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TransferWise rebrands as Wise ahead of possible IPO move


TransferWise, the British-based money transfer business has changed its name to Wise. The move is in anticipation of a potential initial public offering, or IPO bid.

The possible flotation is the culmination of nearly a decade’s work by founders Taavet Hinrikus and Kristo Kaarmann. TransferWise has recently been valued at $5 billion by private investors.

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