Richard Branson, London protests, £1 billion - a look back at 2014
Wise
07.01.15 (updated more than 1 year ago)
Read time 1 minute
2014 was a year of milestones in our crusade for a new, transparent world of finance.
In 2014 Wise got naked, moved £1 billion transparently and got Sir Richard Branson on board. We were honoured with awards, commended in parliament and held a funeral for hidden charges. In January we had 40 employees, in December we hit 240.
This is just the beginning for Wise – 2015, we're ready for you!
March
Wise wins the Financial Times Boldness in Business Award.
April
In April Wise had transferred its first £1 billion. Transparently and fairly.
Wise founders Taavet & Kristo:
"Today, we’re so proud of what we’ve achieved and it’s amazing to say that we’ve transferred £1bn. There’s no way we could have done any of this without all your trust and feedback. From Wise being just the two of us and a computer to today’s crack-team of 76 brilliant staff sending money across 176 currency routes, we’ve always felt quite humbled by the support we’ve received."
June
Sir Richard Branson joins our mission to stamp out hidden charges by joining a $25m investment.
In November Stop Hidden Fees was launched. Our aim? To change the law and end decades of hidden bank fees.
Days later 18,000 had signed the petition. UK MPs Chi Onwurah and Stephen Lloyd had given the petition their backing in Westminster. Soon after, Reuters reported that HSBC will be refunding some customers after charging them excessive foreign currency fees.
Taavet spoke about the campaign on Bloomberg TV. Watch back here.
In December, Tessa Jowell MP commended Stop Hidden Fees to parliament. The movement is gaining momentum, but we need your support. Sign the petition here.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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