Fintech Startup TransferWise CEO Kaarmann on Strategy

The transcript discusses a global company's participation in the Singapore Fintech Festival, highlighting its operations in 43 jurisdictions, with a focus on Asia. The company is expanding its services in Malaysia and offers virtual banking services in 20 countries. It operates as a non-lending bank, holding over £1 billion in deposits. Despite being profitable, the company raised $292 million to provide liquidity to early shareholders. It has no immediate plans for an IPO. The company is prepared for Brexit, with a new office in Brussels to mitigate potential impacts.

How does the company differentiate itself from traditional banks?

What is the company's approach to raising capital and its current financial status?

What preparations has the company made in response to potential Brexit outcomes?