Tech Company Financing Transactions

TransferWise Funding Round

IVP, Old Mutual Global Investors and Andreessen Horowitz participated in a $280 million funding round for TransferWise. The round was announced by the company on 11/3/2017.

Transaction Overview

Company Name
TransferWise
Announced On
11/3/2017
Transaction Type
Venture Equity
Amount
$280,000,000
Round
Undisclosed
Investors

IVP (Lead Investor) (Jules Maltz)

Old Mutual Global Investors (Lead Investor)

Andreessen Horowitz (Benjamin Horowitz)

Baillie Gifford

private investors (Richard Branson)

Sapphire Ventures

Proceeds Purpose
The company, which has been profitable since early 2017, is currently developing its Borderless account and focusing on global expansion in the Asian-Pacific and Latin American regions, including launching its service in India and Argentina.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
186-188 City Rd.
London , EC1V 2NT
UK
Phone
+44 (0) 203 6950 999
Website
www.transferwise.com
Email Address
Not Recorded
Overview
TransferWise is a small, hungry team of ten people that has developed technology to allow people to exhange money in different currencies outside of traditional banks.
Profile
TransferWise LinkedIn Company Profile
Social Media
TransferWise Company Twitter Account
Company News
TransferWise News
Facebook
TransferWise on Facebook
YouTube
TransferWise on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Taavet Hinrikus
  Taavet Hinrikus LinkedIn Profile  Taavet Hinrikus Twitter Account  Taavet Hinrikus News  Taavet Hinrikus on Facebook
Co-Founder
Kristo Käärmann
  Kristo Käärmann LinkedIn Profile  Kristo Käärmann Twitter Account  Kristo Käärmann News  Kristo Käärmann on Facebook

 

 

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