Kristo Käärmann is the co-founder and CEO of TransferWise, a payments company fighting to break banks’ usurious grip on FX and international transfers.
TransferWise is one of Europe’s greatest fintech success stories, most recently valued at $3.5 billion in a secondary offering earlier this year. The company has nearly 2,000 employees around the world, moves $5.5 billion a month between nearly 100 countries and saves customers over $1 billion a year in fees.
In this conversation, Kristo and I discuss the evolution of international payments, how TransferWise helps banks as much as challenges them and how competition will shape the digital banking space.
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Thank you very much for joining us today. Please welcome, Kristo Käärmann.