Kristo Käärmann is the co-founder and CEO of TransferWise.
TransferWise is a financial company for people and businesses that travel, live and work internationally. It’s the fairest, easiest way to manage your money across borders. With a simple money transfer platform and borderless accounts, it makes managing your money quick, easy and painless.
TransferWise’s 8 million customers send over £4bn every month using the service, saving themselves £1bn a year compared to using a bank. It is one of the world’s fastest growing tech firms, having raised $689m in primary and secondary funding from investors such as Lead Edge, Lone Pine, Vitruvian, IVP, Merian Global Investors, Andreessen Horowitz, Sir Richard Branson, Valar Ventures and Max Levchin of PayPal.
Prior to starting TransferWise, Kristo was a management consultant with Deloitte Consulting and PricewaterhouseCoopers. He worked with European banks and insurers to modernise their processes and systems. Stunned by their inefficiency, he teamed up with Taavet Hinrikus, then Skype’s director of strategy, to develop an entirely new system for moving money across borders. Kristo was selected as one of the World Economic Forum’s Technology Pioneers 2015.
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