Payment - Presentation by Taavet Hinrikus, Co-Founder of TransferWise at the NOAH 2014 Conference in London, Old Billingsgate on the 13th of November 2014.
3. TransferWise is building a
global money transfer platform
that lets everyone send money
quickly, conveniently and for a
very low cost.
BUILT BECAUSE OF PERSONAL FRUSTRATION
5. OPPORTUNITY FOR CHANGE
4
GIVE A LARGE
NUMBER OF PEOPLE
FREEDOM FROM
THEIR BANK AND
ACCESS TO A
GREAT FINANCIAL
SERVICE
Money transfer is
ginormous – 200M people
and trillions of dollars
annually.
Money transfer is non-
transparent
and expensive to the
consumer.
6. TRANSFERWISE’S GROWTH FORMULA
5
SUPERIOR
PRODUCT
WORD-OF-
MOUTH
HAPPY
CUSTOMERS
• Very evangelical
• 10,000+ Trustpilot reviews
• Rated 9.7 of 10
• Viral loops
• Receivers become
senders
• Invite program
RESULTS IN HIGH GROWTH
• Fast transfers
• Low cost
• Transparency
• Ease of use
• Growing volumes and new users registrations 15-20% month for past two years
• Transferrred more than 1 billion GBP of customer money
• Team of 200 people by end of 2014
7. OPPORTUNITY TO BUILD A VERY LARGE BIZ
6
OUR GOAL:
TO BUILD A
GLOBAL
SUSTAINABLE
COMPANY
Launched in 2011, but just
getting started.
Venture backed, have
raised $33M from Peter
Thiel, IA Ventures, Index
Ventures, Richard Branson
and others.