TransferWise Overview

  • Founded
  • 2010
Founded
  • Status
  • Private
  • Employees
  • 2,200
Employees
  • Latest Deal Type
  • 2ndary - Private
  • Latest Deal Amount
  • $319M
Latest Deal Amount
  • Investors
  • 57

TransferWise General Information

Description

Developer of money transfer application designed to send money abroad. The company's application removes all the hidden expensive charges levied on the transfer of money to offer real-time exchange rates and allows to track transferred money through a smartphone, enabling people to send money abroad at lower costs.

Contact Information

Formerly Known As
Exchange Solutions
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Primary Office
  • The Tea Building, 6th Floor
  • 56 Shoreditch High Street
  • London E1 6JJ
  • England, United Kingdom

TransferWise Timeline

2017201820192020
Financing RoundCaptured Employee CountEstimated Employee Growth
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TransferWise Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Secondary Transaction - Private 28-Jul-2020 $319M 00000 000 Completed Profitable
10. Secondary Transaction - Private 21-May-2019 00000 00000 00.00 Completed Profitable
9. Later Stage VC (Series E) 01-Nov-2017 00000 00000 00.000 Completed Profitable
8. Secondary Transaction - Private 25-Oct-2017 00000 Completed Generating Revenue/Not Profitable
7. Later Stage VC (Series D) 25-May-2016 000.00 00000 00.00 Completed Generating Revenue/Not Profitable
6. Later Stage VC (Series C) 26-Jan-2015 0000 00000 Completed Generating Revenue/Not Profitable
5. Accelerator/Incubator 08-Jan-2015 000.00 Completed Generating Revenue/Not Profitable
4. Early Stage VC (Series B) 09-Jun-2014 0000 000.00 00000 Completed Generating Revenue/Not Profitable
3. Early Stage VC (Series A) 14-May-2013 $5.94M $7.35M 000.00 Completed Generating Revenue
2. Seed Round 17-Apr-2012 $1.35M $1.42M 00.000 Completed Generating Revenue
To view TransferWise’s complete valuation and funding history, request access »

TransferWise Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C preferred 0,000,000 00.000000 000.00 000.00 00 000.00 0.000
Series B preferred 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A preferred 0,000,000 00.000000 00.00 00.00 00 00.00 00.00
Seed Preferred 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Ordinary 320,000 $0.000017 $0.09 $0.09 1x $0.09 1.01%
Ordinary 4,065,000 $0.000017 $0.01 $0.01 1x $0.01 12.88%
To view TransferWise’s complete cap table history, request access »

TransferWise Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of money transfer application designed to send money abroad. The company's application removes all the hidden
Financial Software
London, United Kingdom
2,200 As of 2020
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00 0000-00-00
00000000000 00000

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000000000 00000000
London, United Kingdom
000 As of 0000
000.00
000000000 000.00

00000

uis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur
000000000 00000000
London, United Kingdom
000 As of 0000
000.00
000000000 000.00
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TransferWise Competitors (21)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
TransferGo Venture Capital-Backed London, United Kingdom 000 000.00 000000000 000.00
00000 Venture Capital-Backed London, United Kingdom 000 000.00 000000000 000.00
0000000000 Venture Capital-Backed London, United Kingdom 0000 00000 00000000000 00000
0000000 Venture Capital-Backed London, United Kingdom 0000 00000 00000000000 00000
0000000 Venture Capital-Backed Seattle, WA 0000 00000 00000000000 00000
You’re viewing 5 of 21 competitors. Get the full list »

TransferWise Executive Team (17)

Name Title Board Seat Contact Info
Taavet Hinrikus Co-Founder, Co-Chief Executive Officer & Chairman
Kristo Käärmann Co-Founder, Co-Chief Executive Officer & Board Member
Harsh Sinha Chief Technology Officer
Nilan Peiris Vice President, Growth
Joe Cross Global Head of Marketing & Communication
You’re viewing 5 of 17 executive team members. Get the full list »

TransferWise Board Members (8)

Name Representing Role Since
Alastair Rampell Andreessen Horowitz Board Member 000 0000
David Wells Self Board Member 000 0000
Ingo Jeroen Uytdehaage Self Board Member 000 0000
Kristo Käärmann TransferWise Co-Founder, Co-Chief Executive Officer & Board Member 000 0000
Robin Klein Index Ventures Board Observer 000 0000
You’re viewing 5 of 8 board members. Get the full list »

TransferWise Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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TransferWise Investors (57)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
D1 Capital Partners Hedge Fund Minority 000 0000 000000 0
Fidelity Investments Mutual Fund Minority 000 0000 000000 0
SciFi VC Venture Capital Minority 000 0000 000000 0
Vulcan Capital PE/Buyout Minority 000 0000 000000 0
BlackRock Asset Manager Minority 000 0000 000000 0
You’re viewing 5 of 57 investors. Get the full list »

TransferWise Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000 000000000000000000 Financial Software
To view TransferWise’s complete acquisitions history, request access »