TransferWise Overview
- Founded
- 2010
- Status
- Private
- Employees
- 2,200
- Latest Deal Type
- 2ndary - Private
- Latest Deal Amount
- $319M
- 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
Website
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
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 |
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% |
TransferWise Comparisons
Description
Primary
Industry
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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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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Request a free trialTransferWise 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 |
TransferWise Executive Team (17)
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 |
TransferWise Signals
Growth Rate
0.80%
Weekly
Growth
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
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialTransferWise 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 |
TransferWise Acquisitions (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000000 | 000000000000000000 | Financial Software |