Before financial technology start-ups became all the rage, there was TransferWise. In 2011, TransferWise launched to disrupt the money transfer sector, which it has. It enables people to send and receive money–internationally and locally–at mid-market exchange rates and low fees. All costs are known upfront and guaranteed (up to 48 hours). By contrast, many money transfer companies and banks markup exchange rates and charge high fees. Some even hide their pricing details in their terms and conditions.
TransferWise customers can hold 40+ currencies and get bank account details for the US, UK, Eurozone, Australia, and New Zealand through a “borderless” multi-currency account. A debit Mastercard is also available in some regions.
Over the past few years, bitcoin and other cryptocurrencies have surged in search engine queries and the public interest. A growing desire for all things blockchain and digital currency has produced many exchanges, applications, products, and services. The appetite to trade cryptocurrencies has increased as well. However, making money with bitcoin and cryptos aren’t limited to only buying and selling them.
Many crypto exchanges and SaaS companies utilize affiliate marketing programs to grow their users, trading volumes, and sales. An affiliate program compensates publishers (bloggers, YouTubers, and influencers) for sending traffic to a merchant’s site.
Monzo makes money by splitting the interest margin earned on loans and balances and collecting interest. It shares revenues or collects fees through third-party product and service arrangements, for instance, its partnership with TransferWise to offer money transfer services. It makes money on cash withdrawals in foreign currency outside of the European Economic Area (£200 in withdrawals is free per 30-day period). It charges for replacement cards. Learn more about Monzo’s fees.
Curve makes money through plan subscriptions. It shares revenues or collects fees through third-party product and service arrangements; for example, customers can earn cashback through purchases at select partners (Curve Cash).
Twitter is a terrific site to promote your products and services, and more so if you’re targeting specific demographics that enjoy and prioritize it. There are thousands of examples of businesses that market their goods on Twitter. You can also promote sales events, discounts, and coupons.
If you run an online store using Shopify, the Twitter Auto Posting app will automatically post product messages on your behalf. Also, there are roughly 200 Twitter-related apps that can help with marketing, sales, and operations.