UK company record
Wise
Cross-border money transfer & multi-currency account platform (consumer + business international payments)
VerifiedCore UK
Snapshot
- UK location
- London · London
- Sector
- Fintech & payments
- Latest recorded round
- Direct Listing (London Stock Exchange)
- Latest recorded amount
- N/A — no new capital raised (direct listing of existing shares only); market value >GBP 8B / $11B on debut
- Date
- 2021-07-07
Legal-identity layer
Verified identity.
- Selected legal name
- WISE LIMITED
- Company number
- 13211214
- Companies House status
- active
- Incorporated
- 2021-02-18
Investors
- IA VenturesLead
- Index VenturesLead
- Max Levchin (PayPal co-founder), David Yu (ex-Betfair CEO), Errol Damelin (Wonga co-founder), IJNR Ventures, NYPPEParticipant
- Valar Ventures (Peter Thiel)Lead
- SV Angel, IA Ventures, Index Ventures, TAG (Robin & Saul Klein), Seedcamp, David Yu, Kima Ventures (Xavier Niel)Participant
- Sir Richard BransonLead
- Valar VenturesLead
- IA Ventures, Index Ventures, TAG (Robin & Saul Klein), Kima VenturesParticipant
- Andreessen HorowitzLead
- Richard Branson, Valar Ventures, Index Ventures, IA Ventures, SeedcampParticipant
- Baillie GiffordLead
- Existing investors (not individually named in sources located)Participant
- Old Mutual Global InvestorsLead
- Institutional Venture Partners (IVP)Lead
- Sapphire Ventures, Mitsui & Co., World Innovation LabParticipant
- Andreessen Horowitz, Richard Branson, Baillie Gifford (participating)Participant
- Lead Edge Capital, Lone Pine Capital, Vitruvian Partners, BlackRockLead
- Andreessen Horowitz, Baillie Gifford (increasing existing stakes)Participant
- D1 Capital PartnersLead
- Lone Pine CapitalLead
- Vulcan Capital (new)Participant
- Baillie Gifford, Fidelity Investments, LocalGlobe (increasing existing stakes)Participant
- N/A (direct listing, not an underwritten IPO)Lead
- Sapphire VenturesParticipant
Current directors and active controllers
- FAHEY, JaneCurrent director
- KAARMANN, KristoCurrent director
- THOMASSIN, Emmanuel Francois Jean-Claude LaurentCurrent director
- Wise Group PlcActive controller
- BRIERS, Matthew Johndirector
- CHAMBERS, Elizabeth Gracedirector
- DUHON, Terri Lynndirector
- GILMARTIN, Clare Elizabethdirector
- HACKWOOD DIRECTORS LIMITEDcorporate-director
- HACKWOOD SECRETARIES LIMITEDcorporate-secretary
- HILL, Scott Anthonydirector
- HINRIKUS, Taavetdirector
- Hackwood Secretaries LimitedFormer controller
- Mr Kristo KaarmannFormer controller
- NASH, Deansecretary
- NASH, Deandirector
- NEWCOMBE, Paul Alandirector
- RAMPELL, Alastair Michaeldirector
- TAN, Hooi Lingdirector
- UYTDEHAAGE, Ingo Jeroendirector
- WELLS, David Bollingdirector
Funding rows
- Seed$1.3M · 2012-04-18
- Series A$6M · 2013-05-13
- Series B$25M · 2014-06-09
- Series C$58M · 2015-01-26
- Series D$26M (valuation $1.1B; described as 'top-up funding') · 2016-05-25
- Series E$280M (valuation $1.6B; included a secondary component) · 2017-11-02
- Growth / secondary sale (existing shares only — no new primary capital to the company)$292M (valuation $3.5B) · 2019-05-22
- Growth / secondary sale (existing shares only — no new primary capital to the company)$319M (valuation $5B) · 2020-07-28
- Direct Listing (London Stock Exchange)N/A — no new capital raised (direct listing of existing shares only); market value >GBP 8B / $11B on debut · 2021-07-07
Sources
- https://betakit.com/transferwise-raises-1-3m-for-cross-border-money-transfers/
- https://techcrunch.com/2013/05/13/tw/
- https://www.uktech.news/news/investment-news/transferwise-receives-6m-investment-from-peter-thiels-valar-ventures-20130514
- https://thenextweb.com/insider/2013/05/14/currency-exchange-transferwise-nabs-6m-in-first-european-investment-by-peter-thiels-valar-ventures
- https://techcrunch.com/2014/06/09/cheeky-transferwise/
- https://www.uktech.news/news/investment-news/transferwise-raises-25m-led-by-richard-branson-20140610
- https://www.finextra.com/newsarticle/26149/richard-branson-joins-25m-transferwise-funding-round
- https://techcrunch.com/2015/01/25/a16z-leads-58m-round-in-uks-transferwise-to-ramp-up-p2p-remittance-business/
- https://www.forbes.com/sites/freddiedawson/2015/01/31/transferwise-secures-58m-from-andreessen-horowitz-and-others/
- https://www.eu-startups.com/2015/01/andreessen-horowitz-backs-london-start-up-transferwise-with-58m/
- https://techcrunch.com/2016/05/25/money-transfer-company-transferwise-raises-further-26m-at-1-1b-valuation/
- https://www.bloomberg.com/news/articles/2016-05-25/transferwise-raises-another-26-million-for-international-growth
- https://techcrunch.com/2017/11/01/transferwise-280-million/
- https://www.ivp.com/news/press-release/transferwise-announces-280m-investment-round-as-company-focuses-on-new-products-and-apac-expansion/
- https://tech.eu/2017/11/02/transferwise-funding/
- https://www.forbes.com/sites/alexkonrad/2019/05/22/transferwise-valued-at-3-5-billion/
- https://www.cnbc.com/2019/05/22/transferwise-valued-at-3point5-billion-after-292-million-secondary-sale.html
- https://www.cnbc.com/2020/07/28/fintech-firm-transferwise-valued-at-5-billion-in-secondary-share-sale.html
- https://techcrunch.com/2020/07/28/transferwise-five-unicorns/
- https://www.cnbc.com/2021/07/07/wise-direct-listing-london.html
- https://www.bloomberg.com/news/articles/2021-07-07/payments-firm-wise-s-listing-bolsters-london-tech-hub-ambitions
- https://fortune.com/2021/07/07/fintech-wise-public-london-stock-exchange-direct-listing/
- https://techcrunch.com/2013/05/13/tw/
- https://www.uktech.news/news/investment-news/transferwise-receives-6m-investment-from-peter-thiels-valar-ventures-20130514
- https://thenextweb.com/insider/2013/05/14/currency-exchange-transferwise-nabs-6m-in-first-european-investment-by-peter-thiels-valar-ventures
- https://techcrunch.com/2014/06/09/cheeky-transferwise/
- https://www.uktech.news/news/investment-news/transferwise-raises-25m-led-by-richard-branson-20140610
- https://www.finextra.com/newsarticle/26149/richard-branson-joins-25m-transferwise-funding-round
- https://techcrunch.com/2015/01/25/a16z-leads-58m-round-in-uks-transferwise-to-ramp-up-p2p-remittance-business/
- https://www.forbes.com/sites/freddiedawson/2015/01/31/transferwise-secures-58m-from-andreessen-horowitz-and-others/
- https://www.eu-startups.com/2015/01/andreessen-horowitz-backs-london-start-up-transferwise-with-58m/
- https://techcrunch.com/2016/05/25/money-transfer-company-transferwise-raises-further-26m-at-1-1b-valuation/
- https://www.bloomberg.com/news/articles/2016-05-25/transferwise-raises-another-26-million-for-international-growth
- https://techcrunch.com/2017/11/01/transferwise-280-million/
- https://www.ivp.com/news/press-release/transferwise-announces-280m-investment-round-as-company-focuses-on-new-products-and-apac-expansion/
- https://tech.eu/2017/11/02/transferwise-funding/
- https://www.forbes.com/sites/alexkonrad/2019/05/22/transferwise-valued-at-3-5-billion/
- https://www.cnbc.com/2019/05/22/transferwise-valued-at-3point5-billion-after-292-million-secondary-sale.html
- https://www.cnbc.com/2020/07/28/fintech-firm-transferwise-valued-at-5-billion-in-secondary-share-sale.html
- https://techcrunch.com/2020/07/28/transferwise-five-unicorns/
- https://www.cnbc.com/2021/07/07/wise-direct-listing-london.html
- https://www.bloomberg.com/news/articles/2021-07-07/payments-firm-wise-s-listing-bolsters-london-tech-hub-ambitions
- https://fortune.com/2021/07/07/fintech-wise-public-london-stock-exchange-direct-listing/