OverviewSuggest Edit

TransferWise is a foreign exchange and money remittance company. It provides a mobile app that enables users to send money abroad at the real exchange rate and track transfers in their accounts. The company serves expats, foreign students, and businesses.
HQLondon, GB
Employee Ratings4.4

Latest Updates

Employees (est.) (Sept 2020)2,100(+5%)
Revenue (FY, 2020)£302.6 M(+69%)
Cybersecurity ratingBMore

Key People/Management at TransferWise

Kristo Käärmann

Kristo Käärmann

Founder and CEO
Taavet Hinrikus

Taavet Hinrikus

Founder and Chairman
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TransferWise Office Locations

TransferWise has offices in London, New York, Tampa, Collingwood and in 7 other locations
London, GB (HQ)
56 Shoreditch High St, Shoreditch
Collingwood, AU
36-38 Gipps St
Tallinn, EE
Veerenni 24
Chiyoda, JP
Otemachi Building, 1-6-1 Otemachi
Cherkasy, UA
Smilyanska 46, 2nd floor
New York, US
19 W 24th St Floor 9
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TransferWise Financials and Metrics

Summary Metrics

TransferWise's latest funding round in July 2020 was reported to be $319 m. In total, TransferWise has raised $1 b. TransferWise's latest valuation is reported to be $5 b.
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TransferWise Revenue

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TransferWise's revenue was reported to be £302.60 m in FY, 2020 which is a 69% increase from the previous period.

Revenue (FY, 2020)


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GBPFY, 2017


-2 k x


63.7 x




0.2 x


0.1 x

Financial Leverage

2.6 x
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TransferWise Operating Metrics

TransferWise's Customers was reported to be 8 m in Jul, 2020.
Mar, 2017May, 2017Nov, 2017Dec, 2017Q4, 2018Sep, 2018Jan, 2019FY, 2019May, 2019Sep, 2019FY, 2020Jul, 2020


1 m2 m3 m4 m5 m5 m6 m7 m8 m

Monthly Transactions

800 k

Average Monthly Transaction Volume

£1 b$2 b£2 b£3 b£4 b£4 b£4 b


42 69 70 70
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TransferWise Acquisitions / Subsidiaries

Company NameDateDeal Size
PT TransferWise International Indonesia
TransferWise Australia Pty Ltd
TransferWise Borderless Limited
TransferWise Brasil Correspondente Cambial Ltda.
TransferWise Brasil Corretora de Câmbio Ltda
TransferWise Canada Inc
TransferWise Europe S.A.
TransferWise Hong Kong Limited
TransferWise Inc.
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TransferWise Revenue Breakdown

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TransferWise revenue breakdown by geographic segment: 52.0% from Europe, 26.0% from United States and 22.0% from Rest of the World

Human Capital Metrics

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TransferWise Cybersecurity Score

Cybersecurity ratingPremium dataset



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TransferWise Online and Social Media Presence

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TransferWise News and Updates


Transferwise 'would not set up in London' if launching now

Transferwise 'would not set up in London' if launching nowTaavet Hinrikus, the founder and CEO of money transfer service TransferWise, speaks to Adam Parsons about why London has become a hub for financial technology but explains why he wouldn't choose to headquarter his firm here if he was launching it today.

How The Founders Of TransferWise Came Up With The Idea For Their Billion-Dollar Company

How The Founders Of TransferWise Came Up With The Idea For Their Billion-Dollar CompanyThe London money-transfer startup TransferWise is now worth nearly $1 billion, a huge milestone for any tech startup — especially in Europe.

Unqork and TransferWise join Finxact marketplace

Finxact, the leader in Core as a Service banking, is spear-heading the transition in the United States to a model of core banking that combines the benefits of cloud with the ability for banks to readily select among best-in-class technology providers.

HSBC to launch Transferwise rival

HSBC is taking on the likes of Transferwise and Revolut with the launch of Global Money Account, a free mobile-based service that customers can use to hold, manage and send funds in various currencies to HSBC customers in over 20 markets around the clock in real-time without incurring any fees.

Emburse streamlines international expense reimbursements with TransferWise

Emburse, a global leader in expense management and accounts payable automation, announces the launch of Emburse Global Reimbursements.

TransferWise revs up in Singapore

You can now receive SGD straight into your TransferWise account — just like a local could.
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TransferWise Frequently Asked Questions

  • When was TransferWise founded?

    TransferWise was founded in 2011.

  • Who are TransferWise key executives?

    TransferWise's key executives are Kristo Käärmann and Taavet Hinrikus.

  • How many employees does TransferWise have?

    TransferWise has 2,100 employees.

  • What is TransferWise revenue?

    Latest TransferWise annual revenue is £302.6 m.

  • What is TransferWise revenue per employee?

    Latest TransferWise revenue per employee is £144.1 k.

  • Who are TransferWise competitors?

    Competitors of TransferWise include WorldRemit, Revolut and Western Union.

  • Where is TransferWise headquarters?

    TransferWise headquarters is located at 56 Shoreditch High St, Shoreditch, London.

  • Where are TransferWise offices?

    TransferWise has offices in London, New York, Tampa, Collingwood and in 7 other locations.

  • How many offices does TransferWise have?

    TransferWise has 12 offices.