Wise Founder Looks to Build Another Firm With 35,000% Returns

Taavet Hinrikus is scouting Europe for startups to back
Estonia native is considering ‘multiple things in climate’

Taavet Hinrikus, left, and Wise co-founder Kristo Kaarmann.
Source: Wise Plc

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By Benjamin Stupples

February 11, 2022 at 1:05 PM UTC

This article is for subscribers only.

Taavet Hinrikus turned his startup into the one of the world’s biggest digital-payment firms, giving returns of about 35,000% to early investors including Peter Thiel’s Valar Ventures.

Now Wise Plc’s co-founder wants to help other startups expand rapidly as he looks to boost his personal investments in early-stage companies across his home region of Europe.