Transferwise

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

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 […]

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PICTURES: TransferWise leads rally in London for a ‘deep clean’ of the financial system

The Estonian-founded, London-based money transfer startup, TransferWise, gathered “protesters” in London’s financial district today to call for a “clean-up of the banking system” and an end to hidden banking fees. The “demonstrators”, wearing bathrobes, drove engine-powered bathtubs around Bank station and blew millions of bubbles over London’s skyline. 6,000 blue rubber ducks were scattered across the City

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Estonian-founded money transfer firm TransferWise receives US$58 million investment

The Estonian founded, London-based, money transfer firm TransferWise has received US$58 million investment from the investors led by the Silicon Valley-based American venture capital firm Andreessen Horowitz. The existing investors of TransferWise, including Sir Richard Branson, Peter Thiel’s Valar Ventures, Index Ventures, IA Ventures and Seedcamp, also participated in the investment round. Ben Horowitz, a partner at

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TransferWise holds a parade in London to draw attention to transparent forex fees

The Estonian-founded, London-based money transfer startup, TransferWise, held a parade on 30 October in the City of London to draw attention to greater transparency in foreign exchange fees. The publicity stunt saw over a hundred “skeletons” marching through the City to what the company calls “mark the end of hidden bank charges”. According to the

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Richard Branson invests in Estonian startup TransferWise

British businessman Sir Richard Branson, the founder of Virgin Group, is among high-profile technology investors to invest USD25 million into the Estonian-founded international money transfer platform, TransferWise. “I’m delighted to be investing in such an innovative company as TransferWise,” Branson said. “Financial services, such as foreign exchange, have been ripe for disruption for decades and

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The founder of TransferWise, Taavet Hinrikus: how to make it in business

Courage, conviction and brute force: TransferWise co-founder Taavet Hinrikus explains what you need to venture into the world of entrepreneurship. But can you find it in business school? When I was 20 years old, I quit my undergraduate degree to become Skype’s first employee. It was an easy choice – trading in the stuffy lecture

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TransferWise announces £1 billion mark in cross-border payments

The Estonian-founded, London-based peer-to-peer currency transfer firm TransferWise announced that £1 billion (or €1.21 billion) have been transferred via its service. TransferWise growth has been impressive – just less than a year ago, it reached a milestone of £125 million. The development of the company was greatly accelerated after receiving an investment of $6 million

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TransferWise wins the FT Boldness in Business award in London

The Estonian-founded, London-based peer-to-peer currency transfer firm TransferWise has won the Financial Times ArcelorMittal Boldness in Business award in “Smaller Company” category. The annual Boldness in Business Awards are conducted by the Financial Times, one of the leading business newspapers in the world, in collaboration with ArcelorMittal, the world’s largest steel making company. Winners are

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Insight into the London start-up scene (infograph)

This article is brought to you in collaboration with London-based Estonian money transfer start-up TransferWise. I At TransferWise, we’re seeing more and more cover letters from potential superstars that are desperate to make the move to London from continental Europe, the States, or further afield. “Enough of this Swiss bank”, they say, ceremonially burning their (massive)

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Estonia’s best e-service award winners

The latest winner of the „Estonia’s Best E-service“ contest is TransferWise, a provider of international payments and currency exchange services. The winner was announced at the information society conference. According to Katri Ristal, chairwoman of the jury of “Estonia’s Best E-Service” contest, TransferWise won both in the category of e-commerce and in the overall category.

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