These are the slides of the first talk of the second Tech Talk@TransferWise Singapore, which happened on the 1st of March 2018.
In this talk, we reveal how TransferWise uses data science to drive it's rapid growth. We share what is mission driven startup and explain TransferWise product pillars. Take a glimpse on the 'speed' pillar and how we reinforce it in product-engineering.
17. @nilanp
In our case a personal pain point helped to see
an epidemic dysfunction in the entire industry,
which lacked any natural force of
improvement or move towards resolution.
— Kristo Käärmann & Taavet Hinrikus@nilanp
52. @nilanp @balazsbarn
Money without borders.
Instant, convenient, transparent
and eventually free
We’re powering money for people and businesses:
to pay, to get paid, to spend, in any currency,
wherever you are, whatever you’re doing
58. @nilanp
Autonomous
independent teams that focus
on KPIs that make a difference
to customers and drive growth
@nilanp
Currencies OperationsVerificationConversion Experience ViralityMarketing
Regulated
and
available
Instantly
and almost
zero cost
IdentityOnboarding Worry Evangelism
Problem
awareness
92. @balazsbarn@nilanp
Each end-to-end estimate is the sum of independently calculated component estimates:
Estimate each step of the lifecycle
Got the
money!
(2h)
Money is on
it's way!
(1h)
Money
arrived!
(2h)
+ + +
KYC done!
(15 min)
+
Total estimated delivery time:
6 hours 15 minutes
Converted
the money!
(1h)
93. @balazsbarn@nilanp
Why the 60th percentile?
Why the 60th
percentile?
We moved from the 95th
percentile to
provide more accurate
rather than safer
estimations to match the
main happy path
payments.