TransferWise: Money transfer fintech hits $5 billion valuation after secondary trade - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Money transfer unicorn TransferWise is now worth $5 billion after some employees and early investors cashed out

and start reading now.

"We're very happy to not have to raise every two to three years to keep the business alive," Matt Briers, TransferWise CFO told Business Insider in an interview. "It's a nice position to be in — we're not living hand-to-mouth, we're profitable, not solving for a short term valuation, and the most important thing for us and investors is a sustainable, durable business.

New investors D1 Capital Partners and existing shareholder Lone Pine Capital bought into the firm while existing shareholders Baillie Gifford, Fidelity Investments and LocalGlobe expanded their holdings in the fintech. Vulcan Capital also bought in. Investors view the company as ripe for a float, and it now has the freedom to choose when it goes public.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Fabulous platform. Well done TransferWise, but please don't put your fees up Otherwise we'll be thinking it would be just for profits and not just Costwise...

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Language exchange app Tandem raises $5 million in funding - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

35 founders cashing in WFH — some doubled their startups' valuations - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The links aren't working
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Pitch deck: Fintech ComplyAdvantage raises $50 million from SpaceX backer, VCs - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Thank you CallumBurroughs ! cc ComplyAdvantage delingpole Quotes from ken.l.made86 SBretell 'Finally someone who can see the bigger picture....' 'You really need to read this - every detail rings true!!! Come on folk wake up now!!!!' The Great Global Reset Psychological Warfare Operation (PSYOP): biz
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Senate GOP coronavirus bill provides billion for a new FBI building - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Because it’s by trump motel $1.75 billion for what? The building is 51 years old & needs replacing. Provide construction jobs.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »