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'DeFi could solve the last mile problem for remittances,' says TransferGo CEO

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Quick Take
- TransferGo recently closed a $50 million Series C round co-led by Elbrus Venture Fund III and Black River Ventures.
- The Wise rival has been exploring whether decentralized technologies could make the remittance process more efficient.
TransferGo, challenger to market leader Wise, is eyeing uses for DeFi and stablecoin transfers in remittances.
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