Fintech

Taavet Hinrikus in ‘no rush’ to take TransferWise public

Co-founder of Europe’s most valuable fintech firm thinks 'being public is a distraction' — for now

Taavet Hinrikus (transferwise)
Taavet Hinrikus (transferwise) Photo: Alamy

The co-founder and chair of payments start-up TransferWise, which this week became Europe's most valuable fintech firm, has no plans to cash in by taking the company public.

Speaking to Financial News a day after a private $292m sale of TransferWise shares, Taavet Hinrikus said there was “no rush” to follow fellow fintech firms such as Funding Circle and Adyen into the public markets.

WSJ Logo
Dimon Defends Fed Independence After Trump AttacksExternal link

Dimon Defends Fed Independence After Trump Attacks