Back in 2011, both TransferWise and GoCardless was founded in London in a bid to solve the problem with finances and make it transparent. In this regard, TransferWise offers an alternative way to send money abroad without hidden charges, whereas GoCardless allows businesses to collect payments effortlessly, with transparent pricing.
According to the research from YouGov and GoCardless, 73% of the businesses are planning for international expansion within the next five years. Among them, 39% are hesitant to proceed, citing the complexity of taking international payments.