Brexit prep, fintech edition

Earlier on Tuesday we reported that Transferwise CEO Taavet Hinrikus had not yet considered making FX-volatility related Brexit contingencies for June 23 or the day after:

When asked whether Transferwise was making contingencies for Brexit-related volatility or interbank dislocations, Hinrikus said he had not yet considered it and that the company would be providing business as usual.

Transferwise evidently had a re-think, since later on Tuesday it announced that…

In the same interview (which occurred last Friday) we asked Hinrikus what the company’s position on Brexit was?

He said a remain vote would be better for the company and for Europe. But if an exit did occur he didn’t think the company would have to relocate immediately and would over time evaluate the pros and cons of moving its HQ to, say, Berlin.

He also joked that if a British exit led to a wider Eurozone collapse this would in the long run be good for Transferwise business. ( More currencies, more transactions, innit? )