2 ms·
Sequoia Backs Startup Giving Offshore Accounts to People in Unstable Economies
- 1oooqooq 2y agosequoia and yc! interesting. seems very predatory too. $3/mo in places where cost of living is as low as $100/mo. plus $30+ fees for every little thing, even a charge back! money is simply stored, no interest of any kind. claim everything at cost but apply 2.5% on forex on top of Mastercard rates! which will be something like 4%+! wise charges like 0.4% guess they are aiming to serve capital flight and little else. or expatriates needing a way to send money home.
- deleted 2y ago[deleted]