EvoNexus Company, Quippi, nixes fees for immigrants sending money home

A San Diego startup has launched what it says is the first international shopping card — allowing immigrants to send money home without getting socked with high wire-transfer fees.

Quippi, which recently raised $2 million in venture capital, has developed technology that lets users buy shopping cards good in Mexico on its website, quippi.com. Quippi cards also can be purchased at certain wireless outlets, neighborhood grocery stores and liquor stores in California and Texas.

Read the UT article.