Tag: Taavet Hinrikus

Kristo Kaarmann Wise co-founder and CEOF
Categories
March 31, 2021

FinTech Boom – $5B Wise IPO may be done in Facebook style

According to Sky News, the UK FinTech pioneer Wise (previously known as TransferWise) is in the final stage of its IPO preparation. The plans include introducing a dual-class share structure to keep control of the company in the hands of its founders Taavet Hinrikus and Kristo Kaarmann, and early investors. Sky News has learned that Wise and its bankers plot the creation of a new dual-class share structure as part of proposals to go public on the London Stock Exchange.
Read More
FinTech Unicorn TransferWise appoints IPO coordinatorsT
Categories
January 25, 2021

TransferWise appoints Goldman Sachs and Morgan Stanley for blockbuster IPO in London

TransferWise prepared for a blockbuster IPO and appointed the two Wall Street giants Goldman Sachs and Morgan Stanley as joint coordinators, Sky News reported last week. The surprising thing here is the decision in favor of a listing in London and against New York. This is certainly an important milestone for London to remain Europe's most important financial center after Brexit. The valuation for the IPO is expected to exceed $5 billion. And hey, they are profitable!
Read More
TransferWise prepares for IPO in 2021C
Categories
December 25, 2020

Crypto-rejecting FinTech unicorn TransferWise plans blockbuster IPO for 2021

A battle is currently raging between the old central bank-controlled FIAT monetary system with the dollar as the reserve currency and the new decentralized cryptosystem. Quantitative easing policies in the wake of various crises in recent years cast doubt on the FIAT system's sustainability. 2020 was also the year institutional investors got into Bitcoin. In 2021, FinTech unicorn TransferWise is planning a billion-dollar IPO - a FinTech that rejects the cryptosystem.
Read More
L
Categories
May 26, 2019

London payment startup TransferWise secured $292m investment at a $3.5b valuation

The London-based fintech startup TransferWise, focused on international money transfer service, disclosed last week a new $292 million secondary round at a valuation at $3.5..
Read More