-Founder, Brett Meyers sharing his thoughts on the rapid growth of CurrencyFair . . .

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From Little Things, Big Things Grow – CurrencyFair’s 5th Anniversary

We’re in an even better mood than usual here at CurrencyFair.

Why? CurrencyFair-5th-Birthday

We’re celebrating our 5th birthday!

It’s been quite a journey so far and one that has been made so worthwhile by our wonderful customers and supporters.

A Stroll Down Memory Lane

Things looked a little different back when CurrencyFair first opened business.

The co-founders and first employees had all given up good jobs to risk it all on a bold new venture. The startup team were determined to help all those working expatriates, students living abroad, business owners, retirees abroad, and foreign property owners – all of whom had been unfairly treated by their banks when it came to sending money abroad.

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CurrencyFair, World’s Leading Person-To-Person Currency Exchange Marketplace, Raises €10 Million

PRESS RELEASE:

CurrencyFair, World’s Leading Person-To-Person Currency Exchange Marketplace, Raises €10 Million

The dominant person-to-person currency transfer platform operating in the £2k plus marketplace, secures €10 million round investment led by Octopus Investments.

CurrencyFair has today announced it has raised a €10 million funding round, led by Octopus Investments.

CurrencyFair was the first platform in the world to break the $1 billion barrier in money-matching transfers early last year. Since then, their growth has accelerated month-on-month across their main currency corridors between the UK, Europe and Asia-Pacific.

This latest funding round will help capitalise on the expanding new sector of peer-to-peer currency transfer, and enhance and expand CurrencyFair’s existing currency corridors. Participants in the round include venture capital investors Octopus Investments (‘Octopus’) with follow on from existing investors Frontline Ventures.

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Engineering Hiring Challenges – The CurrencyFair Tech Blog

This article was originally published on the CurrencyFair Tech Blog

Growth is a great problem

CurrencyFair has been experiencing exceptional growth over the last number of years as we reach more and more people around the world, with our product being the best way to transfer money internationally. Having transferred over €1.7bn and saved our customers over €100m to date, it’s an easy story to tell. Scaling up even further allows us to build more features, reach more people, communicate more efficiently and save even more money for our customers, but along with this exceptional growth comes associated challenges.

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Former US Banking Regulator Reveals The Best Way To Rob A Bank

Recently, on the CurrencyFair blog, we looked at how the how the international banking system works:

The international banking system is an enigma. There are more than 30,000 different banks worldwide and they hold unbelievable amounts of assets. The top ten banks alone account for roughly 25 trillion U.S. dollars. Today, banking can seem very complex; but, originally, the idea was to make life simpler.

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Which Country Has The Highest Monthly Disposable Income?

We love data here at CurrencyFair. MoveHub.com, the international moving company who are “dedicated to making your move abroad easier“, have compiled the below infographic based on personal disposable income (after all taxes) around the world.

The usual suspects feature near the top; Switzerland, Australia, USA and the Nordic countries, with tax havens and oil producers following closely. Zambia makes a surprise entry in the top five because, according to The Independent, “the range of surveyed incomes are quite high, distorting the average; the median would be much lower.”

There’s more good news for us here in Ireland after Sunday’s epic Six Nations Championship win – the average disposable monthly income is $31 higher than in the UK.

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The International Banking System Made Simple [Short Video]

If you’ve ever felt out of your depth while your friends discuss the economic collapse, or the rise of crowdfunding, or just about the banking system itself, we’ve something that will help you.

The international banking system is an enigma. There are more than 30,000 different banks worldwide and they hold unbelievable amounts of assets. The top ten banks alone account for roughly 25 trillion U.S. dollars. Today, banking can seem very complex; but, originally, the idea was to make life simpler.

This excellent explainer video from the team at Kurzgesagt will give you everything you need to know in a light, entertaining way.

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