Atlantic Money for Web arrives to back its highest-volume customers
Web app caters to Atlantic's 10,000+ customers averaging £31,700 in annual transfer volumes, 3x higher than competitors
Complements mobile app that helped Atlantic hit £400M+ in total transfer volume since July 2022 launch
London, 16. May 2024. Atlantic Money, the world's first money transfer service with a fixed fee and real rates, today announced the launch of its web platform. The new robust desktop experience caters to Atlantic Money's over 10,000 customers who transfer significantly higher volumes than typical fintech users, many of whom prefer managing those transactions from a laptop or computer.
While initially focused on best-in-class mobile apps, building a web platform became a prioritized part of Atlantic Money's roadmap due to customer demand.
Atlantic Money’s annual transfer volume of £31,700 per customer far exceeds fintech averages. Wise, for example, moves £10,500 per customer. The three times higher average volume is thus not only a testament to the company's unique fixed-fee pricing model but also validates users' demand for a powerful cross-device experience to facilitate these higher-volume transfers.
Atlantic Money's high average transfer amount is clearly reflected in the company's total transfer volume exceeding £400 million since its launch in July 2022, dramatically exceeding competitors’ total volume at the same point in their history.
““Providing the most affordable way to move money globally has been core to our mission from day one.
By introducing the world’s first fixed fee of just £3 for transfers up to £1 million, we’ve attracted customers looking to make larger, high-volume international payments.
While our slick mobile app provides an incredibly easy transfer experience for our users, the powerful new web platform positions Atlantic Money to better serve our customers’ high-volume transaction needs–from freelancers and expatriates moving larger sums overseas, all the way to businesses requiring robust high-volume transfer management capabilities.”
With today's launch, the full suite of Atlantic Money's money transfer capabilities is now available at app.atlantic.money for desktop and laptop users. This includes:
World's first and only flat £3 fee on transfers up to £1 million
Real-time exchange rates
Fast identity verification and source of funds checks
Saved recipient lists for recurring transfers
Initiating, tracking and managing all transfers online
Transparent transfer histories and activity records
Login for businesses and individuals
“Affordability has been our top priority, but we’ve also relentlessly focused on simplicity,” noted Baid. “The new web experience maintains the same user-friendly approach that our mobile app is renowned for.”
The Atlantic Money web platform is now available in all markets Atlantic Money operates: the United Kingdom, European Union, Australia and Canada.
Atlantic Money welcomes all customers to try out the new desktop experience via app.atlantic.money and share ideas to continue evolving the platform.