In the Hall of Fame ... for Services to the Revolution
TransferWise is a money transfer service allowing private individuals & businesses to send money abroad without hidden charges. One of the original FinTech revolutionaries, TransferWise continues to innovate, opening up services to China and forging a partnership with Germany’s Number26. The company now serves 4 million customers worldwide who are using the service to transfer £3bn billion every month, saving themselves £1bn a year / £3m a day compared to making the same transaction with their bank. There are now over 1,200 people in the team in nine global offices .
TransferWise reported a second year of profitability, with annual revenue growing by over 75% in the last financial year to £117 million.