TransferHero

Comparison engine for international money transfers

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March 30, 2021 $50 MRR

Reached $50 MRR (estimated) through commissions from affiliate partners.

The number of daily visitors are still horrible (10 visitors/day), but they convert relatively well because most of the users have a clear intent with their visit (long tail keywords on Google), so that's something. Most users land on a page like this one (www.transferhero.se/skicka-pengar-till/australien) (which translates to: "send money to Australia") and use the widget to the right to get to this page(https://www.transferhero.se/skicka-pengar/sverige/australien/sek/aud/3000) where they can find the cheapest provider for their next money transfer. By doing so, they click on affiliate links, earning me a commission.

By the use of Hotjar and tracking of outbound links through Google Tag Manager, I've managed to set up all I need to monitor my users going forward and see how they interact with my page. Such a gold mine of information!

Next goal: 20 visitors/day (which, I hope, will double my MRR) by the end of April.

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March 15, 2021 Decided to give TransferHero another go

Having spent last summer working on TransferHero, I lost interest in the project. On top of that, I started a full-time job last August.

In March this year, I've decided to give TransferHero another go and see where that leads to.

I'll keep you posted, but you can follow the progress on www.transferhero.se

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About

To help reduce the outrageous costs associated with international money transfers. To reduce remittance costs from 7% to 3% globally is one of UN Sustainable Development Goals.