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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.

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