Working at TransferWise | Glassdoor.co.uk

TransferWise Overview

London, England
1001 to 5000 employees
2011
Company - Private
Financial Transaction Processing
Unknown / Non-Applicable
People on every continent are choosing TransferWise to help them live, travel and work internationally. We’re the fairest, easiest way to manage your money across borders.

Built by and for people who live global lives, we make sending money abroad ... Read more

Mission: Money without borders - instant, convenient, transparent and eventually free. We’re powering money for people and businesses in their increasingly global lives - to pay, to get paid, to spend, in any currency, wherever you are, whatever you’re doing.

Company Updates

  • “Tech start-ups are famous – or perhaps infamous – for their idiosyncratic offices. But what happens when the start-up grows up?”

    Check out the story behind our Shoreditch HQ — from a former bacon factory to an innovative tech space.

    http://glassdoor.com/slink.htm?key=vMYyB

    Office Space: The weird and wonderful Shoreditch HQ of tech firm TransferWise - CityAM

    Tech start-ups are famous - or perhaps infamous - for their idiosyncratic offices filled with ping pong tables and hammocks and games consoles. But what happens when the start-up grows up? This is the position in which TransferWise finds itself: now eight years old, with nine offices around the globe and a total head-count of more than 1,700, it's no longer a plucky upstart.

  • We’re thrilled to have been listed #6 on Hired’s list of top employers for tech talent in London �� ����

    In the past year our UK office has grown by over 100 employees, and we’re hiring for almost 40 roles at the moment! Interested to join? Check out our open roles here �� http://glassdoor.com/slink.htm?key=vMyeK

    http://glassdoor.com/slink.htm?key=vMyeT

    Ranked: The most popular employers for UK tech talent - CityAM

    Monzo, Skyscanner and the BBC are the most desirable companies to work for among UK tech talent, according to a survey published today. The survey, compiled by recruitment firm Hired, revealed fintech firms remain among the most attractive employers for techies, with Transferwise, Starling Bank and Revolut all making it into the top 10.

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TransferWise Video

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TransferWise – Why Work For Us?


Since 2011, we’ve had a clear mission: money without borders. Built by and for people who live global lives, we’re the fairest, easiest way to manage your money across borders.

We’re just at the beginning of our story and we’re growing at an incredible pace. We won’t stop until anyone, anywhere can send, spend and receive money wherever they are, whatever they’re doing. There’s still heaps to do and we can’t do it alone.

We’re not done yet

Today, customers have paid over £1 billion into their borderless accounts and are transferring more than £2 billion overseas every month with TransferWise, saving themselves £60 million every month. Yet we’re moving less than 1% of the world’s money. The scope of what we want to achieve and how much opportunity there is to grow is immense.

The same opportunity is true of a career here. There’s new problems to solve, challenges to overcome and opportunities to impact our customers every single day.

Read more about our story:

From 2 founders to 1000 employees - how a small-scale start-up grew into a global community

TransferWise Mission

Visit transferwise.com/careers to join us

At TransferWise, we do things a bit differently. Our strategy doesn’t emerge from the top-down, with a corporate hierarchy and a small group of people making decisions on behalf of everyone.

Instead, it emerges from the collective brainpower of all our people, who are organised in dozens of independent, autonomous teams. Teams make their own decisions. They stay closest to our customers, so they choose what problems to solve and where to spend the most time. This means they can move fast and run multiple projects at the same time.

So how does this work?

Well, each team picks a problem they want to solve. This could be adding a new currency route,  implementing a price drop or even figuring out what skills we need to grow our business. Whatever the problem, our teams talk to our customers, study data, get creative and decide themselves how to work together to make it happen.

Teams always seek feedback and anyone can challenge a team on what they’re doing. So they must be able to explain how their focus benefits our customers.

We hire smart people and we trust them

We give a lot of trust to our teams and they need to be comfortable with that freedom. It’s not just about coming up with bold ideas, it’s about delivering them and being accountable for the outcome.

With so many big, impactful projects to get your hands on and no complicated approvals or buy-in processes that take months, a career at TransferWise will give you radical levels of ownership and empowerment. Plus the opportunity to see the direct impact of your work on our customers.

Read what it’s like to work here from our employees:

Product Design and Autonomy at TransferWise

What it's like to be an engineer at TransferWise in the Budapest office

We know everyone needs a little something different to do their best work. That’s why we offer all our employees:

Sharing our success

One of the ways we attract mission-driven people to our organisation is by offering all our employees a competitive salary along with stock options. This is because we’re all creating TransferWise together and we want to share the value of our success as one of Europe’s fastest growing companies.

Flexibility and trust

When it comes to things like time off for children, working from home, school plays, volunteering and more, our belief in flexible working largely renders a ‘company policy’ irrelevant. We believe in a culture of trust and assess performance on impact, not how much time is spent in the office.

It’s a marathon, not a sprint

We know working at TransferWise is challenging and all our people go above and beyond for our customers. Because of this, after 4 years at TransferWise, you’ll have the option to take a paid sabbatical -  6 weeks paid time off and £1,000 financial support in addition to your annual leave. This is intended to reward the time and effort that you’ve put into TransferWise and give you a long enough period to fully switch off and reflect back on your journey.

A home away from home

We’ve created office environments where people enjoy coming in and where everyone can do their best work. All our offices are pet-friendly and true to our Estonian roots, almost all our offices have a sauna! We also enjoy daily free breakfast and weekly team lunches and subsidise your activity club if you have a specific interest or hobby in mind.

Work hard, play harder.

Every year, we take all our employees on a paid company trip. The goal is to bring everyone together, have fun and celebrate our mission.Despite our rapid growth in size (we almost doubled our size from the year before), it’s truly important to maintain our founding culture and keep people as excited about our mission as they were when we launched.



TransferWise is made of people who care deeply about our mission, get stuff done, put customers first and work to avoid unnecessary drama.

We’re revolutionising an industry. It can be chaotic and challenging. Change is constant. Sometimes we fail, and that’s okay. It’s a great way to learn.

Read about why we’re here, how we act and how we work in our Culture compass guide for new joiners.

Value #1. This isn’t just a job, we’re a revolution.

We’re making a positive, important change in the world.

We can’t do this hanging out in our comfort zones.

No-one can do this alone, we need each other.

Value #2. We get it done.

We break through walls to make amazing things happen.

We take ownership of what we do. This thing belongs to all of us.

We take care of ourselves and each other.


Value #3. Customers > Team > Ego

We’re working to create a better world for our customers - that’s the whole point.

Customer voices should always be the loudest. We listen to and serve them as a team.

Ego? Vanity? No. Stay humble.

Value #4. No drama. Good karma.

We start by assuming everyone has good intentions.

We respect each other’s worldviews and challenge arguments, not individuals.

We’re open and honest - no hidden agendas here.

An internship at TransferWise is your chance to develop your skills within one of Europe’s fastest growing companies. You’ll learn by doing, working directly with our teams to take on real-world projects that impact millions of people around the world.

Product Engineering Bootcamp

Lasting 3 months you can apply to join one of our engineering hubs in Tallinn, London, Budapest, Singapore or Cherkasy. You’ll join one of our teams as a developer and build real-world products that matter. There will be the opportunity to join us in a permanent role at the end of the internship.

Read about Smaranda’s Bootcamp experience

Apply for the internship

Show us your skills at TransferWise Hackathon

Students, hackathon enthusiasts and TransferWise mentors come together once a year in April for 2 intense days of collaboration in our Tallinn office. The goal is to turn big ideas into a working product. It’s an opportunity to experience what it’s really like to work in FinTech product development in a challenging yet fun environment. We also keep our eyes peeled to offer the most brilliant minds the chance to join TransferWise.

Follow ourHackathon Facebook pagefor updates.

4 reasons why our Hackathon rocks!

TransferWise Reviews

  • Featured Review

    Helpful (3)

    "Fun place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Events Project Manager in London, England
    Current Employee - Global Events Project Manager in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TransferWise full-time (More than 5 years)

    Pros

    Colleagues are absolutely wonderful. There are so many smart and creative people together. I am inspired by them and what they do every day.
    If you are open to learning there are so many things to learn. You just need to see where you can help and do it. I enjoy choosing my own new challenges and working in an open and honest environment.
    I love it that even though I have been here for 5 years the company still feels like a startup to work in. We are just a bit better structured in many ways. The feeling is still there.

    Cons

    While I enjoy autonomous teams and working this way, it is not for everyone. I would suggest thinking about this when applying for a job and trying to find out if this environment is one where you can thrive.
    There is a lot of information to learn and it may not be as straightforward as a new joiner may expect. We are definitely getting better at it and have made massive steps forward.

See All 336 Reviews

TransferWise Photos

TransferWise photo of: All our offices are pet friendly
TransferWise photo of: We love our office dogs
TransferWise photo of: London office
TransferWise photo of: Workshop in the London office
TransferWise photo of: ArtWise session in London office
TransferWise photo of: Summer Days
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TransferWise Interviews

Experience

Experience
55%
16%
29%

Getting an Interview

Getting an Interview
83%
10%
3%
1
1
1
1

Difficulty

2.9
Average

Difficulty

Hard
Average
Easy
  1. Featured Interview

    Helpful (9)  

    HR Interview

    Anonymous Employee in London, England
    Accepted Offer
    Positive Experience
    Difficult Interview

    Application

    I applied online. The process took 4+ weeks. I interviewed at TransferWise (London, England) in December 2018.

    Interview

    The interview process was competency, motivation and attribute based. This was well designed and thought out. This involved a video interview with the recruiter, a video interview with the lead, a presentation and a final in-person interview with the lead.

    Interview Questions

    • Provide an example of where you have received feedback. What was the situation? How did you feel? What did you then do about the feedback?   Answer Question
See All 232 Interviews

TransferWise Awards & Accolades

  • PRCA In-House PR Team of the Year, https://www.prcadareawards.com/winners-south-east, 2019
  • Best International Money Transfer Service, Mozo Experts Choice Award, 2019
  • Top 10 Women in Fintech Powerlist - Flora Coleman, Innovate Finance, 2019
  • #1 midsize workplace in Tampa Bay, Tampa Bay Times, 2019
  • #6 Top 10 London Employer Brands, Hired, 2019
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