TransferWise and the maturity of UK Fintech

great article from FT covering Transferwise, its business as is, and plans for growth. About a two minute read.

Comment: excellent article that covers all the points about how they grew so quickly, but neglects to address the big elephant in the room — cash rich incumbents who wouldn’t find its $5B market cap a barrier to buying it up. It will be interesting to see how much longer they can remain independent.