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Verse grabs $20.5M to take its p2p payments play beyond Europe | TechCrunch

P2P payments will solve local barter-like exchanges, but it’s not clear that they can rise to the level of B2B transactions. Who are Verse users? Lopera confirms the commission-free p2p payments app is “predominantly” being used by millennials. While its best markets currently are in southern Europe; namely Spain, Italy and Portugal, according to Lopera. […]

P2P payments will solve local barter-like exchanges, but it’s not clear that they can rise to the level of B2B transactions.

Who are Verse users? Lopera confirms the commission-free p2p payments app is “predominantly” being used by millennials. While its best markets currently are in southern Europe; namely Spain, Italy and Portugal, according to Lopera. He also lists France and the UK as other markets where it’s getting traction.

Source: Verse grabs $20.5M to take its p2p payments play beyond Europe | TechCrunch

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