In an aggressive move to build market share in the fast growing business of wage remittances from the EU to Ukraine
Wednesday, July 11, 2018

In an aggressive move to build market share in the fast growing business of wage remittances from the EU to Ukraine

In an aggressive move to build market share in the fast growing business of wage remittances from the EU to Ukraine, TransferGo is dropping commissions on remittances to Ukraine. “[This] allows Ukrainian migrants to send money from Europe home for free, that is, without a commission for services,” the London-based company says in a press release. Recent investments of EUR 10 million n TransferGo allow the company to drop commissions for Ukrainians, seen as a high growth market. Worldwide, the company predicts that by 2025, “the market for digital money transfers will grow five times.”

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