Published by Forbes
London Technology Week is well underway with hundreds of events that bring together domestic and international players from across the technology ecosystem. The initiative also serves as an advertisement for London’s booming technology scene – here are 10 companies making waves.
Covercy has created a digital system for processing payments that is more efficient and cheaper than bank transfers. To get fees down, Covercy operates the bank accounts in countries that they support to receive and send payments. By using these accounts for handling the ‘last mile’ of the exchange, Covercy is able to reduce the costs involved with international money transfers. Covercy has recently closed a $1.5m funding round and has been granted its Financial Conduct Authority license in the UK…