Brexit Pushes One of UK’s Biggest FinTech Startups to Move European HQ
The CEO of TransferWise, a money transfer company that is among the most successful FinTech startups in Europe, has said at a conference in London that it will be removing its European headquarters from the English capital to maintain access to the single market after Britain leaves the European Union (EU) in two years. Speaking at the International Fintech Conference in London, Taavet Hinrikus, who co-founded TransferWise with Kristo Kaarmann, in 2011, said that due to Brexit if they were to restart they would not pick Britain as its location choice. A report from Reuters states that....
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