CurrencyTransfer Opens In Tel Aviv

November 18, 2015 | The online foreign exchange, CurrencyTransfer, has opened its Tel Aviv office in the co-working space South of Salame (SOSA) in order to expand its presence in the Israeli market. Founded in 2014 by CEO Daniel Abrahams and CTO Stevan Litobac, CurrencyTransfer is an online foreign exchange market in which users my find the best rates from different buyers and sellers. Requiring a minimum of £5,000 ($7,500) per exchange, CurrencyTransfer has processed over $40 million in transfers since inception and aims to reach $500 million in the coming year. So far, the London-headquartered company has raised an undisclosed amount from several angel investors, including former 888 CEO Gigi Levy, Co-Founder of Taykey Itay Birnboim, and Wonga Founder Errol Damelin.