deal combination of a strong technical talent deep knowledge how large financial groups operate, and a history of successfully building companies - Taavet Hinrikus was the first employee at Skype and Kristo Kaarmann had a long career at PwC and Deloitte helping financial institutions modernize their infrastruc

an 1% and using the mid-market rate. TransferWise is up to 8x cheaper than traditional banks. Facts Founders: Headquarters: Notable Investors: Taavet Hinrikus. Kristo Kaarmann London. England Andreessen Horowitz. IA Ventures. Index Ventures. Richard Branson Returns Valar Cost Basis: $21.0M Current FM

. "To have hit break-even just six years on from launch shows how strong the foundations of our business are," says TransferWise co-founder and CEO Taavet Hinrikus in a statement. "This is just the starting point. With the unique platform we've built, we're looking forward to creating a new kind of financial s