TransferWise’s platform bypasses the traditional international bank-payments system. This means lower fees for its 4m customers, who transfer £3bn a month. The London company’s partnerships include one with France’s secondbiggest bank, BPCE. In 2017, it was reportedly valued at about $1.6bn (£1.2bn) when it raised $280m (£220m) from investors to fuel expansion in the Asia Pacific region. Overseas sales hit £83.5m last year, under co-founders Taavet Hinrikus, 37, and Kristo Kaarmann, 38.

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Company details
Year2019
Rank12
CompanyTransferWise
ActivityCurrency transfer provider
LocationEast London
2-yr av intl sales growth pa141.64%
International sales £000s83,500
Total sales £000s117,283
Staff835
Founded2010
Websitewww.transferwise.com

If applicable:

* Supplied by company † Annualised figure