With Eye on Brexit, TransferWise to Open Belgian Office

In an effort to ensure it can keep operating after Brexit, British money transfer company TransferWise will open a new office in Brussels and apply for a European license. The company said it would continue to grow its main headquarters in London, but would hire a “small team” to become the first employees at its Belgian new office. TransferWise chief executive Kristo Käärmann commented, “a Belgian license ensures we can continue to provide a great service globally to our customers, whatever happens with the Brexit deal.” Source.

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!