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Interesting article on TransferWise News Interesting article on TransferWise
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Old 01-28-2019, 12:29 AM   #1
AdultKing
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Interesting article on TransferWise
The mistake that led to a £1.2bn business

Quote:

When Kristo Kaarmann was kicking himself for being "incredibly stupid", little did he know that it would spark an idea for a business that is now estimated to be worth more than £1.2bn.

Back in 2008, the then 28-year-old Estonian was working in London as a management consultant when he got a very chunky Christmas bonus of £10,000.

As interest rates were higher back in Estonia, he decided that he'd transfer the money from his UK current account to his Estonian savings account, so as to earn more from the cash.

https://www.bbc.com/news/business-46985443
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Old 01-28-2019, 12:40 AM   #2
Bladewire
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That's a great article thank you
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Old 01-28-2019, 03:16 AM   #3
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Good to see an article and background behind another 'name on the web' - Inspires confidence in the service for the future, should I ever need to use it
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Old 01-28-2019, 06:23 AM   #4
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I love this kind of success stories
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Old 01-28-2019, 07:29 AM   #5
MaDalton
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Quote:
Originally Posted by AdultKing View Post
The mistake that led to a £1.2bn business

https://www.bbc.com/news/business-46985443
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Old 01-28-2019, 07:57 AM   #6
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He's smiling at you, AdultKing
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Old 01-28-2019, 08:22 AM   #7
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No way banks let this pass. Its possible to make huge saves with them.
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