Wise to help launch coding school

Wise, formerly TransferWise, has announced plans to help open a coding school in Estonia.

Estonia is home to Wise’s biggest office with over 1,000 employees.

The payments company said that it is collaborating on the two-year study programme, which is built on a cloud-based platform.

There are no teachers or traditional classes in Jõhvi school and the studies are free.

According to Wise, Estonia is home to more than 1,100 start-up and seven unicorns, but is currently short of thousands of IT specialists. Women make up only a fifth of jobs in the sector.

“Traditional tech education at universities is struggling to retain students as programs lack practical experience, and – as a result – there aren’t enough professionals to meet the market needs,” said Wise co-founder, Taavet Hinrikus. “In addition, we can’t ignore the increasing importance of general IT knowledge which will soon be part of everyone’s basic skillset, like learning and speaking English is today.”

Hinrikus added: “As a self-learner myself who dropped out of a traditional university CS degree, this innovative, practical school would have been ideal for my studies.”

    Share Story:

Recent Stories

The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.

The Rise of Instant Payments
Instant payments are creating new business opportunities for banks by providing more touchpoints than ever. With these evolutions underway, Featurespace brought leading industry experts together to discuss how they are protecting customers from fraudsters in real time, utilizing innovative and disruptive solutions to reduce fraud. Click here to find out more.

Offloading Cyber Risk in the Cloud
As cyber attacks and data breaches are in the news on an increasingly regular basis - with regulatory penalties and customer trust on the line for financial services firms - it has never been more crucial to be compliant in the cloud.

This video, with Akamai’s EMEA director of security technology and strategy Richard Meeus, will help explain what your company can be doing to make sure it’s not embroiled in the next big fine or front-page scandal.