London Fintech and Transferwise

Living here in Estonia, I get a kick out of watching Transferwise grow. They have raised a ton of cash so far . nr 3 on the list. BI reports

3. TransferWise — the international money transfer company raised £37.4 million in January.

3. TransferWise — the international money transfer company raised £37.4 million in January.

TransferWise

TransferWise founders Taavet Hinrikus, left, and Kristo Kaarmann.

Investment: £37.4 million ($58 million), January.

Who invested: Andreessen Horowitz, Valar Ventures, Index Ventures, Seedcamp.

Company value: £640 million ($1 billion).

What it does: An international money transfer platform that uses elements of peer-to-peer to match you with users sending money in the opposite direction. The platform is transferring £500 million ($775 million) a month and has transferred £3 billion ($4.6 billion) to date.

 

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