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TransferWise

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Financial bias: 5
Team bias: 3.2

TransferWise

SUMMARY
Financial Services

#hipster100 #fx #payments #fintech


Currency exchange services
TICKER
transferwise
ENTITY
TRANSFERWISE LTD
active
#07209813

Born: Mar10

API



Business regulatory status: FCA 900507 04Jan16 EMD E-Money

valuation



market price valuation
GBP 3,100m
(as at 07Mar16)

media driven valuation
GBP 3,100m


market price valuation
GBP 1,200m
(as at 01Nov17)

media driven valuation
GBP 1,200m

valuations methodology

algo says

Regulated
Quality investors

Operate in very competitive sector


featured



finances

as at ebit rev na(nl) equity debt cash
31Mar18 9,502 117,283 107,447 125,539 20,226 301,249
Source: UK Companies House - Audited Accounts PwC GBP 'OOOs
31Mar17 -56 67,010 49,202 70,645 11,001 60,295
Source: UK Companies House - Audited Accounts PwC GBP 'OOOs
31Mar16 -17,373 ? 35,083 66,042 ? 47,793
Source: UK Companies House - Audited Accounts PwC GBP 'OOOs
31Mar15 -11,414 ? 37,366 51,354 11,643 45,520
Source: UK Companies House - Unaudited Accounts GBP 'OOOs
31Mar14 -1,616 ? 2,087 4,669 3,952 5,258
Source: UK Companies House - Unaudited Accounts GBP 'OOOs
31Mar13 -345 ? 2,725 3,294 ? 3,468
Source: UK Companies House - Unaudited Accounts GBP 'OOOs
31Mar12 -212 ? 663 887 ? 738
Source: UK Companies House - Unaudited Accounts GBP 'OOOs
31Mar11 ? ? 3 15 ? 48
Source: UK Companies House - Unaudited Accounts GBP 'OOOs

controllers

RAMPELL, Alastair
Significant influence or control (notified: 11Jan18 ceased: )

HOROWITZ, Benjamin
Significant influence or control (notified: 06Apr16 ceased: 11Jan18)

EHRENBERG, Roger
Significant influence or control (notified: 06Apr16 ceased: )

HINRIKUS, Taavet
Significant influence or control (notified: 06Apr16 ceased: )

KAARMANN, Kristo
Significant influence or control (notified: 06Apr16 ceased: )

shareholders

Seedcamp Andreeseen Horowitz Index Ventures


ORDINARY


KRISTO KMRMANN 23.3978%

NOTORIUS OU 21.1702%

SEEDCAMP INVESTMENTS II LP 1.014%

ERVIN STRNISNIK 0.0951%

RAIN JOHANSON 0.0864%

GEORGE PALLIS 0.0247%


SEED PREFERRED


IA VENTURES STRATEGIES FUND II LP 8.47%

LGV LP 1.6699%

INDEX VENTURES V (JERSEY) LP 1.5527%

MAX LEVCHIN 0.8936%

KIMA VENTURES 0.5957%

RHYTHM VENTURES LTD 0.5957%

MECK INVESTMENT LTD 0.4785%

SEEDCAMP INVESTMENTS II LP 0.3771%

AMERICA GRAU VICENTE 0.2979%

DENISE APTEKAR 0.2979%

PHILANA YU 0.2377%

IA VENTURES STRATEGIES II SIDE FUND LP 0.1838%

OU SEIKATSU 0.1204%

YUCCA (JERSEY) SLP (AS ADMINISTRATOR OF INDEX V SEED CO-INVESTMENT SCHEME) 0.0824%

YUCCA (JERSEY) SLP (AS ADMINISTRATOR OF INDEX CO-INVESTMENT SCHEME) 0.0222%

INDEX VENTURES V PARALLEL ENTERPRENEUR FUND (JERSEY) LP 0.0127%


SERIES A PREFERRED


VV GLOBAL LP 10.105%

IA VENTURES STRATEGIES FUND II LP 4.7182%

VV GLOBAL PRINCIPALS LP 3.3715%

LGV LP 0.5007%

INDEX VENTURES V (JERSEY) LP 0.4658%

SV ANGEL IV LP 0.3581%

SEEDCAMP INVESTMENTS II LP 0.3486%

MAX LEVCHIN 0.2693%

JSC SMARTEX 0.1774%

TOBY COPPEL 0.1774%

PHILLIP MCGRISKIN 0.1774%

WAVEFOX OU 0.1774%

KIMA VENTURES 0.1774%

JUMPTEN LLC 0.1236%

IA VENTURES STRATEGIES II SIDE FUND LP 0.1046%

WASP ENTERPRISES OU 0.0887%

AMERICA GRAU VICENTE 0.0887%

OU SEIKATSU 0.0349%

YUCCA (JERSEY) SLP (AS ADMINISTRATOR OF INDEX V SEED CO-INVESTMENT SCHEME) 0.0253%

YUCCA (JERSEY) SLP (AS ADMINISTRATOR OF INDEX CO-INVESTMENT SCHEME) 0.0063%

INDEX VENTURES V PARALLEL ENTERPRENEUR FUND (JERSEY) LP 0.0032%


SERIES B PREFERRED


VALAR GLOBAL PRINCIPALS FUND I LP 3.4596%

IA VENTURES STRATEGIES FUND II LP 3.2882%

VIECO 3 LIMITED 0.8152%

VALAR GLOBAL FUND I LP 0.4593%

INDEX VENTURES V (JERSEY) LP 0.4251%

KIMA VENTURES 0.0814%

TOBY COPPEL 0.0769%

IA VENTURES STRATEGIES II SIDE FUND LP 0.0717%

CHRISTIAN WOOLFENDEN 0.0487%

SEEDCAMP INVESTMENTS II LP 0.0437%

AMERICA GRAU VICENTE 0.0407%

SV ANGEL IV LP 0.0377%

YUCCA (JERSEY) SLP (AS ADMINISTRATOR OF INDEX V SEED CO-INVESTMENT SCHEME) 0.0226%

JSC SMARTEX 0.0187%

PHILLIP MCGRISKIN 0.0187%

WAVEFOX OU 0.0187%

OU SEIKATSU 0.0163%

YUCCA (JERSEY) SLP (AS ADMINISTRATOR OF INDEX CO-INVESTMENT SCHEME) 0.0059%

INDEX VENTURES V PARALLEL ENTERPRENEUR FUND (JERSEY) LP 0.0034%


SERIES C PREFERRED


AH PARALLEL FUND IV L.P. 3.6582%

ANDREESSEN HOROWITZ FUND IV L.P. 2.0323%

VALAR CO-INVEST 1 LP 1.4247%

INDEX VENTURES V (JERSEY) LP 0.3464%

TISE-FUND A SERIES OF AL-SEEDCAMP-FUNDS LLC 0.1314%

VIECO 3 LIMITED 0.0601%

RHYTHM VENTURES LTD 0.0439%

AMERICA GRAU VICENTE 0.0315%

IA VENTURES STRATEGIES FUND II LP 0.0265%

DENISE APTEKAR 0.0219%

CHRISTIAN WOOLFENDEN 0.0217%

PHILLIP MCGRISKIN 0.0145%

WAVEFOX OU 0.0145%

TOBY COPPEL 0.0135%

OU SEIKATSU 0.0126%

OU NORDEKIVI 0.0102%

YUCCA (JERSEY) SLP (AS ADMINISTRATOR OF INDEX CO-INVESTMENT SCHEME) 0.0044%

INDEX VENTURES V PARALLEL ENTERPRENEUR FUND (JERSEY) LP 0.0028%

IA VENTURES STRATEGIES II SIDE FUND LP 0.0006%


Note: This is based on public information and may not take into account options, convertible debt, off balance sheet side letters, other economic rights as per the cap table, etc


cap-table

EQUITY GBP SERIES C PREFERRED

VOTING - THE SHARES CONFER ON THE HOLDER THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY TO RECEIVE AND VOTE ON WRITTEN RESOLUTIONS. DIVIDENDS - EVERY DIVIDEND SHALL BE DISTRIBUTED TO THE SHAREHOLDERS PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY THEM. CAPITAL DISTRIBUTION - ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES), OR ON A SALE (1) SUBJECT TO (2), THE BALANCE OF THE SURPLUS ASSETS FOLLOWING DISTRIBUTIONS TO THE PREFERRED SHAREHOLDERS AND SEEDCAMP, WILL BE DISTRIBUTED AMONG THE HOLDERS OF ORDINARY SHARES PRO RATE TO THE NUMBER OF ORDINARY SHARES HELD. (2) THE RIGHT OF THE PREFERRED SHAREHOLDERS TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT PER SHARE HELD EQUAL TO THE RELEVANT PREFERENCE AMOUNT AND FOR SEEDCAMP TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP, PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES, SHALL CEASE IN THE EVENT THAT A DISTRIBUTION OF THE SURPLUS ASSETS AMONG THE HOLDERS OF SHARES PRO RATA TO THE NUMBER OF SHARES HELD WOULD RESULT IN (A) THE SERIES D PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES D PREFERENCE AMOUNT PER SERIES D PREFERRED SHARE HELD, (B) THE SERIES C PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES C PREFERENCE AMOUNT PER SERIES C PREFERRED SHARE HELD, (C) THE SERIES B PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES B PREFERENCE AMOUNT PER SERIES B PREFERRED SHARE HELD, (D) THE SERIES A PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES A PREFERENCE AMOUNT PER SERIES A PREFERRED SHARE HELD, (E) THE SEED PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SEED PREFERENCE AMOUNT PER SEED PREFERRED SHARE HELD AND (F) SEEDCAMP RECEIVING AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP (PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES). IN SUCH CIRCUMSTANCES, ALL OF THE SURPLUS ASSETS OF THE COMPANY REMAINING AFTER PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONG THE HOLDERS OF SHARES PRO RATA (AS IF THE SHARES CONSTITUTED ONE AND THE SAME CLASS) TO THE NUMBER OF SHARES HELD (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) ON AN AS CONVERTED TO ORDINARY SHARE BASIS ASSUMING ALL SHARES (OTHER THAN ORDINARY SHARES) ARE CONVERTED TO ORDINARY SHARES AT THE CONVERSION RATIO APPLICABLE TO ANY SUCH SHARES AT SUCH TIME. REDEMPTION - THE SHARES. ARE NOT REDEEMABLE.

07Mar16

EQUITY GBP ORDINARY

VOTING - THE SHARES CONFER ON THE HOLDER THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY TO RECEIVE AND VOTE ON WRITTEN RESOLUTIONS. DIVIDENDS - EVERY DIVIDEND SHALL BE DISTRIBUTED TO THE SHAREHOLDERS PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY THEM. CAPITAL DISTRIBUTION - ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES), OR ON A SALE (1) SUBJECT TO (2), THE BALANCE OF THE SURPLUS ASSETS FOLLOWING DISTRIBUTIONS TO THE PREFERRED SHAREHOLDERS AND SEEDCAMP, WILL BE DISTRIBUTED AMONG THE HOLDERS OF ORDINARY SHARES PRO RATE TO THE NUMBER OF ORDINARY SHARES HELD. (2) THE RIGHT OF THE PREFERRED SHAREHOLDERS TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT PER SHARE HELD EQUAL TO THE RELEVANT PREFERENCE AMOUNT AND FOR SEEDCAMP TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP, PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES, SHALL CEASE IN THE EVENT THAT A DISTRIBUTION OF THE SURPLUS ASSETS AMONG THE HOLDERS OF SHARES PRO RATA TO THE NUMBER OF SHARES HELD WOULD RESULT IN (A) THE SERIES D PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES D PREFERENCE AMOUNT PER SERIES D PREFERRED SHARE HELD, (B) THE SERIES C PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES C PREFERENCE AMOUNT PER SERIES C PREFERRED SHARE HELD, (C) THE SERIES B PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES B PREFERENCE AMOUNT PER SERIES B PREFERRED SHARE HELD, (D) THE SERIES A PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES A PREFERENCE AMOUNT PER SERIES A PREFERRED SHARE HELD, (E) THE SEED PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SEED PREFERENCE AMOUNT PER SEED PREFERRED SHARE HELD AND (F) SEEDCAMP RECEIVING AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP (PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES). IN SUCH CIRCUMSTANCES, ALL OF THE SURPLUS ASSETS OF THE COMPANY REMAINING AFTER PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONG THE HOLDERS OF SHARES PRO RATA (AS IF THE SHARES CONSTITUTED ONE AND THE SAME CLASS) TO THE NUMBER OF SHARES HELD (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) ON AN AS CONVERTED TO ORDINARY SHARE BASIS ASSUMING ALL SHARES (OTHER THAN ORDINARY SHARES) ARE CONVERTED TO ORDINARY SHARES AT THE CONVERSION RATIO APPLICABLE TO ANY SUCH SHARES AT SUCH TIME. REDEMPTION - THE SHARES. ARE NOT REDEEMABLE.

07Mar16

EQUITY GBP SEED PREFERRED

VOTING - THE SHARES CONFER ON THE HOLDER THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY TO RECEIVE AND VOTE ON WRITTEN RESOLUTIONS. DIVIDENDS - EVERY DIVIDEND SHALL BE DISTRIBUTED TO THE SHAREHOLDERS PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY THEM. CAPITAL DISTRIBUTION - ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES), OR ON A SALE (1) SUBJECT TO (2), THE BALANCE OF THE SURPLUS ASSETS FOLLOWING DISTRIBUTIONS TO THE PREFERRED SHAREHOLDERS AND SEEDCAMP, WILL BE DISTRIBUTED AMONG THE HOLDERS OF ORDINARY SHARES PRO RATE TO THE NUMBER OF ORDINARY SHARES HELD. (2) THE RIGHT OF THE PREFERRED SHAREHOLDERS TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT PER SHARE HELD EQUAL TO THE RELEVANT PREFERENCE AMOUNT AND FOR SEEDCAMP TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP, PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES, SHALL CEASE IN THE EVENT THAT A DISTRIBUTION OF THE SURPLUS ASSETS AMONG THE HOLDERS OF SHARES PRO RATA TO THE NUMBER OF SHARES HELD WOULD RESULT IN (A) THE SERIES D PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES D PREFERENCE AMOUNT PER SERIES D PREFERRED SHARE HELD, (B) THE SERIES C PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES C PREFERENCE AMOUNT PER SERIES C PREFERRED SHARE HELD, (C) THE SERIES B PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES B PREFERENCE AMOUNT PER SERIES B PREFERRED SHARE HELD, (D) THE SERIES A PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES A PREFERENCE AMOUNT PER SERIES A PREFERRED SHARE HELD, (E) THE SEED PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SEED PREFERENCE AMOUNT PER SEED PREFERRED SHARE HELD AND (F) SEEDCAMP RECEIVING AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP (PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES). IN SUCH CIRCUMSTANCES, ALL OF THE SURPLUS ASSETS OF THE COMPANY REMAINING AFTER PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONG THE HOLDERS OF SHARES PRO RATA (AS IF THE SHARES CONSTITUTED ONE AND THE SAME CLASS) TO THE NUMBER OF SHARES HELD (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) ON AN AS CONVERTED TO ORDINARY SHARE BASIS ASSUMING ALL SHARES (OTHER THAN ORDINARY SHARES) ARE CONVERTED TO ORDINARY SHARES AT THE CONVERSION RATIO APPLICABLE TO ANY SUCH SHARES AT SUCH TIME. REDEMPTION - THE SHARES. ARE NOT REDEEMABLE.

07Mar16

EQUITY GBP SERIES A PREFERRED

VOTING - THE SHARES CONFER ON THE HOLDER THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY TO RECEIVE AND VOTE ON WRITTEN RESOLUTIONS. DIVIDENDS - EVERY DIVIDEND SHALL BE DISTRIBUTED TO THE SHAREHOLDERS PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY THEM. CAPITAL DISTRIBUTION - ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES), OR ON A SALE (1) SUBJECT TO (2), THE BALANCE OF THE SURPLUS ASSETS FOLLOWING DISTRIBUTIONS TO THE PREFERRED SHAREHOLDERS AND SEEDCAMP, WILL BE DISTRIBUTED AMONG THE HOLDERS OF ORDINARY SHARES PRO RATE TO THE NUMBER OF ORDINARY SHARES HELD. (2) THE RIGHT OF THE PREFERRED SHAREHOLDERS TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT PER SHARE HELD EQUAL TO THE RELEVANT PREFERENCE AMOUNT AND FOR SEEDCAMP TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP, PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES, SHALL CEASE IN THE EVENT THAT A DISTRIBUTION OF THE SURPLUS ASSETS AMONG THE HOLDERS OF SHARES PRO RATA TO THE NUMBER OF SHARES HELD WOULD RESULT IN (A) THE SERIES D PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES D PREFERENCE AMOUNT PER SERIES D PREFERRED SHARE HELD, (B) THE SERIES C PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES C PREFERENCE AMOUNT PER SERIES C PREFERRED SHARE HELD, (C) THE SERIES B PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES B PREFERENCE AMOUNT PER SERIES B PREFERRED SHARE HELD, (D) THE SERIES A PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES A PREFERENCE AMOUNT PER SERIES A PREFERRED SHARE HELD, (E) THE SEED PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SEED PREFERENCE AMOUNT PER SEED PREFERRED SHARE HELD AND (F) SEEDCAMP RECEIVING AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP (PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES). IN SUCH CIRCUMSTANCES, ALL OF THE SURPLUS ASSETS OF THE COMPANY REMAINING AFTER PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONG THE HOLDERS OF SHARES PRO RATA (AS IF THE SHARES CONSTITUTED ONE AND THE SAME CLASS) TO THE NUMBER OF SHARES HELD (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) ON AN AS CONVERTED TO ORDINARY SHARE BASIS ASSUMING ALL SHARES (OTHER THAN ORDINARY SHARES) ARE CONVERTED TO ORDINARY SHARES AT THE CONVERSION RATIO APPLICABLE TO ANY SUCH SHARES AT SUCH TIME. REDEMPTION - THE SHARES. ARE NOT REDEEMABLE.

07Mar16

EQUITY GBP SERIES D PREFERRED

VOTING - THE SHARES CONFER ON THE HOLDER THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY TO RECEIVE AND VOTE ON WRITTEN RESOLUTIONS. DIVIDENDS - EVERY DIVIDEND SHALL BE DISTRIBUTED TO THE SHAREHOLDERS PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY THEM. CAPITAL DISTRIBUTION - ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES), OR ON A SALE (1) SUBJECT TO (2), THE BALANCE OF THE SURPLUS ASSETS FOLLOWING DISTRIBUTIONS TO THE PREFERRED SHAREHOLDERS AND SEEDCAMP, WILL BE DISTRIBUTED AMONG THE HOLDERS OF ORDINARY SHARES PRO RATE TO THE NUMBER OF ORDINARY SHARES HELD. (2) THE RIGHT OF THE PREFERRED SHAREHOLDERS TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT PER SHARE HELD EQUAL TO THE RELEVANT PREFERENCE AMOUNT AND FOR SEEDCAMP TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP, PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES, SHALL CEASE IN THE EVENT THAT A DISTRIBUTION OF THE SURPLUS ASSETS AMONG THE HOLDERS OF SHARES PRO RATA TO THE NUMBER OF SHARES HELD WOULD RESULT IN (A) THE SERIES D PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES D PREFERENCE AMOUNT PER SERIES D PREFERRED SHARE HELD, (B) THE SERIES C PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES C PREFERENCE AMOUNT PER SERIES C PREFERRED SHARE HELD, (C) THE SERIES B PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES B PREFERENCE AMOUNT PER SERIES B PREFERRED SHARE HELD, (D) THE SERIES A PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES A PREFERENCE AMOUNT PER SERIES A PREFERRED SHARE HELD, (E) THE SEED PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SEED PREFERENCE AMOUNT PER SEED PREFERRED SHARE HELD AND (F) SEEDCAMP RECEIVING AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP (PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES). IN SUCH CIRCUMSTANCES, ALL OF THE SURPLUS ASSETS OF THE COMPANY REMAINING AFTER PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONG THE HOLDERS OF SHARES PRO RATA (AS IF THE SHARES CONSTITUTED ONE AND THE SAME CLASS) TO THE NUMBER OF SHARES HELD (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) ON AN AS CONVERTED TO ORDINARY SHARE BASIS ASSUMING ALL SHARES (OTHER THAN ORDINARY SHARES) ARE CONVERTED TO ORDINARY SHARES AT THE CONVERSION RATIO APPLICABLE TO ANY SUCH SHARES AT SUCH TIME. REDEMPTION - THE SHARES. ARE NOT REDEEMABLE.

07Mar16

EQUITY GBP SERIES B PREFERRED

VOTING - THE SHARES CONFER ON THE HOLDER THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY TO RECEIVE AND VOTE ON WRITTEN RESOLUTIONS. DIVIDENDS - EVERY DIVIDEND SHALL BE DISTRIBUTED TO THE SHAREHOLDERS PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY THEM. CAPITAL DISTRIBUTION - ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES), OR ON A SALE (1) SUBJECT TO (2), THE BALANCE OF THE SURPLUS ASSETS FOLLOWING DISTRIBUTIONS TO THE PREFERRED SHAREHOLDERS AND SEEDCAMP, WILL BE DISTRIBUTED AMONG THE HOLDERS OF ORDINARY SHARES PRO RATE TO THE NUMBER OF ORDINARY SHARES HELD. (2) THE RIGHT OF THE PREFERRED SHAREHOLDERS TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT PER SHARE HELD EQUAL TO THE RELEVANT PREFERENCE AMOUNT AND FOR SEEDCAMP TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP, PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES, SHALL CEASE IN THE EVENT THAT A DISTRIBUTION OF THE SURPLUS ASSETS AMONG THE HOLDERS OF SHARES PRO RATA TO THE NUMBER OF SHARES HELD WOULD RESULT IN (A) THE SERIES D PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES D PREFERENCE AMOUNT PER SERIES D PREFERRED SHARE HELD, (B) THE SERIES C PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES C PREFERENCE AMOUNT PER SERIES C PREFERRED SHARE HELD, (C) THE SERIES B PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES B PREFERENCE AMOUNT PER SERIES B PREFERRED SHARE HELD, (D) THE SERIES A PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES A PREFERENCE AMOUNT PER SERIES A PREFERRED SHARE HELD, (E) THE SEED PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SEED PREFERENCE AMOUNT PER SEED PREFERRED SHARE HELD AND (F) SEEDCAMP RECEIVING AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP (PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES). IN SUCH CIRCUMSTANCES, ALL OF THE SURPLUS ASSETS OF THE COMPANY REMAINING AFTER PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONG THE HOLDERS OF SHARES PRO RATA (AS IF THE SHARES CONSTITUTED ONE AND THE SAME CLASS) TO THE NUMBER OF SHARES HELD (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) ON AN AS CONVERTED TO ORDINARY SHARE BASIS ASSUMING ALL SHARES (OTHER THAN ORDINARY SHARES) ARE CONVERTED TO ORDINARY SHARES AT THE CONVERSION RATIO APPLICABLE TO ANY SUCH SHARES AT SUCH TIME. REDEMPTION - THE SHARES. ARE NOT REDEEMABLE.

07Mar16

people (5)

 logo 2 2

#director #ceo
31Mar10
@pwc @deloitte
HINRIKUS, Taavet logo 1 1
HINRIKUS, Taavet
#director
08Nov11
@skype

#Estonian #37yo
 logo 1 2

#director
11Jan18
@harvard @andreessenhorowitz
SWALLOW, Jenifer Elizabeth logo 1 1
SWALLOW, Jenifer Elizabeth
#secretary
10Oct18
EHRENBERG, Roger logo 2 3
EHRENBERG, Roger
#director
27Jan12
@iaventures

#American #53yo
0

#director
23Dec14
11Jan18 (res)
@AndreessenHorowitz
WEAVER, Paul
#secretary
26Mar18
19Sep18 (res)

news

Forex firm TransferWise to sell stake in new fundraising round
Reuters 29Mar19
TransferWise CEO Doesn't See a Reason to Go Public Right Now
Bloomberg 05Mar19
TransferWise share sale to value UK fintech champion at £3bn
Sky News 22Feb19
TransferWise Lowers their Rates. Can Banks Ever Compete?
Crowdfund Insider 11Feb19
Brexit drives TransferWise to open Belgian office
Financial Times 10Jan19
TransferWise keeps growing money transfers despite global turbulence
TechCrunch 06Dec18
Transferwise repackages its business banking with a debit card
CityAM 14Nov18
TransferWise partners with Dutch challenger bank Bunq
TechCrunch 06Nov18
TransferWise plans further price cuts
Financial Times 10Sep18
Industrial robots startup Gideon Brothers raises $765K led by TransferWise co-founder
TechCrunch 24Jul18
Transferwise announces partnership with UK challenger bank Monzo on international money transfer
CityAM 25Jun18
TransferWise partners with French banking group Groupe BPCE
Reuters 04Jun18
1000 Payments at Once: Transferwise Now Enables Payroll & Corporate Batch Payments
Crowdfund Insider 08May18
TransferWise Launches Borderless Multi-Country Bank Account & Debit Card
Crowdfund Insider 25Apr18
TransferWise becomes first non-bank to join BoE payment system
Financial Times 18Apr18
TransferWise to cross new border with multi-currency account
Reuters 09Jan18
Transferwise closes $280m funding from top investors led by IVP and Old Mutual
Bloomberg 02Nov17
TransferWise changes fees for GBP transfers, introduces complicated flat transaction fees
TechCrunch 23Oct17
Tech City UK sets up 'Fintech Delivery Panel'
FinExtra 13Sep17
Fintech bonanza? A third of financial technology startups expect to IPO within five years
CityAM 08Sep17
Eight tips for studying abroad without breaking the bank
Telegraph 11Aug17
TransferWise is said to seek new funding round
PE Hub 03Aug17
TransferWise CEO Hinrikus steps aside for co-founder Käärmann
FinExtra 18Jul17
TransferWise is opening an Asian hub in Singapore
Business Insider 27Apr17
TransferWise Integrates Money Transfer Bot With Facebook Messenger
Crowdfund Insider 25Feb17
Seedcamp sells part of its stake in European unicorn TransferWise
TechCrunch 31Jan17
Exclusive: TransferWise is looking at launching a money card
Business Insider 12Sep16
TransferWise for Business launches
FinExtra 17Aug16
TransferWise gets direct access to Faster Payments
FinExtra 03Aug16
TransferWise is moving into a new $25 billion market
Business Insider 19Apr16
TransferWise launches in Canada
FinExtra 15Apr16
Number26 adds in-app access to TransferWise API as startups gang up on banks
FinExtra 26Feb16
TransferWise did less than £6.5 million in sales last year despite being worth $1 billion
Business Insider 04Jan16
XOPO new entrant to compete with TransferWise
This is Money 13Nov15
Interview with TransferWise
Business Insider 01Oct15
5/19/2019 12:20:44 PM

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