Tag: TransferWise

TransferWise keeps growing money transfers despite global turbulence

You don’t have to follow the financial technology industry or work with developers in faraway lands to know TransferWise, arguably the world’s leading peer-to-peer money-transferring startup. Thanks to its presence in over 70 countries, low-cost rates for moving money internationally and, of course, its famous “nothing to hide” PR campaign

Cross-border fintech startup Instarem raises $20M for global expansion

Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the VC arm of Indonesian telecom operator Telkom — and Beacon — the fund belonging to Thai bank

Fintech friends: Monzo partners with TransferWise for international payments

“So what’s going on here then?” I ask. “Two good friends just got even better [friends],” replies TransferWise co-founder Kristo Käärmann laughing, while Monzo co-founder Tom Blomfield, who is also on the video call, smiles approvingly. “Sorry for spoiling your news,” I tell the pair, who I’m interviewing ahead of

TransferWise partners with France’s second largest bank BPCE Groupe

TransferWise might be best known for its international money transfer app, but the European fintech unicorn has always had ambitions of being a broader platform play entirely agnostic of how you access the service. This includes providing banks with access to the TransferWise API to power their own international money

Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes it valuation to the $1 billion mark. Daimler, the German automotive giant which owns Mercedes-Benz among other things,