Transferwise

TransferWise is a leading global FX transfer platform

Transferwise

TransferWise is a leading global FX transfer platform

  • Disruptor in consumer and business cross-border money transfer market, a space historically dominated by traditional banks
  • Purpose-built payments platform combines multiple forms of difficult-to-build infrastructure including technology, compliance/regulation, and bank relationships
  • Infrastructure enables dimensionally better customer proposition versus traditional banks: up to 5x faster, more convenient, and up to 5x cheaper
  • Exceptional customer advocacy and sticky customer cohorts lead to best-in-class efficiency in customer acquisition and embedded, frictionless growth
  • 12 global offices serving five million customers and processing £4bn per month in transfers across 1,600 currency routes (as of 2018)

Key facts

  1. Sales Not Disclosed
  2. Employees > 1,600
  3. Industry Financial Services, Technology, Telecoms & Internet
  4. Headquarters UK & Ireland
  5. Geographic Footprint Europe, UK & Ireland
  6. Website transferwise.com
  7. Investment Date April 2019
  8. Fund VIP III Cortex

Investment Facts

Transferwise

TransferWise is a leading global FX transfer platform

Key facts

  1. Sales Not Disclosed
  2. Employees > 1,600
  3. Industry Financial Services, Technology, Telecoms & Internet
  4. Headquarters UK & Ireland
  5. Geographic Footprint Europe, UK & Ireland
  6. Website transferwise.com
  7. Investment Date April 2019
  8. Fund VIP III Cortex
  • Disruptor in consumer and business cross-border money transfer market, a space historically dominated by traditional banks
  • Purpose-built payments platform combines multiple forms of difficult-to-build infrastructure including technology, compliance/regulation, and bank relationships
  • Infrastructure enables dimensionally better customer proposition versus traditional banks: up to 5x faster, more convenient, and up to 5x cheaper
  • Exceptional customer advocacy and sticky customer cohorts lead to best-in-class efficiency in customer acquisition and embedded, frictionless growth
  • 12 global offices serving five million customers and processing £4bn per month in transfers across 1,600 currency routes (as of 2018)

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