The Swapsy Story

Sandi Yu · August 16, 2018

The idea of Swapsy came from our real-life experiences. As a group of international students and expats here at Swapsy, we have had all kinds of problems when sending money across the border.


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Waiting in line forever, and when finally getting to the bank counter, we were told that one document or piece of information was missing and we had to go back, get the doc, and wait in the long line all over again.


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Finally at the bank counter with all information and documents,  we found the transaction fees unreasonable and currency exchange rate unfair. We felt like robbed by the bank.


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Trying some online currency exchange services? Tons of forms to fill out, including all kinds of sensitive, personal information like social security number and home address. It takes forever for them to review and approve the case. Some of them even don't get us started on the rates available on their websites.


As a group of sky-high foreign exchange fee victims with speedy and strong execution, we created Swapsy. This is a marketplace for international students, expats, and travelers, people with exchange demands like ourselves. With the help of the prevailing E-wallets, we establish this revolutionary peer-to-peer currency exchange mechanism, which is super simple with costs less.


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We work hard to serve our fellow students and meet their household currency exchange demands. We understand the difficulty of living abroad by oneself and hope that we can help to make the overseas life a little bit easier.


Want to know more about Swapsy? Check out How to Exchange USD and CNY on Swapsy - A Walkthrough.