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Most Innovative Companies

TransferWise

TransferWise is a cheap and reliable way to send money internationally. The company was founded in 2010 by two Estonians living in London and frustrated by the hefty fees associated with sending money home. Today, TransferWise moves billions of dollars each month at mid-market rate, the “real” exchange rate between any two currencies. The company is able to offer this rate by using a peer-to-peer model, which takes advantage of the network created by its 2 million customers. In recent months, TransferWise has started laying the groundwork for a multi-currency current account geared toward international freelancers. It also makes its core transfer service available via API in Facebook Messenger. The company raised $280 million in Series E funding in November 2017.

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2018: Finance
2014: Finance
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headquarters: London, U.K.
TransferWise On The Web
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