Where is rewire

It helps you track expenses and makes budgeting simple, with your transaction history, recipient details, and real-time exchange rate info all just a tap away. Now you can access various international financial services — and even have your salary deposited directly to your account.

Send money home with Rewire. Financial services that make you feel at home. Send Money Worldwide. European Account. Free Mastercard. Personal Finance App.

Slide 1. Send money home from. Our community managers are. Manage your money via. Send money with Rewire in 3 simple steps. Open a free account. Transfer money.

The most important thing I love about Rewire is that I can send money home at any moment, 24 hours. There are so many apps, but if I go to the rate and check which one is higher, Rewire is always on top.

It's just easy — one click then go, it's there. I'm recommending Rewire to everyone. Rewire, a Tel Aviv-founded neobank built specifically for migrants, began its launch in Europe last July. Traditionally, migrants have struggled to find a one stop shop where they can manage all their finances from both their home and host countries in just one app.

Often they have as many as four accounts: a bank they receive their salary to, a money transfer service for transferring abroad, a savings service back home, and a short-term loan broker.

This is where Rewire comes in. Currently, the challenger offers two main services. The first is banking in Europe — including a current account and debit card, and the second is international money transfers to countries such as Nepal, Philippines, India, Nigeria and Kenya. Right now the alternative is to physically send someone in the Philippines to do it on your behalf.

Kashtan puts this disconnect down to a combination of language barriers and a lack of good credit solutions, which makes migrants too risky for advanced services. UK competitor Monese is a neobank for migrants, but it does not yet offer a savings account.

With a tech-heavy focus at its core, Rewire then went on to hire in the non-tech talent it needed to get properly up and running.

Its revenue margins rest on money transfer fees, but Kashtan says that ideally in three years time its money transfers will be free like its basic banking services, as the neobank would — in theory — be able to charge bank and lending partners fees instead. Log in with your FinTech Futures account.

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