TransferWise

TransferWise

wise.com ↗·United Kingdom·Updated Jan 30, 2019

International money transfer platform that uses the mid-market exchange rate to let consumers and businesses send, receive, and spend money across borders cheaply and quickly.

FintechMobile AppAPI

Est. Valuation

$500M

$499,999,980 · 5× ARR estimate

Monthly Revenue (MRR)

$8.3M

$8,333,333/mo

Annual Revenue (ARR)

$100M

$99,999,996/yr

Employees

1,200

Founded

2011

TransferWise Revenue History

Revenue history for TransferWise from 2019 to 2026.

YearMRRARRYoY GrowthSource
2019$8,333,333$100,000,000—Jan 2019

How TransferWise Makes Money

transactions

TransferWise Funding

TransferWise is fully bootstrapped with no outside funding. The company has grown to $99,999,996 ARR organically.

TransferWise Founders

Taavet Hinrikus

Co-founder & Chairman

Kristo Käärmann

Co-founder

TransferWise FAQ

How much does TransferWise make?
TransferWise generates $8,333,333 in monthly recurring revenue (MRR), which is $99,999,996 annualized (ARR). This revenue figure is self-reported by the founder.
What is TransferWise's valuation?
TransferWise's estimated valuation is $499,999,980, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded TransferWise?
TransferWise was founded in 2011 by Taavet Hinrikus (Co-founder & Chairman), Kristo Käärmann (Co-founder). The company is based in GB.
Is TransferWise bootstrapped?
Yes, TransferWise is fully bootstrapped with no outside funding. The company has grown to $99,999,996 ARR organically.
What does TransferWise do?
International money transfer platform that uses the mid-market exchange rate to let consumers and businesses send, receive, and spend money across borders cheaply and quickly. TransferWise operates in the Fintech, Mobile App, API space.

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How We Estimate TransferWise's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.