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.
| Type | Private | |
| Founded | 2011 | |
| HQ | London, GB | Map |
| Website | transferwise.com | |
| Employee Ratings | More |
Latest Updates
| Employees (est.) (Dec 2019) | 2,000 | (+43%) |
| Revenue (FY, 2019) | £179.1 M | (+53%) |
Key People/Management at TransferWise
Kristo Käärmann
Taavet Hinrikus
TransferWise Office Locations
TransferWise Financials and Metrics
Summary Metrics
Founding Date | 2011 |
TransferWise total Funding | $688.3 m |
TransferWise latest funding size | $292 m |
Time since last funding | a year ago |
TransferWise investors | Kima Ventures, Index Ventures, The Accelerator Group, BlackRock, SV Angel, Sapphire Ventures, Andreessen Horowitz, Mitsui & Co, Lone Pine Capital, Richard Branson, Max Levchin, IA Ventures, ACE & Company, Valar Ventures, Lead Edge Capital, Vitruvian Partners, SeedCamp, Baillie Gifford, Virgin Group, Errol Damelin, Mosaic Ventures, Firestartr, Localglobe, IVP (Institutional Venture Partners), Old Mutual Global Investors, World Innovation Lab |
TransferWise Revenue
| GBP | |
|---|---|
Revenue (FY, 2019) | 179.1m |
Revenue growth (FY, 2018 - FY, 2019), % | 52.7% |
Gross profit (FY, 2019) | 109.4m |
Gross profit margin (FY, 2019), % | 61.1% |
Net income (FY, 2019) | 10.3m |
EBIT (FY, 2019) | 12.0m |
Market valuation | 3.5b |
Cash (31-Mar-2019) | 856.1m |
- Source: Company Filings
| GBP | Y, 2019 |
|---|---|
Revenue/Employee | 137.8k |
Financial Leverage | 8.8 x |
TransferWise Operating Metrics
TransferWise Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| PT TransferWise International Indonesia | ||
| TINV Ltd. | ||
| TransferWise Australia Pty Ltd | ||
| TransferWise Borderless Limited | ||
| TransferWise Brasil Correspondente Cambial Ltda. | ||
| TransferWise Canada Inc | ||
| TransferWise Europe S.A. | ||
| TransferWise Inc. | ||
| TransferWise India Private Limited | ||
| TransferWise Japan Kabushiki Gaisha |
TransferWise Revenue Breakdown
TransferWise revenue breakdown by geographic segment: 10.5% from Rest of World, 12.5% from U.S., 27.0% from Europe, 10.5% from Rest of World, 12.5% from U.S. and 27.0% from Europe
Human Capital Metrics
TransferWise Online and Social Media Presence
77.99k Twitter followers
TransferWise has 77.99k Twitter Followers. The number of followers has increased 1.7% month over month and increased 5.2% quarter over quarter
TransferWise's Trends
Twitter Engagement Stats for @transferwise
44.6k
Tweets
3.6k
Following
78k
Followers
877
Tweets last 30 days
0.9
Avg. likes per Tweet
27.5%
Tweets with engagement
TransferWise News and Updates
Transferwise 'would not set up in London' if launching now
Taavet 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
The London money-transfer startup TransferWise is now worth nearly $1 billion, a huge milestone for any tech startup — especially in Europe.Santander takes on TransferWise with UK launch of PagoFX
TransferWise targets China through Alipay partnership
TransferWise partners with Alipay for international money transfers
TransferWise partners with Alipay to enable money transfers to China
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 2,000 employees.
What is TransferWise revenue?
Latest TransferWise annual revenue is £179.1 m.
What is TransferWise revenue per employee?
Latest TransferWise revenue per employee is £89.6 k.
Who are TransferWise competitors?
Competitors of TransferWise include Payoneer, Azimo and WorldRemit.
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.
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