TransferWise has completed a £65 million syndicated debt facility with NatWest

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TransferWise has completed a £65 million syndicated debt facility with NatWest

  • It has over four million customers and moves £3 billion of money on behalf of customers each month
  • Revolving loan provides “cost effective working capital”
  • TransferWise got Dutch challenger bank bunq in the trunk
  • Integrating with TransferWise’s API to enable its customers to send money in up to 15 different currencies directly from the bunq app
  • TransferWise became the first non-bank payment service provider (PSP) to directly access the UK’s Faster Payments system