We're Oxford students who got frustrated that transferring
money is so hard.
You've got to log into internet banking, ask your
friend for their account number and sort code, tinker with your
"secure key", follow up in a few days to confirm receipt... and
all just to send £1.20 for those carnations? Ugh.
We think sending money between friends should be easy, and
free. In the future, we'll make money by charging businesses to
accept Cashew. Did you know that when you buy a £2.5 coffee, the
coffee shop is losing ~10% of that just to debit card fees?