TransferWise is a company providing international money transfer services. The Company enables users to send money abroad to a list of countries using multi-currency accounts. It also offers an application that allows users to track their transfers on the go, and make new ones.

Employee Rating

HQLondon, GB
Size (employees)1,200 (est)+19%
Transferwise was founded in 2010 and is headquartered in London, GB
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Transferwise

Taavet Hinrikus

Taavet Hinrikus

Founder, CEO
Kristo Kaarmann

Kristo Kaarmann

Executive Founder
Show more

Transferwise Office Locations

Transferwise has offices in London, Dubai, Kuala Lumpur, Singapore and in 7 other locations
London, (HQ)
6th Floor, The Tea Building 56 Shoreditch High St
100 Harris St
24 Veerenni
126 Lajos u.
Otemachi Building, 1-6-1 Otemachi
Kuala Lumpur,
Ilham Tower 8 Jln Binjai
Show all (11)
Report incorrect company information

Transferwise Financials and Metrics

Summary Metrics

Founding Date


Transferwise total Funding

$480.6 m

Transferwise latest funding size

$84.27 m

Time since last funding

a month ago

Transferwise investors

Transferwise's latest funding round in November 2018 was reported to be $84.3 m. In total, Transferwise has raised $480.6 m. Transferwise's latest valuation is reported to be $1.6 b.
View all funding rounds

Transferwise Revenue

Embed Graph
View revenue for all periods
Transferwise's revenue was reported to be £117.28 m in FY, 2018 which is a 76.8% increase from the previous period.

Revenue (FY, 2018)


Revenue growth (FY, 2017 - FY, 2018), %


Gross profit (FY, 2018)


Gross profit margin (FY, 2018), %


Net income (FY, 2018)


EBIT (FY, 2018)


Market valuation


Cash (31-Mar-2018)



GBPFY, 2015FY, 2016FY, 2017FY, 2018



Revenue growth, %


Cost of goods sold


Gross profit

GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018



Accounts Receivable


Prepaid Expenses


Current Assets

GBPFY, 2015FY, 2016FY, 2017FY, 2018

Net Income


Depreciation and Amortization


Accounts Payable


Cash From Operating Activities

GBPY, 2018


138.8 x


6.9 x




0.2 x


0.1 x

Financial Leverage

3.5 x
Show all financial metrics

Transferwise Operating Metrics

Transferwise's Customers was reported to be 4 m in Sep, 2018.
Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Mar, 2016Mar, 2017May, 2017Nov, 2017Mar, 2018Q4, 2018Sep, 2018


10 k1 m2 m3 m4 m

Monthly Transactions

400 k800 k1.40 m

Cumulative Amount Transferred

$10 m$50 m$645 m$2.90 b

Monthly Average Transfers

1.70 k16 k100 k325 k
Show all operating metrics

Transferwise Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
TransferWise Brasil Correspondente Cambial Ltda.
TransferWise Canada Inc
TransferWise Inc.
TransferWise India Private Limited
TransferWise Japan Kabushiki Gaisha
TransferWise Malaysia Sdn. BHd.
TransferWise Singapore PTE Ltd

Transferwise Revenue Breakdown

Embed Graph

Transferwise revenue breakdown by geographic segment: 51.0% from Europe, 20.0% from U.S. and 29.0% from Rest of World

Human Capital Metrics

Transferwise's employees are reported to be approximately 34% female and 66% male.
Embed Graph
Show all human capital metrics
Report incorrect company information

Transferwise Online and Social Media Presence

Embed Graph
Report incorrect company information

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.

Transferwise debuts Open API

7 years ago, we set out to make the world of finance more fair. Our mission has always been simple:...

Transferwise repackages its business banking with a debit card

Fintech unicorn Transferwise is today relaunching its business banking effort to include a debit card, integration with accounting platform Xero and an open access developer channel. The newly-revised business product will provide a Transferwise Business debit card for spending both online and in…

Transferwise joins first major European bank BPCE for fintech partnership

Out with the old and in with the new: digital money transfer service Transferwise has partnered with Banques Populaires’ and Caisses d’Espargne (BPCE), France’s second largest bank, to integrate its API directly into BPCE’s banking apps. Set to go live at the beginning of 2019, the partnership be…

The Old Lady of Threadneedle Street moves with the fintech times

The future of financial services regulation is a hot topic these days and it’s risen up the agenda thanks to a number of reasons. Most obviously, Brexit has necessitated a major debate about the direction of regulation, with competing voices calling for either robust mutual recognition (favoured …
Show more
Report incorrect company information

Transferwise Company Life and Culture

Report incorrect company information

Transferwise Frequently Asked Questions

  • When was Transferwise founded?

    Transferwise was founded in 2010.

  • Who are Transferwise key executives?

    Transferwise's key executives are Taavet Hinrikus and Kristo Kaarmann.

  • How many employees does Transferwise have?

    Transferwise has 1,200 employees.

  • What is Transferwise revenue?

    Latest Transferwise annual revenue is £117.3 m.

  • What is Transferwise revenue per employee?

    Latest Transferwise revenue per employee is £97.7 k.

  • Who are Transferwise competitors?

    Competitors of Transferwise include N26, Western Union and CurrencyFair.

  • Where is Transferwise headquarters?

    Transferwise headquarters is located at 6th Floor, The Tea Building 56 Shoreditch High St, London.

  • Where are Transferwise offices?

    Transferwise has offices in London, Dubai, Kuala Lumpur, Singapore and in 7 other locations.

  • How many offices does Transferwise have?

    Transferwise has 11 offices.