Facebook targets financial services. The social networking site is weeks away from gaining regulatory approval in Ireland that will allow users to store money and send funds to each other

Facebook targets financial services. The social networking site is weeks away from gaining regulatory approval in Ireland that will allow users to store money and send funds to each other

 

Facebook has also discussed potential partnerships with at least three London start-ups that offer international money transfer services online and via smartphones: TransferWise, Moni Technologies and Azimo, according to three people involved in the discussions.

http://www.ft.com/intl/cms/s/0/0e0ef050-c16a-11e3-97b2-00144feabdc0.html?siteedition=intl#axzz2ypv3cP8u

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