What problem is Transferwise trying to solve?
TransferWise CEO Doesn't See a Reason to Go Public Right Now
Interactive Video
•
Business
•
University
•
Hard
Quizizz Content
FREE Resource
Transferwise, founded 10 years ago, addresses the issue of costly international money transfers by offering a more transparent and affordable service. The company has expanded to 71 countries, moving $4 billion monthly. Despite a busy IPO market, Transferwise prefers to remain private to maintain agility. The rise of challenger banks in Europe presents both competition and partnership opportunities. Transferwise does not see the need for a banking license as it doesn't engage in traditional banking activities. Employee retention is strong, driven by the company's mission to save users money.
Read more
5 questions
Show all answers
1.
OPEN ENDED QUESTION
3 mins • 1 pt
Evaluate responses using AI:
OFF
2.
OPEN ENDED QUESTION
3 mins • 1 pt
How much money is Transferwise moving every month?
Evaluate responses using AI:
OFF
3.
OPEN ENDED QUESTION
3 mins • 1 pt
Why does Transferwise not see a benefit in becoming a public company?
Evaluate responses using AI:
OFF
4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the significance of the rise of Challenger Banks for Transferwise?
Evaluate responses using AI:
OFF
5.
OPEN ENDED QUESTION
3 mins • 1 pt
What motivates employees to stay at Transferwise for a long time?
Evaluate responses using AI:
OFF
Similar Resources on Quizizz
6 questions
Passera Says Majority of Italy's Banking Woes Are in the Past
Interactive video
•
University
3 questions
Morgan Stanley 3Q Equities Trading Revenue Tops Estimates
Interactive video
•
University
6 questions
Hong Kong's Threat to Its Financial Stub Status, IPO Market
Interactive video
•
University
6 questions
RBS Gets $3B Balance Sheet Boost From Citizens IPO
Interactive video
•
University
3 questions
Goldman Sees Hong Kong Turmoil as $4 Billion Benefit for Singapore
Interactive video
•
University
6 questions
Its a Big Beat for Morgan Stanley
Interactive video
•
University
3 questions
Goldman, Citi Said to Lead Pack for Saudi Aramco IPO
Interactive video
•
University
6 questions
What Is The 4Q Outlook for Big Banks?
Interactive video
•
University
Popular Resources on Quizizz
15 questions
Character Analysis
Quiz
•
4th Grade
17 questions
Chapter 12 - Doing the Right Thing
Quiz
•
9th - 12th Grade
10 questions
American Flag
Quiz
•
1st - 2nd Grade
20 questions
Reading Comprehension
Quiz
•
5th Grade
30 questions
Linear Inequalities
Quiz
•
9th - 12th Grade
20 questions
Types of Credit
Quiz
•
9th - 12th Grade
18 questions
Full S.T.E.A.M. Ahead Summer Academy Pre-Test 24-25
Quiz
•
5th Grade
14 questions
Misplaced and Dangling Modifiers
Quiz
•
6th - 8th Grade