The foreign exchange market has been one of the most restricted ones for several decades. Due to the many changes in the exchange rates and additional fees, many users could not comprehend the process of making payments. To make it simple for users, many fintech startups have started coming up with their own solutions to make changes to the overseas payments.
As the money transfer industry has witnessed several noticeable changes. While there are many attractive fintech startups that have ventured into the payments industry. These companies have disrupted the peer-to-peer money transfer sector and have attracted millions of users.