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The limited pilot will be restricted to 200,000 users in the US and Guatemala. F2's Marcus has said the company plans is instead to use free person-to-person transfers to build up its user base, before branching out to become a more general payment provider and making money on merchant fees.
They also had an idea, sparked by a conversation with another friend, a computer science major who had gone back to his home in Guatemala, where he had gotten a job at a call center doing tech support in order to support his family. “We School just isn't fulfilling when you aren't physically there, and we had a lot of time on our hands."
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