TransferWise to create 750 jobs

TransferWise is set to create 750 jobs in offices around the world over the next six months.

A total of 175 new roles will be based in London, where the online money transfer business is headquartered.

The company has seen significant growth this year, with revenue increasing by 70 per cent to £302.6 million.

With 2,200 existing employees across the world, the boost to roles will see the company’s workforce grow by almost a third.

“We’re already improving international banking for nine million people and businesses, but this is just the very beginning. We need a lot of help beyond our current team of 2,200 people to achieve our mission of money without borders,” said Kristo Käärmann, co-founder and chief executive, TransferWise. “Our remote working policy is designed with an international team at heart.

“We started TransferWise in 2011 distributed across 3 locations, and we have, over time, expanded to 14 offices. Working in distributed teams is in our DNA from the beginning, and we’re proud to be able to change and adapt our working practices to better suit our hard-working teams.”

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