FinTech Magazine December 2020 | Page 68

TOP 10

2010 YEAR FOUNDED

CEO KRISTO KÄÄRMANN

UK HQ

68

10

TransferWise

Value ( USD ) : $ 5bn

Capitalising on the market ’ s accelerated interest in digital payments since the beginning of the pandemic , TransferWise announced in July 2020 that it had increased 43 % in value year-on-year . Founded by professionals who knew first-hand the complicated financial logistics of living in one country and being paid in the currency of another , they decided to create a workaround solution to save time and money . Now , over 10 years later , TransferWise has become one of the most valuable fintechs in the world and continues to make moving money fast , easy and low-cost . DECEMBER 2020