Walutomat.pl

Walutomat
Industry online financial services
Founded 2009
Headquarters ul. Szyperska 14, 61-754 Poznań, Poland
Owner Currency One SA

Walutomat.pl is a social currency exchange platform based in Poland. Walutomat.pl allows its users to exchange currencies at rates set by individual users. As of 2014 Walutomat.pl deals in 5 currencies: PLN, EUR, USD, GBP and CHF.

History

Walutomat.pl was established by Revelco Sp. z o.o. in November 2009 as one of the first Polish services offering online currency exchange - for several months Walutomat enjoyed first-mover advantage, as there was no major competitors on that market niche. Walutomat's unique position lasted till spring 2010 - the launch of competitive online currency exchange companies, like Cinkciarz and InternetowyKantor.[1] In 2013 Revelco Sp. z o.o. - the owner of Walutomat.pl - merged with InternetowyKantor.pl S.A. creating Currency One SA - the biggest Polish online currency exchange with about 50% market share.[2]

Statistics

According to company's website the value of daily transactions on Walutomat.pl reaches 51 million PLN, and since 2009 over 90.000 users of Walutomat.pl exchanged equivalent of over 10 billion PLN.[3]

See also

References

This article is issued from Wikipedia - version of the 7/22/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.