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TransferWise Stock

Peer-to-Peer money transfer service

About TransferWise Stock

TransferWise is a money transfer service allowing private individuals and businesses to send money abroad without hidden charges. TransferWise lets expats, foreign students and businesses move money globally. The firm's pricing and operating model are a substantial departure from standard practice in the money transfer sector, providing customers with a lower-cost alternative to traditional means of moving money internationally. TransferWise was founded in London in March 2010 by Taavet Hinrikus and Kristo Kaarmann. Taavet was part of the small team that started Skype in 2003 and has recently worked with a number of startups as an angel investor and advisor. Kristo had a financial services background from Deloitte and PricewaterhouseCoopers. Institutional investors include IA Ventures, Index Ventures, Seedcamp and Kima Ventures. Strategic angels include Virgin Group Sir Richard Branson and PayPal founder Max Levchin. TransferWise is licensed and regulated by the UK Financial Services Authority.

Investors

Funding History

April 2012$1.3M
May 2013$6.0M
June 2014$15.4M
January 2015$58.5M
May 2016$26.0M
September 2017$65.0M

Management

Co-Founder & Chief Executive Officer

Kristo Kaarmann

Co-Founder & Chairman

Taavet Hinrikus

Press

How to Be an Expatriate in 2020

New York Times - Feb, 21 2020

Other Companies

EquityZen does not have an affiliation with, formal relationship with, or endorsement from TransferWise or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.

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