Editing Currensea
The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then publish the changes below to finish undoing the edit.
| Latest revision | Your text | ||
| Line 3: | Line 3: | ||
Currensea is a new travel debit card that connects to your high street bank account and saves on charges. | Currensea is a new travel debit card that connects to your high street bank account and saves on charges. | ||
== Summary | == Summary == | ||
* The UK’s First Open Banking Debit card | * The UK’s First Open Banking Debit card | ||
| Line 12: | Line 12: | ||
<vimeo>722183996</vimeo> | <vimeo>722183996</vimeo> | ||
== Operations | == Operations == | ||
Spending abroad should be a breeze. | Spending abroad should be a breeze. | ||
| Line 27: | Line 27: | ||
=== As seen on TV === | === As seen on TV === | ||
Here’s Harry Wallop in TV’s Gadget Show, giving his views on Currensea and why it’s better than the alternatives: | |||
== Monetisation strategy | == Monetisation strategy == | ||
Currensea has multiple revenue streams: | Currensea has multiple revenue streams: | ||
| Line 44: | Line 43: | ||
Holding a customer's money is expensive. Regulation, financial crime, cyber etc. The risks are just so high. Currensea has built its technology to be as secure as any bank, but unlike challenger banks or pre-pay cards, the company doesn’t hold its customers money, so it doesn’t have those massive costs. Currensea reckons high-street banks are pretty good at doing that, they’re just not so good at some of the other things. | Holding a customer's money is expensive. Regulation, financial crime, cyber etc. The risks are just so high. Currensea has built its technology to be as secure as any bank, but unlike challenger banks or pre-pay cards, the company doesn’t hold its customers money, so it doesn’t have those massive costs. Currensea reckons high-street banks are pretty good at doing that, they’re just not so good at some of the other things. | ||
== Use of proceeds | <vimeo>723694806</vimeo> | ||
== Use of proceeds == | |||
The funds raised in this investment round, which includes this Seedrs campaign, will be used predominantly in two areas: | The funds raised in this investment round, which includes this Seedrs campaign, will be used predominantly in two areas: | ||
| Line 54: | Line 55: | ||
* Broadening the base Currensea proposition to give customers an even more compelling set of features - in areas such as spending at home, transferring money, and a whole host of others. | * Broadening the base Currensea proposition to give customers an even more compelling set of features - in areas such as spending at home, transferring money, and a whole host of others. | ||
== Team | == Team == | ||
=== Management === | === Management === | ||
| Line 75: | Line 76: | ||
Alnoor Ramji | Alnoor Ramji | ||
== Reference and notes == | == Reference and notes == | ||