TransferWise

Don’t write off the big banks as they take on startups at their own game

The ‘lumbering giants’ have improved their core services to fend off their smaller rivals

4 min read

Wise revenue jumps but shares dip on day

The fintech’s revenue climbed 23% to £276.6m in the third quarter, but investors still aren't driving the stock up

1 min read

Financial watchdog is to wade in after being passed results of a board investigation

FCA probes Wise boss Kristo Kärmann after tax default

Kristo Kärmann now faces a review from the UK markets regulator following an earlier penalty from HMRC

1 min read

The prolific angel investor will give way to Netflix's former CFO

Wise co-founder Taavet Hinrikus steps down as chair

Hinrikus had planned to leave the fintech within a year of floating its shares

2 min read

Taavet Hinrikus, a co-founder of the London-listed money transfer business formerly known as TransferWise, completed a sale of around 10 million Class A shares at a value of 815p per share

Wise co-founder cashes in £81.5m stake to fund new tech bets

Taavet Hinrikus will also put up £326m in Wise shares as security against a loan for his investment firm

2 min read

New tool pits Wise against rival Revolut in the investment game

Wise enters wealth management with BlackRock tie-up

Stock investing from multi-currency accounts is becoming a crowded market in fintech as transfers firm enters space

2 min read

Early Wise alumni Martin Sokk (L) and Mikhel Aamer (R) founded Lightyear in October 2020

Ex-Wise employees raise $10m to build Europe’s answer to Robinhood

Investors include early Monzo backer Eileen Burbidge and Wise co-founder Taavet Hinrikus

2 min read

Since its listing last week, Wise’s share price is up more than 10%

Behind the deal: How Wise’s listing took UK markets by storm

Linklaters partner reveals all on the nine-month process to taking Wise public

8 min read

Wise is going public via a direct listing in London on 7 July

Wise goes public in £8bn London direct listing

Float is the first of its kind to pioneer the direct listing approach in London

Wise founders, chief executive Kristo Käärmann and executive chairman Taavet Hinrikus join a flash mob of employees in their underwear at an event in London as part of their #nothing2hide marketing campaign

Wise sprinkles fintech marketing magic ahead of City debut

Wise is using tried and tested fintech marketing tactics to attract new shareholders

Chief executive of Wise, Kristo Karmann, will have a cap for his class B shares, at one vote less than 50% of those eligible for shareholder decisions, reduced to 35% if he isn't CEO

Wise to go public via direct listing

The UK fintech also published its results, posting a profit of £30.9m

We need to do more to attract IPOs to London

We can't afford to be complacent, says William Russell, Lord Mayor of the City of London, and Charlotte Crosswell, chief executive of Innovate Finance

Kristo Käärmann, CEO of Wise

TransferWise rebrands as ‘Wise’ in banking shift to challenge Revolut

The billion-dollar startup is putting all its eggs in Europe's digital banking basket

2 min read

Inside Monzo’s journey on mental health: The long road ahead for fintech

Monzo founder Tom Blomfield’s candid remarks have sparked a broader discussion

5 min read

Goldman Sachs, Morgan Stanley picked for TransferWise’s London IPO

TransferWise is likely to surpass its 2020 valuation of $5bn by the time it floats in London

1 min read

GoCardless co-founder and chief executive Hiroki Takuechi

Google-backed City fintech GoCardless nears unicorn valuation in $95m round

The startup is edging closer to joining the coveted club of London’s fintech unicorns alongside TransferWise, Revolut and Monzo

2 min read