Tagged: taavet hinrikus

November 7, 2019 @ 12:59 pm By Omar Faridi  |  

London-based GoCardless, a Fintech firm that makes collecting payments by direct debit easy for everyone, has partnered with TransferWise, a cross-border money transfer service, in order to launch the first global network for processing recurring payments through bank debit. GoCardless’ recurring payments customers will be… Read More

May 22, 2019 @ 12:41 pm By JD Alois  |  

Fintech Unicorn and stealth bank Transferwise has raised $292 million at a valuation of $3.5 billion. According to multiple reports, Transferwise has doubled its valuation in contrast to its last funding round. The round was said to be over-subscribed. Transferwise last raised capital at a… Read More

January 10, 2018 @ 8:14 am By JD Alois  |  

Yesterday, Transferwise, the UK based Fintech Unicorn, announced it had launched a borderless debit card for a group of trial users. Basically it is a current account that can be used anywhere minus the silly fees banks charge consumers. Transferwise will commence a wide release… Read More

June 28, 2017 @ 4:07 pm By Samantha Hurst  |  

With Brexit talks taking place this week between the UK and European Union (EU), CEO of TransferWise, Taavet Hinrikus sat down with CNBC to discuss the UK’s soon departure from the EU and what could happen to London.  During the interview, Hinrikus stated: “One regulator… Read More

May 18, 2017 @ 7:10 am By Erin Hobey  |  

UK Fintech TransferWise has reached operational profitability six years after launch, according to a release. The Estonia-founded, London-based currency exchange startup indicated that it is currently amassing £8 million a month in revenue and is on target to reach £100 million for 2017. “To have hit… Read More

April 30, 2017 @ 9:35 am By JD Alois  |  

Transferwise is a great service. I know it is great because I am a customer. Awhile back I reached out to my bank (big, multinational, global brand name with a storied history) and told them I needed to quickly transfer some money to an international… Read More

March 15, 2016 @ 9:11 am By Therese Torris  |  

Will fintech startups cause the demise of banks or come to their rescue? This was one of the topics debated at The “Future of Banking” event held by The Economist in Paris on March 10th 2016. The Future of Banking was aptly subtitled “Survival of… Read More