TransferWise just let insiders dump $319M in company stock — and Draper Esprit cashed in big
Tech-focused venture fund Draper Esprit announced it has sold its remaining stake in UK fintech darling TransferWise for $22 million. Draper’s sales were part of a $319 million secondary deal in which TransferWise allowed insiders and early investors to cash in their stock. The deal awarded TransferWise a private valuation of $5 billion, up 43%…