About

Were making a positive, irreversible change in the world of finance. Together.People on every continent around the world are choosing TransferWise to help them live, travel and work internationally. Were the fairest, easiest way to send money overseas.Built by and for people who live global lives, we make sending money abroad up to 8 times cheaper than the bank. This is money without borders - instant, convenient, transparent and eventually free.For our customers, using TransferWise is as simple as sending money from A to B, but behind our app and website is a complex engine of currencies and routes, thats being designed, built and powered by our talented teams in cities around the world. Were just at the beginning of our story and were growing at an incredible pace. We wont stop until anyone, anywhere can send, spend and receive money wherever they are, whatever theyre doing. Theres still heaps to do and we cant do it alone.

Focus

PRODUCTS & SERVICES

The company provides an online money transfer money mobile application which allows users to transfer money to abroad, convert money into other 28 different currencies, pay bills in another country, pay off for mortgage or loan abroad, etc. It has also built a borderless account which helps them to hold over 40 different currencies and send as well as spend money overseas with the contactless TransferWise debit Mastercard.

REVENUE MODEL

TransferWise generates revenue from the transaction fees. It charges 0.5–0.7% of the transaction amount.

MAIN CLIENTS

Retail consumers and businesses.

EXISTING PARTNERSHIPS

Currency Cloud

TrucosLondres

and CompareRemit.