TransferWise is a global technology company that?s building the best way to move money around the world. Whether you?re sending money to another country, spending money abroad, or making and receiving international business payments, TransferWise is on a mission to make your life easier and save you money. TransferWise was founded in 2011 by two friends, Kristo Käärmann and Taavet Hinrikus, who had been living and working in different countries. They were frustrated by the high fees they were being charged by banks for international money transfers and decided to create a cheaper, more transparent alternative. Today, TransferWise has over 10 million customers and moves over $5 billion every month, saving people and businesses over $1 billion a year in bank fees.