News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Fintech

TransferWise completes $319m share sale at $5bn valuation

The fintech firm did not work with investment banks on the investment

Leading UK fintech firm TransferWise has staged a secondary share sale that values the company at $5bn — placing it once again among Europe’s most valuable startups.

The company’s staff and early backers have sold $319m worth of shares to a group of new and existing investors.

WSJ Logo