Meet Kristo Kaarmann -
Kristo Kaarmann

Kristo Kaarmann

Founder and CEO TransferWise


Kristo Kaarmann is the co-founder and CEO of TransferWise.

Launched in 2011 by Kristo and Taavet Hinrikus, TransferWise is a global technology company that’s building the best way to move money around the world. Over five million people use TransferWise, which processes over £4 billion (S$6.8 billion) in payments every month, saving customers over £1 billion (S$1.7 billion) a year compared to using a bank.

At its latest funding round in May 2019, it was valued at US$3.5 billion (S$4.8 billion), making it Europe’s most valuable fintech start-up. Investors in TransferWise include Lead Edge, Lone Pine, Vitruvian, IVP, Merian Global Investors, Andreessen Horowitz, Sir Richard Branson, Valar Ventures and Max Levchin of PayPal. TransferWise’s global head office is in London; its APAC head office is in Singapore.

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