The London-based financial technology startup will enable customers in the United States to transfer money via its platform using Apple Pay.
The latest TransferWise’s valuation totaled $5 billion, after the secondary share sale that saw investors buy equity from employees and early backers. However, the company has not yet been listed on an exchange.
Digital payment service provider TransferWise has increased its valuation to $5 billion and is now ranked among top European fintech companies.
Money transfer fintech startup TransferWise has obtained an operating license in the United Arab Emirates and is set to begin operations next year.
With a $223 million revenue for its last fiscal year which ended in March, TransferWise has grown by more than 50%. The company is still the most valued fintech startup in the U.K.
While TransferWise believes that blockchain has no significant advantage over existing systems, we decided to burst the myths startup communicates.
The London-based financial technology startup will enable customers in the United States to transfer money via its platform using Apple Pay.