Studio: Red Antler
Abra is a global peer-to-peer money transfer app, that is sending ripples through the world by transforming the way people send and receive money (with the help of digital currency), making transferring funds more easy, instant, safe and secure. Many people work abroad and send money back to their families (such as Phillipines and Latin America) who usually don’t have bank accounts but are forced to use Western Union with high fees and long lines. Abra allows people all over the world to send money much easier and with much lower fees. It made me very happy to hear that Abra won Launch Festival 2015 competing against several other new ventures!