International money transfer disrupter TransferWise is beefing up its local team and appointing a board for the region, with chief executive Taavet Hinrikus keen to take advantage of the slow-moving big banks.
The local expansion comes as the volume of transactions being processed by the fintech disrupter leapt 53 per cent in a year.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
