“I’ve never referred to our valuation as being a compliment, or flattering or important in any way,” he told me. Regards today’s funding round — which I heard actually closed a couple of months ago, and brings total raised by TransferWise to $117 million — Hinrikus told me it will be used to improve the loss-making startup’s balance sheet as it continues to plough all revenue into future growth.

http://techcrunch.com/2016/05/25/money-transfer-company-transferwise-raises-further-26m-at-1-1b-valuation/