Hot UK FinTech firm TransferWise closes $280m round

TransferWise has raised $280m in a round led by Old Mutual Global Investors (OMGI) and IVP, a Silicon Valley Venture fund, which has also invested in Snap, Dropbox and Twitter.

The company, which reached profitability in early 2017, is looking to expand in the APAC region and has plans to launch services in India.

To read more on TransferWise's raise, click here.