This currency transfer provider’s platform allows it to bypass the traditional international bank payments system and charge lower fees for customers across the £3bn it moves every month between 1,300 routes. Founded in 2010 by Taavet Hinrikus, 37, and Kristo Kaarmann, 38, its partnerships include France’s second-biggest bank, BPCE, which has 15m customers, and the UK mobile bank Monzo, with 750,000 users.

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Company details
Year2018
CompanyTransferWise
ActivityCurrency transfer provider
LocationEast London
Sales £m*117.3
Operating profit £m*9.5
Staff1,200
Founded2010
Websitewww.transferwise.com

If applicable:

* supplied by company † annualised figure