As COVID-19 is hitting the world’s economy, many need help. Lithuania’s minister of finance Vilius Sapoka with the care of former President Dalia Grybauskaite started a COVID-19 Consequence Reduction Fund for Lithuania. TransferGo came to assist! They are one of the biggest Fintech company, that started in the country.
The company partnered with one of the leading global foreign exchange and payment provider IFX Payments to help receive the money faster and more effectively, getting the best exchange rates. They will use the virtual IBAN technology, to transfer the money in real-time.
Life is Changing Rapidly
IFX Payments and TransferGo have 15 years of experience in foreign payments and exchange. Both companies are well known in the world. We’re happy to see these big financial companies coming together to help.
The founder of TransferGo believes, that during the COVID-19 pandemic, the world is changing rapidly. So the human will benefit by implementing new technologies and changing their behaviour. He believes that now is a great time to evolve as a species, to be more effective, and take care of our environment. Daumantas Dvilinskas said, “People used to say that it’s very difficult to change our lifestyles quickly. People used to say office work is essential. Now, many of these assumptions are being thrown out of the window. It’s taken five weeks to adapt to a new reality that if it wasn’t forced, would have taken well over five years to achieve.” He believes, that 2020 is a big year for all of us.
What do we think?
We believe that this partnership will help the companies to improve and become stronger. I can only agree with the founder of TransferGo, we are happy to see the world is changing and evolving at such rapid speed. It is truly amazing. These times have been stressful for most of the people and everyone should try to be their best version of themselves.