We are licenced and regulated by the FCA in the UK and the NBB in the EU – two trusted financial authorities that also regulate Wise. We therefore have to meet the expected high standards both authorities require from us, especially in terms of KYC&AML.
When you change an entire sector, it is always met with a lot of scepticism at first. But 99% is nothing but the truth, especially since Wise and Revolut increased their prices for biz transfers. Check out our Wise comparison we created to demonstrate the difference: https://atlantic.money/wise
Further, we are profitable on every transfer with Atlantic Money. Our whole infrastructure is built on a different concept, which is why Wise and Co. also cannot offer transfers for the same price without losing it all.
To give you a proof of our work: We transferred £160m ($200m) in our first year for private users, 16x what Wise sent back then.
You really should be more transparent about who you are and how you make money, comments with figures by anonymous accounts carry zero weight. The payment industry history is littered with corpses from companies that attempted to 'change the entire sector' not a few of those went the way of the dodo while still holding customer funds. When large amounts of money are involved a lot of skepticism is very much warranted, especially when a 'Show HN' is used by an anonymous account for what is essentially an advertisement.
I can't change my old profile name, but I have added some context in my "About".