Profee named Europe’s Fastest Growing Money Transfer Platform

Profee named Europe’s Fastest Growing Money Transfer Platform

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Global Banking & Finance Review magazine has named Profee the Fastest Growing Money Transfer platform in Europe in 2022. This recognition results from a thorough review by the Magazine’s expert financiers, analysts, fintech entrepreneurs and the industry’s research companies.

In taking their decision, Global Banking & Finance Review’s jury panel considered such factors as a company’s growth, business plan continuity and coherence, geography, contestants’ team professionalism, as well as the value and uniqueness of the brand proposition.

The experts have recognised Profee’s focus on innovation and high tech as well as product value. For instance, the company has introduced an AI chatbot that satisfies 65% of customer enquiries without further escalation to a customer support representative. Profee has also implemented a system to monitor the competitors’ currency rates to offer the best rates to its customers. The company’s use of the latest technologies puts it in a position to offer a 1 euro fee for all transactions regardless of the amount or destination country, whereas for certain destinations Profee charges no fees at all.

Another feature distinguished by the Global Banking & Finance Review jury is the cross-platform functionality: users can use their debit or credit cards, and bank accounts as well as Apple Pay and GPay to send money via the Android and iOS app or the website.

Alongside Profee’s recognition as the fastest growing money transfer platform in Europe, an Excellent rate (4.7/5) on Trustpilot and clients’ loyalty measured with Net Promoter Score (NPS) are definite evidence of Profee's high-quality services. According to NPS's latest index research, 82% of Profee clients would recommend the service to their friends.

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