Startup of the Week - Bidwedge
by Startacus Admin
Got any unused foreign currency? Exchanging it just became a whole lot easier thanks to Bidwedge...
While holidays abroad may not be on any of our minds at the moment, chances are we may still have some reminders of our last trip away - in the form of unused foreign currency that we didn’t get around to spending.
It might have seemed like too much hassle to take it to the bank or the exchange rate may have been poor, therefore it’s more than likely lying in a drawer or in a bag we no longer use. Either way though, it is serving us no purpose at the moment.
That, however, need no longer be the case, thanks to our latest startup of the week.
Bidwedge is a new FinTech platform that provides “the easy way to sell your unused and unwanted foreign cash currency at the best rates”.
The platform has just launched so currently deals in Euro and Dollar only however other currencies will be added in due course.
Here’s how it works:
Simply add up your notes and use the online calculator to see what they are worth when converted to Sterling. You must then decide whether you would like to be paid by PayPal or bank transfer and complete the basic application form.
Print off your order confirmation, pop your money in an envelope and send it to Bidwedge. They have a freepost address so you won’t even need to add a stamp and most importantly of all, your money is insured.
If you are exchanging up to £30, you’ll be paid immediately whilst any transactions over this amount will be settled on the day that they receive your foreign notes.
There are no hidden fees or admin charges - what you see on the calculator is what you’ll receive.
It couldn’t be simpler!
With so many of us having small amounts of unused cash currency like this lying about our homes and effectively getting wasted, we reckon that Bidwedge have created a perfect solution.
And with most of us now at home more than ever, perhaps it’s the perfect time to have a hunt through those drawers and cupboards and see what dollars or euro we can find that can be exchanged for £££!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...
Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.
Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.
SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.
Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future
A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated
Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 26th March 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.