Wednesday, May 15, 2013

P2P Currency Exchange TransferWise Raises $6M Led By Peter Thiel's Valar Ventures, With Participation From SV Angel, Others

imagesHere's some encouraging news for the European startup scene, and London in particular. TransferWise, the online currency exchange that uses the crowd to undercut traditional money transfer services, has announced that it's closed a $6 million series A round led by Peter Thiel's Valar Ventures -- the first investment in Europe by the PayPal co-founder and early Facebook investor's international fund.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/r3aBpokHefE/

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