Transferwise

British billionaire entrepreneur Richard Branson endorses TransferWise $100M campaign

By / April 15, 2014 / 3 minutes of reading

London-based Estonian start-up TransferWise has launched a campaign to help European start-ups save money and focus their limited resources on growing their business. They have also won the support from one of the most famous start uppers the world has ever known: British billionaire entrepreneur Richard Branson. Their campaign aims …

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Estonia’s successful start-ups valued at EUR 235 Million

By / April 15, 2014 / 1 minute of reading

Experts estimate that the combined value of Estonia’s six most successful startups Creative Mobile, Grabcad, Fortumo, Transferwise, Zeroturnaround and Erply could be 305 million U.S. dollars or 235 million euros. The figure is comparable to the market value of the listed retail group Tallinna Kaubamaja, which stood at 248 million euros …

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Getting off the ground: Estonian startups

By / April 15, 2014 / 3 minutes of reading

In recent years, Estonia has developed a notable start-up ecosystem. How can others benefit from Estonia’s booming startup economy? Estonia has been said to produce more start-ups than any other country in Europe per capita. In addition to Skype’s success story, there are many new companies which have taken the world as …

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#estonianmafia: The insider view

By / April 15, 2014 / 7 minutes of reading

It’s rarely when “mafia” actually refers to something positive. However, “Estonian mafia” (or #estonianmafia for Twitter users) has come to describe the entrepreneurial phenomenon stemming from the small country in the Baltics. The term was allegedly coined by the US venture capitalist Dave McClure at a well-known event for tech …

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