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For TransferGo, a London-based money transfer company, Ukraine was its fastest growing market last year.

Wednesday, January 30, 2019
For TransferGo, a London-based money transfer company, Ukraine was its fastest growing market last year.

For TransferGo, a London-based money transfer company, Ukraine was its fastest growing market last year. After launching service for Ukraine in 2017, the company recorded 350,000 Ukraine transactions for €70 million, an average of €200 per remittance. Today, the service is used by 110,000 Ukrainians, or 12% of the company’s global customer base. Investing in the Ukraine market, TransferGo temporarily suspended commissions for Ukraine transfers last summer and then launched a mobile app in Ukrainian.

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