Assertion Supported AI assessment confidence: 98% certainty 5/5 debate potential 1/5

TransferWise generated over $100 million in revenue and $8 million profit

Taavet Hinrikus · 1233 With 4m Customers, $4b Transfered Every Month, is Transferwise The Cheaper Bank Of The Future? · Dec 9, 2018 · at 8:05

Taavet Hinrikus, co-founder of TransferWise, confirms reported financial results for the fiscal year ending March 2018.

0:00 / 0:07exact quote · 7.2s

720p mp4 · rendered on demand · StarZero watermark

“If our financial report wasn't accurate, something would be severely wrong. So these numbers are as accurate as it gets.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

TransferWise generated over $100 million in revenue and roughly $8 million in after-tax profit for the fiscal year ending March 2018.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

TransferWise's audited financial statements filed with UK Companies House for the fiscal year ending March 31, 2018, fully corroborate both figures. The company reported statutory annual revenue of £117 million (approximately $148M–$151M USD at prevailing exchange rates), comfortably exceeding the 'over $100 million' threshold. Furthermore, its post-tax net profit for the period was £6.2 million (approximately $7.9M–$8.0M USD), precisely matching the claim of 'roughly $8 million in after-tax profit.'

UK Companies House statutory accounts for TransferWise Ltd for the fiscal year ended March 31, 2018 reported revenue of £117 million ($148M–$151M USD).
Audited after-tax net profit for the fiscal year ended March 31, 2018 was reported at £6.2 million ($7.9M–$8.0M USD).

Checked against

[1] pymnts.com [2] forbes.com [3] taltech.ee [4] venturebeat.com [5] forbes.com [6] businessinsider.com [7] service.gov.uk [8] wise.com

Wise plc formerly TransferWise March 2018 Companies House accounts revenue profit TransferWise annual report year ended 31 March 2018 Companies House revenue profit TransferWise revenue profit fiscal year ended March 2018 117 million 6.2 million TransferWise 2018 financial results revenue net profit Companies House

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

TransferWise

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Assertion Not publicly verifiable

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Assertion Supported

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Assertion Supported

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Assertion Partly supported

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TransferWise generated over $100 million in revenue and $8 million profit

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