The Estonian-founded, London-based money transfer service, TransferWise, has announced it has for the first time become profitable on operational basis. That does not necessarily mean the company is going to make a profit in the fiscal year of 2017-2018, and is certainly going to make a loss in the fiscal year 2016-2017 (that ended in […]
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The Estonian-founded, London-based money transfer company, TransferWise, is to open an office in Singapore that will serve as the company’s hub for the Asia-Pacific region. The company’s team in Singapore will include engineering, product, verification, compliance, customer support, regulation and marketing, TransferWise said in a statement, adding it expects to have 30 people working at
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The Estonian money transfer company, TransferWise, has launched a mentoring programme, Startup Surgery, to help people with innovative business ideas develop their products or services. According to Kaarel Kuddu, the company’s product lead and one of Startup Surgery’s initiators, the TransferWise team wants to share its experience and knowledge with others. “Our story is often
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The Estonian-founded money transfer startup, TransferWise, has integrated its system with Facebook Messenger, a popular chatting application. This enables TransferWise customers to send money and set up rate alerts without leaving the Messenger application. The TransferWise Bot, as the Messenger add-on is called, guides clients through the transfers and it can be used to set
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The Estonian-founded, London-based, money transfer firm TransferWise is among the 50 world’s leading fintech innovators, according to the latest Fintech 100 list. The Fintech 100 list is a collaborative effort between Australian fintech investment firm H2 Ventures and global professional services firm KPMG, and analyses the fintech space globally (fintech refers to new solutions which demonstrate
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The founders of the Estonian money transfer service, Transferwise, Taavet Hinrikus and Kristo Käärmann, won the Web Entrepreneur of the Year award, presented by the European Commission and Deloitte during the Slush startup conference in Helsinki, Finland. The annual award is given as part of the Europioneers programme, an initiative of the European Commission that
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Vikram Pandit, the former Chief Executive Officer of the American banking giant, Citigroup, has been confirmed as an investor in the Estonian-founded, London-based money transfer firm, TransferWise. Pandit actually invested in the company during its US$58 million series C funding round earlier in 2015, which was led by venture capital firm Andreessen Horowitz, but his
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The Estonian-British startup, TransferWise, has been chosen as a technology pioneer by the World Economic Forum. The company was chosen by a jury of 68 academics, entrepreneurs and investors from hundreds of candidates. Candidates are judged based on innovation, potential innovation, viability and leadership. “TransferWise is part of a group of entrepreneurs who are more
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TransferWise, the Estonian-founded, London-based money transfer platform, broke a Guinness record over the weekend in Estonia, by creating the world’s largest currency symbol made out of people. The company gathered employees from across its five offices in Europe and the US to complete the giant euro symbol, made up of 350 people from 35 different
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The Estonian startup, Pipedrive, won the Best B2B Startup of the Year award and the founders of TransferWise, Taavet Hinrikus and Kristo Käärmann, were honoured as the best startup founders at this year’s the Europas Conference and Awards for European Tech Startups. We’re very happy to have won Best B2B Startup of The Year at
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