TransferWise
Wise (previously TransferWise) was launched in January 2011 by Estonian entrepreneurs Kristo Käärmann and Taavet Hinrikus and is headquartered in London, United Kingdom. Company co-founder Taavet Hinrikus announced his impending resignation as chair in a prospectus released on July 2, 2021. David Wells was named as his successor, which was also announced.
Directly launching on the London Stock Exchange on July 7, 2021, Wise was valued at $11 billion at the time. The Financial Conduct Authority announced on June 27, 2022, that Wise CEO Kristo Käärmann had been penalized for willful failure to comply with tax obligations. From September 2021 onward, he would spend another year on the list. He allegedly owes the government £720,000 in unpaid taxes for the fiscal year 2017–2018.
Founded: January 2011
Headquarters: London, United Kingdom
Website: wise.com