Tagged: kristo käärmann

Expense Management Firm Emburse Launches Global Reimbursements Platform that’s Powered by TransferWise

Emburse, a company focused on providing expense management solutions and accounts payable automation, has introduced Emburse Global Reimbursements – which is powered by global money transfer service provider, TransferWise (which recently booked its 4th year of profitability while processing £67 billion in transfers in the… Read More

Over 30% of Cross-Border Payments Made via Fintech TransferWise are Now Instant, Transaction Fees have Also been Lowered: Report

  UK-based Fintech firm and stealth bank TransferWise, which recently booked its 4th year of profitability while processing £67 billion in transfers in the past year, has published its Q3 2020 report which goes over how the company has been focusing on its goal of… Read More

Transferwise is Saving US Customers Lots of Money Compared to Other Fintechs (and Banks)

Transferwise, a UK based Fintech that has gone global, has distributed a note promoting the savings it can generate for US customers. Transferwise is a Fintech that allows you to quickly and inexpensively transfer money anywhere – minus hidden fees and silly exchange rates. The… Read More

Transferwise Raises $319 Million at $5 Billion Valuation as Growth Accelerates for the Profitable Fintech

As has been rumored for some time now, Transferwise has raised additional funding at a valuation of $5 billion – a 43% increase to its last funding round. According to a note from the Fintech, Transferwise has closed on $319 million in new capital with… Read More

North Loop Bank Integrates Transferwise to Facilitate Money Transfers

North Loop Bank, a Fintech providing “borderless banking,” has integrated Transferwise‘s service to facilitate speedy and inexpensive money transfers at the actual exchange rate. As you should know by now, many traditional financial services firms gouge customers when transferring money. Beyond excessive fees, some firms… Read More

Fintech TransferWise Reveals that 25% of its Cross-Border Money Transfers Are Now Near-Instant, Arriving in Less than 20 Seconds

Kristo Käärmann, co-founder and CEO at London-based TransferWise, a privately-held Fintech firm that allows individuals and businesses to send money abroad at affordable and transparent rates, revealed that 25% of the cross-border transfers facilitated by the firm are now instant. Earlier this month, the TransferWise… Read More

Transferwise Partners with Alipay on Money Transfers

Fintech TransferWise has announced that its 7 million+ customers can now send money instantly to Alipay users. Alipay is the payments platform provided by Ant Financial (Alibaba). Ant Financial is the highest valued Fintech in the world. “Our newest partnership with Alipay has been one… Read More

TransferWise for Banks Partners EQ Bank to Help it Offer Faster Cross-Border Funds Transfers

EQ Bank, a digital platform provided by Equitable Bank, Canada’s Challenger Bank, revealed that it has teamed up with TransferWise, a leading UK-based money transfer service. Following the partnership, EQ Bank is offering faster cross-border funds transfers that are up to 8x cheaper for the… Read More

Bank in Disguise: TransferWise Launches Borderless Multi-Country Bank Account & Debit Card

Fintech unicorn TransferWise has announced the launch of a new borderless and fee free, multi-country, bank accounts and debit cards. Transferwise may be the best Fintech positioned globally to provide all of the bank-like services without officially becoming a bank. As CI has written before,… Read More

SyndicateRoom Publishes “Top 100: Britain’s Fastest-Growing Businesses”

Hot off the press! UK online investment platform SyndicateRoom launched a new report which identifies the fastest-growing business in the UK: Top 100: Britain’s Fastest-Growing Businesses. The SR Top 100 report uses a methodology by Beauhurst to rank the country’s leading startups by their increase in valuation between… Read More

TransferWise Announces Borderless Accounts in Canada

Transferwise, one of the highest profile Fintech firms in Europe, announced on Wednesday the launch of its new Borderless account in Canada. This news comes just a few weeks after the company added Apple Pay to the list of options its users may leverage to… Read More

TransferWise’s Future of Finance Report Shows How Americans Incorporate Fintech into Daily Life

Nearly one third of Americans will be using a technology company for financial services such as loans, mortgages and payments in five years, reports global P2P platform TransferWise Almost one third of Americans are likely to be using a technology provider and not a bank for… Read More

Send this to a friend