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-   -   News Interesting article on TransferWise (https://gfy.com/showthread.php?t=1308551)

AdultKing 01-28-2019 12:29 AM

Interesting article on TransferWise
 
The mistake that led to a £1.2bn business

Quote:


When Kristo Kaarmann was kicking himself for being "incredibly stupid", little did he know that it would spark an idea for a business that is now estimated to be worth more than £1.2bn.

Back in 2008, the then 28-year-old Estonian was working in London as a management consultant when he got a very chunky Christmas bonus of £10,000.

As interest rates were higher back in Estonia, he decided that he'd transfer the money from his UK current account to his Estonian savings account, so as to earn more from the cash.


https://www.bbc.com/news/business-46985443

Bladewire 01-28-2019 12:40 AM

That's a great article thank you :thumbsup

CurrentlySober 01-28-2019 03:16 AM

Good to see an article and background behind another 'name on the web' - Inspires confidence in the service for the future, should I ever need to use it :thumbsup

adultchatpay 01-28-2019 06:23 AM

I love this kind of success stories

MaDalton 01-28-2019 07:29 AM

Quote:

Originally Posted by AdultKing (Post 22405503)
The mistake that led to a £1.2bn business

https://www.bbc.com/news/business-46985443

http://www.quickmeme.com/img/33/33e1...225e26a3bf.jpg

ilnjscb 01-28-2019 07:57 AM

He's smiling at you, AdultKing

https://ichef.bbci.co.uk/news/660/cp...kristo5600.jpg

ladida 01-28-2019 08:22 AM

No way banks let this pass. Its possible to make huge saves with them.


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