We're convinced that that there is a need for innovation in financial services and that current banks will not be the ones providing this. Instead this innovation will come from companies like TransferWise and many others who are revolutionizing consumer and business financial services. We've been up and going since 2011 and are still just getting started - the opportunity ahead of us is bigger every month.
Great institutional investors IA Ventures and Index Ventures who previously backed Skype, Betfair, Playfish, Lovefilm and many other successful companies have recently backed us. Supporting them is a team of angel investors who have helped to build, or are still building, some of the companies mentioned before and others like PayPal, Wonga and Simple.com.