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GAIN Capital establishes international money transfer business, set to launch in Q2’16

From leaprate.com

Online trading services provider Gain Capital Holdings Inc (NYSE:GCAP) today unveiled its plans to launch a new international money transfer business. The new venture, named GAIN Capital Payments Ltd., will operate under the ForeignExchange.com brand name. ForeignExchange.com will offer services to both retail and business customers. The offering will include over than 40 currency pairs and the service will cover more than 200 payment destinations. The company expects that the new service will save users an average of 60 – 80% in fees when compared to typical bank pricing. GAIN Capital plans to launch the service in ... (full story)

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