Estonian TransferWise hires Netflix’s ex-chief financial officer

Estonian-led financial transactions start-up TransferWise has announced expansion of its board of directors with the former chief financial officer of the American online television service Netflix, David Wells.

It was announced on Thursday, July 18, by one of the firm’s founders Kristo Käärmann on the blog of TransferWise, an international money transfer provided established eight years ago.

«So, I’m excited to announce that today we are appointing two independent non-executive Directors to our board. Until now, our Board has been composed of myself, my co-founder Taavet, and two of our investors – Alex Rampell from Andreessen Horowitz and Roger Ehrenberg from IA Ventures,» Käärmann wrote.

Netflix’s former executive David Wells was described in the blog post:

«While CFO at Netflix, global payments were one of David’s responsibilities. He brings payments experience from the customer side of consumer internet. (..) David’s experience will help us as we scale to deliver on our mission».
Earlier in 2019, TransferWise, which is headquartered in the UK was valued at 3.1 billion euros, making it Europe’s leading financial technology start-up by value.

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