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Business Daily: Business Daily Meets: Estonia’s first billionaire

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16/05/2022 GMT

Business Daily Meets: Estonia’s first billionaire

BBC World Service - Business Daily, Business Daily Meets: Estonia’s first billionaire

Kristo Käärmann tells us how a €500 mistake led to a multi-billion dollar business.

Kristo Käärmann, co-founder and CEO of TransferWise explains how losing €500 on an international banking transfer led to the creation of a multi-billion dollar business.

In the first episode of our new strand - Business Daily Meets - we hear from Estonia’s first billionaire, Kristo Käärmann.  

In this in-depth interview the TransferWise (now Wise) co-founder and CEO explains how a €500 loss led to the creation of a multi-billion dollar business. 

He tells us about creating something from nothing, keeping his ego in check, and insists saving customers $1 billion a year is only the start of the journey.

Presenter: Rahul Tandon
Producer: Sam Clack

Image: Kristo Käärmann; Credit: Jake Farra/Wise

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