TransferWise integrates its money transfer system with Facebook Messenger

The Estonian-founded money transfer startup, TransferWise, has integrated its system with Facebook Messenger, a popular chatting application.

This enables TransferWise customers to send money and set up rate alerts without leaving the Messenger application. The TransferWise Bot, as the Messenger add-on is called, guides clients through the transfers and it can be used to set up transfers from the US, the UK, Canada, Australia or continental Europe.

For clients who make regular payments between two currencies, the bot will send alerts to stay up to date with the daily currency rates.

TransferWise was founded in 2011 by two Estonians, Kristo Käärmann and Taavet Hinrikus. Over £800 million passes through TransferWise every month, and the money transferring system is also used by businesses and commercial banks. The company is headquartered in London and has eight offices around the world, employing 600 people.

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Cover: TransferWise founders Kristo Käärmann and Taavet Hinrikus.

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About the author: Sten Hankewitz

Sten Hankewitz is a lifelong journalist and Deputy Editor at Estonian World. Having lived in Estonia, Spain, the UK and all around the US, he now resides in Chicago, IL. He loves to write and besides working at Estonian World and doing some occasional blogging, he writes books and contributes to other outlets in Estonia, Israel and elsewhere. He has strong convictions and he shows them unashamedly. You can follow him on Twitter, like his page on Facebook or check out his personal blog. You can write to Sten at sten@estonianworld.com.