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WireCash

From EverybodyWiki Bios & Wiki

WireCash
WireCash_company_logo_with_padding.png
File:WireCash company logo with padding.png
WireCash Company logo
Privately held company
ISIN🆔
IndustryFinancial Services
PredecessorATMCash
Founded 📆2005, 11 years ago
Founders 👔Ran Grushkowsky,
Jonathan Cooper
Headquarters 🏙️,
Area served 🗺️
United States
ServicesMoney Transfer, Top up (or reload) and Electronic bill payment
Members
Number of employees
🌐 Websitewww.wirecash.com
📇 Address
📞 telephone

WireCash is a digital money transfer marketplace where customers can compare remittance services and complete money transfers online.

With one login, customers can evaluate money transfer services based on brand, price, recipient payout option, along with other criteria. Money transfers completed through WireCash are then safely processed and distributed worldwide to recipients.

Founded in 2005, the company previously operated ATMCash, prior to establishing WireCash. The company was founded by Ran Grushkowsky and Jonathan Cooper, and is based in Santa Monica, CA.

Money Transfer Marketplace[edit]

WireCash enables offline money transfer companies to operate online. It also provides online money transfer companies with access to additional customers backed with payment guarantee.[1]

As a marketplace, WireCash enables customers to compare and send money transfer, bill pay and reload services based on price or exchange rate.

Services[edit]

As of October 14, 2016, WireCash offered the following services:[2]

Partners[edit]

Choice Money Transfer[edit]

In November 2017, Choice Money Transfer joined the WireCash Marketplace.[3] Choice's global network provides a wide range of payment options – from bank account transfers, to cash pick-ups and mobile wallet top ups – which allow clients to make payments to any country, no matter the currency. All digital money remittance transactions initiated by USA customers are originated and processed by Choice Money Transfer, Inc., a member of Small World Financial Services Group, in accordance with money transmitter licenses issued in the jurisdictions that Choice Money Transfer is authorized to do business. [4]

La Nacional[edit]

Envíos de Valores La Nacional joined the WireCash Marketplace in October 2017.[5] La Nacional, a U.S. licensed money transmitter, provides money transfers to more than 85 countries in Latin America, Africa, Europe and Asia. La Nacional provides real-time payout of money transfers, maintaining a network of more than 30,000 global locations including bank branches and retail stores, enabling deposit to account, cash pickup and home delivery.[6]

Maxitransfers[edit]

To increase footprint to Latin America, WireCash announced the addition of Maxi Money Services to their marketplace for money transfers in November 2016.[7] Maxi Money Services, a U.S. licensed money transmitter, provides money transfers to 16 countries including Mexico, El Salvador, Brazil and other countries in Latin America. Maxi Money Services offers real-time payout services to a network of more than 40,000 locations including recipient banks and retail outlets, for deposit to account, cash pickup and home delivery.[8]

Ping Express[edit]

In June 2016, WireCash announced the welcoming of Ping Express which provides deposits in minutes into bank accounts in Ghana or Nigeria. This partnership also enables reloads, or top-ups to the same countries through the marketplace.[9]

Pontual[edit]

To strengthen coverage to Brazil, WireCash announced adding Pontual to their platform in November 2015.[10] This partnership allows WireCash customers to deposit into any bank account in Brazil through a known-brand in the Brazilian community in the United States.[11]

Cuallix[edit]

With the addition of Cuallix in November 2015 to the WireCash Marketplace, customers can, from the US, pay bills in Mexico including electricity, phone and cable TV, and mortgage payments.[12]

Girosol[edit]

Girosol joined the WireCash Marketplace in April 2015.[13] A well-known money transfer company allows customers to send money to Latin America, Europe and Asia for a total of 32 serviceable countries. Girosol's delivery options include cash pickup, bank deposit and home delivery.[14]

Funding[edit]

WireCash was initially funded with $5 Million dollars from an institutional investor.[15]

References[edit]

  1. "WireCash, Partner with Us". Retrieved 14 October 2016.
  2. "WireCash - Official Site". Retrieved 14 October 2016.
  3. "Terms of Service & User Agreement - Choice Money Transfer, INC. / Small World User Agreement". WireCash.com. 2 November 2017. Retrieved 26 December 2017.
  4. "Learn about Small World Money Transfer". Retrieved 26 December 2017.
  5. "Envios de Valores La Nacional joins the WireCash Marketplace for Money Transfers" (Press release). International Business Times. 26 October 2017. Retrieved 26 December 2017.
  6. "La Nacional - About Us". Retrieved 26 December 2017.
  7. "Maxi Money Services joins the WireCash Marketplace for Money Transfers" (Press release). PRUnderground. 7 November 2016. Retrieved 26 December 2017.
  8. "Maxi Money Services - History". Retrieved 26 December 2017.
  9. "WireCash Marketplace for Money Transfers Grows With Addition of Ping Express" (Press release). Santa Monica, California: PRUnderground. 7 June 2015. Retrieved 14 October 2016.
  10. Passy, Jacob (2 November 2015). "WireCash Adds Brazilian Partner for Online Remittances" (Press release). American Banker. Retrieved 14 October 2016.
  11. "Enviouchegou, powered by Pontual". Retrieved 14 October 2016.
  12. "WireCash Partners with Cuallix, Expanding Its Online Marketplace for Money Transfers to Include International Bill Payments and Mobile Recharges" (Press release). Santa Monica, California: PRWeb, Vocus. 11 November 2015. Retrieved 14 October 2016.
  13. Tveten, Julianne (21 April 2015). "WireCash introduces comparison-shopping to the money-transfer market" (Press release). built in los angeles. Retrieved 14 October 2016.
  14. "Girosol, Payment Locations". Retrieved 14 October 2016.
  15. Pressberg, Matt (24 April 2015). "Future Comes Down to Wire" (Press release). Los Angeles, California: Los Angeles Business Journal. Retrieved 14 October 2016.

External links[edit]


This article "WireCash" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.