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  1. Wise was cofounded in London by Taavet Hinrikus, one of the first employees of Skype, and Kristo Käärmann, a Deloitte management consultant. Hinrikus moved from Estonia to London around 2006, when he began experiencing the challenges of international money transfers.

  2. www.forbes.com › profile › kristo-kaarmannKristo Käärmann - Forbes

    4 days ago · Taavet Hinrikus and Kristo Käärmann, the duo behind the rising global money transfer business, named the UK's biggest entrepreneurs of 2015.

    • Cofounder
  3. Jul 17, 2021 · It all began when co-founders Kristo Käärmann and Taavet Hinrikus, two Estonians living in London, met at a party in 2007 and discovered they had a gripe in common: rip-off currency exchange...

  4. Jul 7, 2021 · The Estonian software engineers devised a simple solution: Hinrikus would transfer euros from his Estonian bank account into Käärmann's Estonian account, while Käärmann would transfer...

  5. Jun 27, 2022 · The UK’s Financial Conduct Authority has launched an investigation into Kristo Käärmann, the co-founder and chief executive of payments app Wise, over deliberately defaulting on tax payments.

    • Emma Dunkley
  6. Dec 13, 2023 · When international payments company Wise listed on the London Stock Exchange in 2021, Kristo Käärmann and fellow co-founder Taavet Hinrikus became Estonia’s first two billionaires.

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  8. Taavet, who was the first employee at Skype, lived in London but got paid in euros. Kristo worked for Deloitte, also lived in London, and got paid in pounds. But he had a mortgage in euros back in Estonia.