"We’re trying to be like the WhatsApp of payments,” says co-founder Alex Lopera. “It’s really frustrating today when you want to do a transaction, when you want to pay back your friends, money that you owe them, and you don’t want to do online banking. It’s not something that’s cool or really works. “Verse is super slick and easy — you just type the amount that you want to transfer, select one of your phone contacts from your address book, click send and the money’s already there.” It’s a mobile social payments story that’s amply familiar from multiple apps these day. And not just in the US: in Europe other players here include the likes of France’s Lydia, Germany’s Cookies, US-based Circle, and N26 with its MoneyBeam offering, to name just a few.

https://techcrunch.com/2016/10/25/verse-banks-8-3m-series-a-to-accelerate-its-p2p-payments-play-in-europe/