---
title: "TransferWise launches in the US, opens an office in New York"
id: "14205"
type: "post"
slug: "transferwise-launches-us-opens-office-new-york"
published_at: "2015-02-17T18:46:56+00:00"
modified_at: "2015-02-17T22:17:56+00:00"
url: "https://estonianworld.com/business/transferwise-launches-us-opens-office-new-york/"
markdown_url: "https://estonianworld.com/business/transferwise-launches-us-opens-office-new-york.md"
excerpt: "The Estonian-founded, London-based, money transfer startup, TransferWise, has launched its service in the US and opens an office in New York City. Joe Cross, one […]"
taxonomy_category:
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taxonomy_post_tag:
  - "Estonian startups"
  - "Estonians in the USA"
  - "Global Estonians"
  - "Transferwise"
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publisher: "Estonian World"
language: "en-GB"
author: "Estonian World"
author_url: "https://estonianworld.com/author/estonianworld/"
---

# TransferWise launches in the US, opens an office in New York

![Image](https://estonianworld.com/wp-content/uploads/2015/01/Kristo-+-Taavet-_DSC6116.jpg)

By  [Estonian World](https://estonianworld.com/author/estonianworld/)
  ·  February 17, 2015  · [Business](https://estonianworld.com/category/business/)
 · 1 minute of reading

### The Estonian-founded, London-based, money transfer startup, TransferWise, has launched its service in the US and opens an office in New York City.

Joe Cross, one of the company’s early employees, will lead the New York office as General Manager. He will be building a team from the new hub in New York’s Soho West. Cross previously worked as the company’s head of marketing. Prior to this, he was head of strategy and brand at shopping and travel site Kelkoo.

The launch follows a recent [US$58 million funding](https://estonianworld.com/business/estonian-founded-money-transfer-firm-transferwise-receives-58m-investment/)
 round led by Andreessen Horowitz, the VC firm founded by Netscape and Opsware founders Marc Andreessen and Ben Horowitz. TransferWise pledged to use this investment to expand globally, and its US launch represents the start of its ambitious international rollout.

In the coming months, [TransferWise](https://estonianworld.com/technology/london-based-estonian-start-up-transferwise-wins-an-important-startup-prize-at-the-europas-in-berlin/)
 plans to open offices in Germany and Australia and launch another 300 currency routes later in the next year.

TransferWise was founded in London by Estonians Kristo Käärmann and Taavet Hinrikus in early 2011, making transfers between just the British pound and euro. It now has 250 members of staff, 292 currency routes and continues to grow between 15-20 percent a month.

I

Cover: TransferWise founders Kristo Käärmann and Taavet Hinrikus.

## About The Author

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[Estonian World](https://estonianworld.com/author/estonianworld/)
[Estonian World](https://estonianworld.com)
 is a global independent online magazine, founded in London in 2012 and headquartered in Tallinn, Estonia. The magazine has editorial representations in London, Boston, Los Angeles and Tallinn, and contributors all over the world, on every continent. Follow us on [Facebook](https://www.facebook.com/EstonianWorld/)
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