Kristo Käärmann

Kristo Käärmann, co-founder and CEO of TransferWise, shares his journey of disrupting traditional banking with a peer-to-peer money transfer service. He discusses the challenges of building a customer-centric solution while navigating the hidden fees imposed by banks. Kristo recalls his thrilling fundraising experiences and the pivotal moments of scaling the company, especially during the pandemic. The conversation also touches on tech skills’ importance and innovative banking partnerships that have transformed their service.

Kristo Käärmann, CEO von TransferWise, erzählt von der Gründung seines Unternehmens und den Herausforderungen im Finanzsektor. Er beleuchtet, wie wichtig Transparenz und Effizienz bei internationalen Geldtransfers sind. Käärmann kritisiert die Schwierigkeiten traditioneller Banken bei der Digitalisierung und erklärt, warum London an Bedeutung verlieren könnte. Zudem teilt Björn Ognibeni seine Erkenntnisse darüber, was europäische Unternehmen von der digitalen Transformation in China lernen können und diskutiert die Unterschiede zwischen den Märkten.

In this discussion, Kristo Käärmann, Executive Founder of TransferWise, and James Beshara, Founder and CEO of Tilt, delve into the evolving landscape of finance. They tackle the role of banks in an era where tech companies challenge traditional models. The duo emphasizes the need for transparency and innovative customer acquisition strategies, particularly for younger audiences. They also explore how advertising-driven banking could reshape revenue streams while examining the regulatory pressures that continue to impact consumer benefits. A thought-provoking take on the future of money!