Save thousands sending money home

Taavet Hinrikus is perhaps being generous when he compares his home country Estonia to Lebanon. While he may be right that both countries are small with a lot of expatriates, if Beirut’s newly developing entrepreneurial community can have anything like the successes of those in Tallinn in recent years then the country is due for a boom. The small Baltic nation has seen a series of huge hits, with Skype being the most famous but Erply and ZeroTurnaround also proving popular. Now Hinrikus, himself the first employee of Skype, has a product that could ultimately improve the lives of millions in the Middle East and across the globe. Lebanon is, as has been well documented, an economy heavily dependent on remittances from the country’s diaspora. In total, around $7.5 billion dollars a year is sent to Lebanon from around the world — incredibly representing almost 20 percent of the country’s