Quick facts
  • What we do:
    Financial company
  • Year established:
    2010
  • Website:
    https://transferwise.com/
  • Contact
    • The Tea Building, 56 Shoreditch High St, London, E1 6JJ

About TransferWise

The story began in 2010, with two friends, Kristo Käärmann and Taavet Hinrikus, both from Estonia living in London. One was a Skype employee who got paid in Euros. The other got paid in Pounds, but had a mortgage in Estonia that had to be paid in Euros.

They were spending money they didn’t need to on their financial transfers, so they devised a beautifully simple workaround. One that became a billion-dollar business.

Each month, they checked Reuters for a good mid-market rate. Kristo put Pounds into Taavet’s UK bank account, and Taavet topped up his friend’s account with Euros. Both got the currency they needed, and neither paid hidden bank charges.

Today, using similar principles, TransferWise makes sending money abroad faster, more convenient and up to eight times cheaper than the high street banks.


What is it like to work for TransferWise

Personal Growth
Personal Growth
A coding bootcamp aims to improve the technical skills and confidence among female employees. The two-hour weekly sessions were led by a female engineer and aimed at beginners. By the end of the course, attendees could build their own webpages.
Wellbeing
Wellbeing
Wellbeing Week includes workshops on nutrition, minimalism, resilience and coping with stress. They also offer manicures, pedicures, massages, sauna, acess to a gym, and yoga - all free. After four years, staff can take six weeks’ paid leave plus £1,000 spending money.
My Company
My Company
WiserPulse is an internally developed people engagement tool, used by all teams to strengthen how they work together and assess how they are feeling. It was created because they wanted to ensure that their values and what makes them unique are upheld every day.

Learn more about the 8 factors of workplace engagement here

Benefits:

  • Gym
    Gym

    Companies offering either free gym/ sports facilities or offering subsidised gym membership for all employees

  • Health Insurance
    Health Insurance

    Companies offering private health insurance for all employees

  • Maternity
    Maternity

    At least 10 weeks’ full pay or generous alternative

  • Family Friendly
    Family Friendly

    School hours contracts offered to all staff

Company Statistics

  • UK sites:

    1

  • Staff:

    214

  • Staff Turnover:

    25%

  • Average Age:

    31

  • Male : Female:

    72% / 28%

  • Earning £35,000+:

    87%

Regional Engagement

In the press

Accreditation

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Start your engagement journey today and find out what you need to do to earn a Best Companies accreditation or a place on the Best Companies lists.