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Wise co-founder cashes in £81.5m stake to fund new tech bets
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fnlondon.comWise executive chairman Taavet Hinrikus has sold off a hefty £81.5m chunk of his personal stake in the fintech company in order to finance his growing pool of startup investments.
Hinrikus, a co-founder of the London-listed money transfer business formerly known as TransferWise, completed a sale of around 10 million Class A shares at a value of 815p per share, the firm said on 22 October.
The...
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