TransferWise founders brave New York cold for naked "nothing to hide" publicity stunt

Diego Cuenca

March 6, 2015

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Diego Cuenca

The estonian founders behind money transfer startup TransferWise led 200 demonstrators clothed only with underwear through a frigid Wall Street . The reason? To show the US that they have nothing to hide in regards to fees or practices. The company has raised $91m from names such as Richard Branson, Andressen Horowitz and Peter Thiel.

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Unwavered by one of the coldest winters on record in the Big Apple, over 200 demonstrators stripped down to just their underwear at lunchtime and marched through Wall Street. The protest was staged against the murky practices of financiers that impact billions of people the world over, including fees hidden on international money transfers. At nothing2hide.nyc, TransferWise has compiled a series of photos and videos from the stunt and provided more information about how banks hide money transfer fees within an artificially inflated exchange rate.

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