TransferWise, Revolut and Monzo are all fintech companies that are hiring staff remotely at a time when many are cutting...
Last year we saw continued interest in a broad array of fintech companies. Recently the fintech space has become more...
TransferWise was founded in 2010 and supports 1,600 different currency routes which leads to savings up to £3 million every...
TransferWise is privately launching a borderless account and debit card; the move is beginning to draw comparisons to other fintech companies like Revolut; the account will be rolled out in a small launch then a full launch thereafter; the account will give you access to local bank details for the UK, US, Australia and Europe, as well as allowing you to hold and convert 28 currencies; the move is not seen as replacing the current account but is instead a partner account; the account would allow people working in different countries to convert to their local currency without the hassle of additional fees or having to join a local bank. Source.
Investors in TransferWise, the money transfer service include Richard Branson, Peter Thiel and Max Levchin; according to sources the company...
Santander has launched a new money transfer business to take on the likes of TransferWise; PagoFX was created after Santander...
Facebook has partnered with TransferWise for international money transfers as the firm continues to increase its financial services activity on the platform; TransferWise has internally developed a Facebook Messenger chatbot that will facilitate the international money transfer service; the service will expand on Facebook's current domestic money transfer capabilities. Source
TransferWise is the first fintech to join the Bank of England’s Real Time Gross Settlement (RTGS) system; described as game changing for the company the deal will allow them to lower costs, be on equal footing as banks and offer instant transfers to GBP. Source.
TransferWise first launched borderless debit cards in the UK and Europe in April of last year; to date there have...
International money transfer firm TransferWise announced a $280mn series E raise; investors in the round include Old Mutual Global Investors, IVP, Sapphire Ventures, Mitsui & Co., Andreessen Horowitz, Baillie Gifford and Richard Branson; they plan to use the funds for expansion to the Asia Pacific region by having a full set of products available in India and opening offices in Tokyo and Sydney. Source.