Atlantic Money

Atlantic Money

Brings equality to the global money transfer market.

HQ location
London, United Kingdom
Launch date
Employees
Enterprise value
$19m
Company register number
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Financials

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Revenues, earnings & profits over time
USD20222023
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Source: Dealroom estimates

More about Atlantic Money
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Atlantic Money is a fintech startup that simplifies international money transfers for individuals and businesses. Operating primarily in the European market, the company offers a user-friendly app that allows clients to send money across borders with ease. Unlike traditional banks and many competitors, Atlantic Money charges a flat fee for each transaction, regardless of the amount being transferred. This flat fee model, combined with the use of live exchange rates, ensures that customers always know exactly what they are paying and receiving, without hidden costs or unfavorable rates.

The primary clients of Atlantic Money are individuals and small to medium-sized businesses that need to transfer money internationally. These clients benefit from the company's transparent pricing and efficient service, which often results in significant cost savings compared to other money transfer services. Atlantic Money is particularly attractive to those who make frequent or large transfers, as the flat fee structure becomes increasingly advantageous with higher amounts.

Atlantic Money operates in the highly competitive international money transfer market, where it distinguishes itself by offering a straightforward, cost-effective solution. The company's business model revolves around its flat fee structure and the use of live exchange rates, which are the rates at which currencies are traded in real-time. This approach not only provides transparency but also builds trust with clients who appreciate knowing they are getting a fair deal.

Revenue for Atlantic Money is generated through the flat fees charged on each transaction. This model contrasts with many competitors who often charge a percentage of the transfer amount, which can become expensive for larger sums. By keeping fees low and predictable, Atlantic Money attracts a loyal customer base looking for reliable and affordable international money transfers.

In summary, Atlantic Money is revolutionizing the way people and businesses transfer money internationally by offering a flat fee, live exchange rates, and a user-friendly app. This approach provides significant savings and transparency, making it a compelling choice in the fintech space.

Keywords: fintech, international transfers, flat fee, live exchange rates, cost-effective, transparent pricing, user-friendly app, European market, small businesses, reliable service.

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