With a valuation of $3.5B, TransferWise is now Europe’s most valuable fintech startup. We analyze TransferWise's funding, business model, customer acquisition strategy, market size, and competitors.
TransferWise is a peer-to-peer money transfer service that helps consumers transfer money across borders. By cutting into incumbent margins (like Western Union and MoneyGram) and offering lower fees, TransferWise has built a customer base 4M strong, and is processing $4B in transactions every month.
We analyze TransferWise’s:
- Funding history
- Business model and traction
- Customer acquisition strategy
- Market size