Fixing International Payments for the World with TransferWise

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. For all of our past episodes, and to sign up to our newsletter, please visit www.bankingthefuture.com. Thank you very much for joining us today. Please welcome, Kristo Käärmann.