How a simple idea made a unicorn | Taavet Hinrikus of TransferWise


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DLD Munich 20 Throwback: How did a Startup manage to become a (rare) profitable fintech unicorn with simple currency exchange transfers? Taavet Hinrikus, CEO and Co-Founder of TransferWise told us at the DLD Conference Munich 20 how he and his team did it.

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TransferWise set the goal to simplify transferring money abroad into different currencies with minimal costs for the users. With that it makes for a great competition for traditional banks with the same service but sometimes hard to see transfer costs.

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