[dovdovdov]

It's clearly a service mostly depending on eastern (central) european migrants working in the UK.

I wonder if brexit doesn't fall through what will it do to their single leg business.

And even if brexit fails, these people will become less and less dependent of their home country. (moving close family to the uk, paying off mortgages)

So yeah, my point is these untapped areas can dry off quick. (I'm talking a decade maybe)

Or there are stupid investors who don't want to invest into this no-brainer goldmine. :)

[Dobbs]

I use transferwise for US => UK. It also seems to be the most widely recommended of the services in the expat community.

[riffraff]

not just the UK, this is the same pain point for everyone when interacting between Euroland and the rest of Europe too.

Germany + France + Italy + Spain have _a lot_ of people sending money to non-euro countries.

EDIT: this could dry up quickly anyway though. My bank charges idiotic amounts to change and trasnfer money, I doubt there is any technical reason they must, they can get to TW level trivially, it seems, they just don't care enough.

[briandear]

I use them to move money to/from Europe, The US and Mexico. I used a competitor a year ago. My point is that their business seems to be far beyond a significant Brexit risk.

If they gain inroads in the US Mexican/Central American community, the UK-Eastern Europe segment will pale in significance.

[richardknop]

It started as that but it has expanded since. There are lots of people using Transferwise all over the world now. People going to vacation or living in Japan, for example, can save money by using TW.

[saas_co_de]

transferwise has great rates all over the world but not sure how dependent they are on UK market.