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TransferWise

TransferWise logo

Financial bias: 2.7
Team bias: 4.1
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TransferWise

Summary:
Financial Services

#fintech #payments #fx #grandeo100


Currency exchange services
Venture:
TRANSFERWISE LTD
active
#07209813

Born: Mar10

GOticker:
transferwise
API:
If you would like to use the API then please register / logon



Business regulatory status: FCA 900507 04Jan16 EMD E-Money

valuation



market price valuation
GBP 670m
(as at 07Mar16)

media driven valuation
GBP 750m


market price valuation
GBP 1,200m
(as at 01Nov17)

media driven valuation
GBP 1,200m

valuations methodology

algo says

Incentivized team

Regulated

Quality investors


Operate in very competitive sector



featured


finances

as at ebit na(nl) equity debt cash
31Mar16 -17,373 35,083 66,042 ukn 47,793
Source: Companies House PwC GBP 'OOOs
31Mar15 -11,414 37,366 51,354 11,643 45,520
Source: Companies House GBP 'OOOs
31Mar14 -1,616 2,087 4,669 3,952 5,258
Source: Companies House GBP 'OOOs
31Mar13 -345 2,725 3,294 ukn 3,468
Source: Companies House Unaudited GBP 'OOOs
31Mar12 -212 663 887 ukn 738
Source: Companies House Unaudited GBP 'OOOs
31Mar11 ukn 3 15 ukn 48
Source: Companies House Unaudited GBP 'OOOs
If you would like to view more information then please register / logon

controllers

HOROWITZ, Benjamin
Significant influence or control (notified: 06Apr16 ceased: )

RAMPELL, Alastair
Significant influence or control (notified: 11Jan18 ceased: )

HOROWITZ, Benjamin
Significant influence or control (notified: 06Apr16 ceased: 11Jan18)

EHRENBERG, Roger
Significant influence or control (notified: 06Apr16 ceased: )

HINRIKUS, Taavet
Significant influence or control (notified: 06Apr16 ceased: )

KAARMANN, Kristo
Significant influence or control (notified: 06Apr16 ceased: )

shareholders

Seedcamp Index Ventures
If you would like to view the shareholders (people and companies) then please register / logon

cap-table

EQUITY GBP SERIES C PREFERRED

VOTING - THE SHARES CONFER ON THE HOLDER THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY TO RECEIVE AND VOTE ON WRITTEN RESOLUTIONS. DIVIDENDS - EVERY DIVIDEND SHALL BE DISTRIBUTED TO THE SHAREHOLDERS PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY THEM. CAPITAL DISTRIBUTION - ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES), OR ON A SALE (1) SUBJECT TO (2), THE BALANCE OF THE SURPLUS ASSETS FOLLOWING DISTRIBUTIONS TO THE PREFERRED SHAREHOLDERS AND SEEDCAMP, WILL BE DISTRIBUTED AMONG THE HOLDERS OF ORDINARY SHARES PRO RATE TO THE NUMBER OF ORDINARY SHARES HELD. (2) THE RIGHT OF THE PREFERRED SHAREHOLDERS TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT PER SHARE HELD EQUAL TO THE RELEVANT PREFERENCE AMOUNT AND FOR SEEDCAMP TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP, PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES, SHALL CEASE IN THE EVENT THAT A DISTRIBUTION OF THE SURPLUS ASSETS AMONG THE HOLDERS OF SHARES PRO RATA TO THE NUMBER OF SHARES HELD WOULD RESULT IN (A) THE SERIES D PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES D PREFERENCE AMOUNT PER SERIES D PREFERRED SHARE HELD, (B) THE SERIES C PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES C PREFERENCE AMOUNT PER SERIES C PREFERRED SHARE HELD, (C) THE SERIES B PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES B PREFERENCE AMOUNT PER SERIES B PREFERRED SHARE HELD, (D) THE SERIES A PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES A PREFERENCE AMOUNT PER SERIES A PREFERRED SHARE HELD, (E) THE SEED PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SEED PREFERENCE AMOUNT PER SEED PREFERRED SHARE HELD AND (F) SEEDCAMP RECEIVING AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP (PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES). IN SUCH CIRCUMSTANCES, ALL OF THE SURPLUS ASSETS OF THE COMPANY REMAINING AFTER PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONG THE HOLDERS OF SHARES PRO RATA (AS IF THE SHARES CONSTITUTED ONE AND THE SAME CLASS) TO THE NUMBER OF SHARES HELD (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) ON AN AS CONVERTED TO ORDINARY SHARE BASIS ASSUMING ALL SHARES (OTHER THAN ORDINARY SHARES) ARE CONVERTED TO ORDINARY SHARES AT THE CONVERSION RATIO APPLICABLE TO ANY SUCH SHARES AT SUCH TIME. REDEMPTION - THE SHARES. ARE NOT REDEEMABLE.

07Mar16

EQUITY GBP ORDINARY

VOTING - THE SHARES CONFER ON THE HOLDER THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY TO RECEIVE AND VOTE ON WRITTEN RESOLUTIONS. DIVIDENDS - EVERY DIVIDEND SHALL BE DISTRIBUTED TO THE SHAREHOLDERS PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY THEM. CAPITAL DISTRIBUTION - ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES), OR ON A SALE (1) SUBJECT TO (2), THE BALANCE OF THE SURPLUS ASSETS FOLLOWING DISTRIBUTIONS TO THE PREFERRED SHAREHOLDERS AND SEEDCAMP, WILL BE DISTRIBUTED AMONG THE HOLDERS OF ORDINARY SHARES PRO RATE TO THE NUMBER OF ORDINARY SHARES HELD. (2) THE RIGHT OF THE PREFERRED SHAREHOLDERS TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT PER SHARE HELD EQUAL TO THE RELEVANT PREFERENCE AMOUNT AND FOR SEEDCAMP TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP, PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES, SHALL CEASE IN THE EVENT THAT A DISTRIBUTION OF THE SURPLUS ASSETS AMONG THE HOLDERS OF SHARES PRO RATA TO THE NUMBER OF SHARES HELD WOULD RESULT IN (A) THE SERIES D PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES D PREFERENCE AMOUNT PER SERIES D PREFERRED SHARE HELD, (B) THE SERIES C PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES C PREFERENCE AMOUNT PER SERIES C PREFERRED SHARE HELD, (C) THE SERIES B PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES B PREFERENCE AMOUNT PER SERIES B PREFERRED SHARE HELD, (D) THE SERIES A PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES A PREFERENCE AMOUNT PER SERIES A PREFERRED SHARE HELD, (E) THE SEED PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SEED PREFERENCE AMOUNT PER SEED PREFERRED SHARE HELD AND (F) SEEDCAMP RECEIVING AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP (PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES). IN SUCH CIRCUMSTANCES, ALL OF THE SURPLUS ASSETS OF THE COMPANY REMAINING AFTER PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONG THE HOLDERS OF SHARES PRO RATA (AS IF THE SHARES CONSTITUTED ONE AND THE SAME CLASS) TO THE NUMBER OF SHARES HELD (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) ON AN AS CONVERTED TO ORDINARY SHARE BASIS ASSUMING ALL SHARES (OTHER THAN ORDINARY SHARES) ARE CONVERTED TO ORDINARY SHARES AT THE CONVERSION RATIO APPLICABLE TO ANY SUCH SHARES AT SUCH TIME. REDEMPTION - THE SHARES. ARE NOT REDEEMABLE.

07Mar16

EQUITY GBP SEED PREFERRED

VOTING - THE SHARES CONFER ON THE HOLDER THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY TO RECEIVE AND VOTE ON WRITTEN RESOLUTIONS. DIVIDENDS - EVERY DIVIDEND SHALL BE DISTRIBUTED TO THE SHAREHOLDERS PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY THEM. CAPITAL DISTRIBUTION - ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES), OR ON A SALE (1) SUBJECT TO (2), THE BALANCE OF THE SURPLUS ASSETS FOLLOWING DISTRIBUTIONS TO THE PREFERRED SHAREHOLDERS AND SEEDCAMP, WILL BE DISTRIBUTED AMONG THE HOLDERS OF ORDINARY SHARES PRO RATE TO THE NUMBER OF ORDINARY SHARES HELD. (2) THE RIGHT OF THE PREFERRED SHAREHOLDERS TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT PER SHARE HELD EQUAL TO THE RELEVANT PREFERENCE AMOUNT AND FOR SEEDCAMP TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP, PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES, SHALL CEASE IN THE EVENT THAT A DISTRIBUTION OF THE SURPLUS ASSETS AMONG THE HOLDERS OF SHARES PRO RATA TO THE NUMBER OF SHARES HELD WOULD RESULT IN (A) THE SERIES D PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES D PREFERENCE AMOUNT PER SERIES D PREFERRED SHARE HELD, (B) THE SERIES C PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES C PREFERENCE AMOUNT PER SERIES C PREFERRED SHARE HELD, (C) THE SERIES B PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES B PREFERENCE AMOUNT PER SERIES B PREFERRED SHARE HELD, (D) THE SERIES A PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES A PREFERENCE AMOUNT PER SERIES A PREFERRED SHARE HELD, (E) THE SEED PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SEED PREFERENCE AMOUNT PER SEED PREFERRED SHARE HELD AND (F) SEEDCAMP RECEIVING AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP (PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES). IN SUCH CIRCUMSTANCES, ALL OF THE SURPLUS ASSETS OF THE COMPANY REMAINING AFTER PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONG THE HOLDERS OF SHARES PRO RATA (AS IF THE SHARES CONSTITUTED ONE AND THE SAME CLASS) TO THE NUMBER OF SHARES HELD (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) ON AN AS CONVERTED TO ORDINARY SHARE BASIS ASSUMING ALL SHARES (OTHER THAN ORDINARY SHARES) ARE CONVERTED TO ORDINARY SHARES AT THE CONVERSION RATIO APPLICABLE TO ANY SUCH SHARES AT SUCH TIME. REDEMPTION - THE SHARES. ARE NOT REDEEMABLE.

07Mar16

EQUITY GBP SERIES A PREFERRED

VOTING - THE SHARES CONFER ON THE HOLDER THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY TO RECEIVE AND VOTE ON WRITTEN RESOLUTIONS. DIVIDENDS - EVERY DIVIDEND SHALL BE DISTRIBUTED TO THE SHAREHOLDERS PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY THEM. CAPITAL DISTRIBUTION - ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES), OR ON A SALE (1) SUBJECT TO (2), THE BALANCE OF THE SURPLUS ASSETS FOLLOWING DISTRIBUTIONS TO THE PREFERRED SHAREHOLDERS AND SEEDCAMP, WILL BE DISTRIBUTED AMONG THE HOLDERS OF ORDINARY SHARES PRO RATE TO THE NUMBER OF ORDINARY SHARES HELD. (2) THE RIGHT OF THE PREFERRED SHAREHOLDERS TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT PER SHARE HELD EQUAL TO THE RELEVANT PREFERENCE AMOUNT AND FOR SEEDCAMP TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP, PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES, SHALL CEASE IN THE EVENT THAT A DISTRIBUTION OF THE SURPLUS ASSETS AMONG THE HOLDERS OF SHARES PRO RATA TO THE NUMBER OF SHARES HELD WOULD RESULT IN (A) THE SERIES D PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES D PREFERENCE AMOUNT PER SERIES D PREFERRED SHARE HELD, (B) THE SERIES C PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES C PREFERENCE AMOUNT PER SERIES C PREFERRED SHARE HELD, (C) THE SERIES B PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES B PREFERENCE AMOUNT PER SERIES B PREFERRED SHARE HELD, (D) THE SERIES A PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES A PREFERENCE AMOUNT PER SERIES A PREFERRED SHARE HELD, (E) THE SEED PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SEED PREFERENCE AMOUNT PER SEED PREFERRED SHARE HELD AND (F) SEEDCAMP RECEIVING AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP (PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES). IN SUCH CIRCUMSTANCES, ALL OF THE SURPLUS ASSETS OF THE COMPANY REMAINING AFTER PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONG THE HOLDERS OF SHARES PRO RATA (AS IF THE SHARES CONSTITUTED ONE AND THE SAME CLASS) TO THE NUMBER OF SHARES HELD (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) ON AN AS CONVERTED TO ORDINARY SHARE BASIS ASSUMING ALL SHARES (OTHER THAN ORDINARY SHARES) ARE CONVERTED TO ORDINARY SHARES AT THE CONVERSION RATIO APPLICABLE TO ANY SUCH SHARES AT SUCH TIME. REDEMPTION - THE SHARES. ARE NOT REDEEMABLE.

07Mar16

EQUITY GBP SERIES D PREFERRED

VOTING - THE SHARES CONFER ON THE HOLDER THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY TO RECEIVE AND VOTE ON WRITTEN RESOLUTIONS. DIVIDENDS - EVERY DIVIDEND SHALL BE DISTRIBUTED TO THE SHAREHOLDERS PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY THEM. CAPITAL DISTRIBUTION - ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES), OR ON A SALE (1) SUBJECT TO (2), THE BALANCE OF THE SURPLUS ASSETS FOLLOWING DISTRIBUTIONS TO THE PREFERRED SHAREHOLDERS AND SEEDCAMP, WILL BE DISTRIBUTED AMONG THE HOLDERS OF ORDINARY SHARES PRO RATE TO THE NUMBER OF ORDINARY SHARES HELD. (2) THE RIGHT OF THE PREFERRED SHAREHOLDERS TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT PER SHARE HELD EQUAL TO THE RELEVANT PREFERENCE AMOUNT AND FOR SEEDCAMP TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP, PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES, SHALL CEASE IN THE EVENT THAT A DISTRIBUTION OF THE SURPLUS ASSETS AMONG THE HOLDERS OF SHARES PRO RATA TO THE NUMBER OF SHARES HELD WOULD RESULT IN (A) THE SERIES D PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES D PREFERENCE AMOUNT PER SERIES D PREFERRED SHARE HELD, (B) THE SERIES C PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES C PREFERENCE AMOUNT PER SERIES C PREFERRED SHARE HELD, (C) THE SERIES B PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES B PREFERENCE AMOUNT PER SERIES B PREFERRED SHARE HELD, (D) THE SERIES A PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES A PREFERENCE AMOUNT PER SERIES A PREFERRED SHARE HELD, (E) THE SEED PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SEED PREFERENCE AMOUNT PER SEED PREFERRED SHARE HELD AND (F) SEEDCAMP RECEIVING AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP (PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES). IN SUCH CIRCUMSTANCES, ALL OF THE SURPLUS ASSETS OF THE COMPANY REMAINING AFTER PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONG THE HOLDERS OF SHARES PRO RATA (AS IF THE SHARES CONSTITUTED ONE AND THE SAME CLASS) TO THE NUMBER OF SHARES HELD (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) ON AN AS CONVERTED TO ORDINARY SHARE BASIS ASSUMING ALL SHARES (OTHER THAN ORDINARY SHARES) ARE CONVERTED TO ORDINARY SHARES AT THE CONVERSION RATIO APPLICABLE TO ANY SUCH SHARES AT SUCH TIME. REDEMPTION - THE SHARES. ARE NOT REDEEMABLE.

07Mar16

EQUITY GBP SERIES B PREFERRED

VOTING - THE SHARES CONFER ON THE HOLDER THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY TO RECEIVE AND VOTE ON WRITTEN RESOLUTIONS. DIVIDENDS - EVERY DIVIDEND SHALL BE DISTRIBUTED TO THE SHAREHOLDERS PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY THEM. CAPITAL DISTRIBUTION - ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES), OR ON A SALE (1) SUBJECT TO (2), THE BALANCE OF THE SURPLUS ASSETS FOLLOWING DISTRIBUTIONS TO THE PREFERRED SHAREHOLDERS AND SEEDCAMP, WILL BE DISTRIBUTED AMONG THE HOLDERS OF ORDINARY SHARES PRO RATE TO THE NUMBER OF ORDINARY SHARES HELD. (2) THE RIGHT OF THE PREFERRED SHAREHOLDERS TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT PER SHARE HELD EQUAL TO THE RELEVANT PREFERENCE AMOUNT AND FOR SEEDCAMP TO RECEIVE A PRIORITY PAYMENT OF AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP, PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES, SHALL CEASE IN THE EVENT THAT A DISTRIBUTION OF THE SURPLUS ASSETS AMONG THE HOLDERS OF SHARES PRO RATA TO THE NUMBER OF SHARES HELD WOULD RESULT IN (A) THE SERIES D PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES D PREFERENCE AMOUNT PER SERIES D PREFERRED SHARE HELD, (B) THE SERIES C PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES C PREFERENCE AMOUNT PER SERIES C PREFERRED SHARE HELD, (C) THE SERIES B PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES B PREFERENCE AMOUNT PER SERIES B PREFERRED SHARE HELD, (D) THE SERIES A PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SERIES A PREFERENCE AMOUNT PER SERIES A PREFERRED SHARE HELD, (E) THE SEED PREFERRED SHAREHOLDERS RECEIVING AT LEAST AN AMOUNT EQUAL TO THE SEED PREFERENCE AMOUNT PER SEED PREFERRED SHARE HELD AND (F) SEEDCAMP RECEIVING AN AMOUNT EQUAL TO THE ISSUE PRICE OF THE ORDINARY SHARES HELD BY SEEDCAMP (PROVIDED THAT SEEDCAMP HELD SUCH SHARES ON THE DATE OF ADOPTION OF THE ARTICLES). IN SUCH CIRCUMSTANCES, ALL OF THE SURPLUS ASSETS OF THE COMPANY REMAINING AFTER PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONG THE HOLDERS OF SHARES PRO RATA (AS IF THE SHARES CONSTITUTED ONE AND THE SAME CLASS) TO THE NUMBER OF SHARES HELD (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) ON AN AS CONVERTED TO ORDINARY SHARE BASIS ASSUMING ALL SHARES (OTHER THAN ORDINARY SHARES) ARE CONVERTED TO ORDINARY SHARES AT THE CONVERSION RATIO APPLICABLE TO ANY SUCH SHARES AT SUCH TIME. REDEMPTION - THE SHARES. ARE NOT REDEEMABLE.

07Mar16

people (5)

KAARMANN, Kristo logo 2 2
KAARMANN, Kristo
#director #ceo
31Mar10
@pwc @deloitte

#Estonian #37yo
HINRIKUS, Taavet logo 1 1
HINRIKUS, Taavet
#director
08Nov11
@skype

#Estonian #36yo
RAMPELL, Alastair Michael logo 1 2
RAMPELL, Alastair Michael
#director
11Jan18
@harvard @andreessenhorowitz

#American #36yo
EHRENBERG, Roger logo 1 2
EHRENBERG, Roger
#director
27Jan12
@iaventures

#American #52yo
WEAVER, Paul logo
WEAVER, Paul
#secretary
26Mar18
0
HOROWITZ, Benjamin Abraham
#director
23Dec14
11Jan18 (res)
@AndreessenHorowitz

news

TransferWise becomes first non-bank to join BoE payment system
Financial Times 18Apr18
TransferWise to cross new border with multi-currency account
Reuters 09Jan18
Transferwise closes $280m funding from top investors led by IVP and Old Mutual
Bloomberg 02Nov17
TransferWise changes fees for GBP transfers, introduces complicated flat transaction fees
TechCrunch 23Oct17
Tech City UK sets up 'Fintech Delivery Panel'
FinExtra 13Sep17
5/27/2018 9:37:18 AM

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