London-based WeSwap has raised £6.5m to expand its P2P travel money platform into new markets and develop new products. The company is now looking for a partner in the UK who can help it scale up operations across Europe. the deal structure that matters. Unlike Revolut, which aims to keep its service mostly fee free to customers, WeSwap charges 1% of the amount of currency converted and aims to be profitable by next year.
London-based WeSwap has raised £6.5m to expand its P2P travel money platform into new markets and develop new products. The company is now looking for a partner in the UK who can help it scale up operations across Europe. Unlike Revolut, which aims to keep its service mostly fee free to customers, WeSwap charges 1% of the amount of currency converted and aims to be profitable by next year.