FinovateEurope 2013 / TransferWise
Presenter Profile:
How they describe themselves: TransferWise allows regular people to access the real, mid-market exchange rate. We do this using peer-to-peer technology that cuts out traditional fees. Customers pay a tiny, fully transparent service charge to access this.
Contacts:
Bus. Dev.: Joe Cross, [email protected]
Press: Donata Huggins, [email protected], 0-759-505-1258
Website: transferwise.com
Blog: transferwise.com/blog
Twitter: @transferwise
HQ: London, UK
Founded: March 2010
Product Demoed: TransferWise
Product Launch: February 2011
Metrics: $1.35M worth of investment. 20 employees, but looking to treble this in 2013. We transferred over £10M in the first year and we’ve been growing at over 20% a month.
- Key Executives
Taavet Hinrikus (Co-Founder, TransferWise & Former Director, Skype), Kristo Kaarmann (Co-Founder, TransferWise, Former Consultant, Deloitte & Former Consultant, PricewaterhouseCoopers)
Key Stats
- Key Board Members
Taavet Hinrikus (Co-Founder, TransferWise), Kristo Kaarmann (Co-Founder, TransferWise), Roger Ehrenberg (Founder & Managing Partner, IA Ventures)
- Key Investors
Index Ventures, IA Ventures, TAG (Robin & Saul Klein personally), David Yu (Former CEO, Betfair), Xavier Niel (Owner, Le Monde & Free), Seedcamp & Max Levchin (Founder, PayPal) among others.
- Key Customers
Individuals, businesses, anyone transferring money abroad