Matt Briers

CFO, taking a break

Matthew Briers is the Chief Financial Officer (CFO) of Wise, a global money transfer company. Here are some key details about his career and background:

Professional Experience

CFO at Wise: Briers has served as CFO of Wise since September 2015, a position he has held for nearly 8 years.1 3 During his tenure, he helped scale the company from serving around 500,000 customers to over 16 million users worldwide.1
Previous Roles:
- Head of Sales Finance, UK at Google (2012-2015)
- Head of Strategy, Asset Finance at Lloyds Banking Group (2009-2012)
- Manager at Bain & Company (2005-2009)
- Senior Business Analyst at Capital One (2002-2005)
- Associate Consultant at L.E.K. Consulting (1999-2002)5

Education

Briers studied Engineering, Economics and Management at the University of Oxford from 1995 to 1999.5

Recent Developments

In May 2023, Wise announced that Briers would be stepping down from his role as CFO by March 2024.1 2 This decision came after Briers was involved in a serious bicycle accident in 2022, from which he is still recovering.2 He plans to focus on making a full recovery after leaving his position at Wise.1

Compensation

For the fiscal year 2023, Briers received a total compensation of £336,000, which was higher than CEO Kristo Käärmann's pay of £206,000.3 The company announced a 20% increase in Briers' salary for 2024 to bring it more in line with similar-sized businesses.3

Matthew Briers has played a significant role in Wise's growth and financial success during his tenure as CFO, helping to transform it from a startup to a publicly-listed fintech company.4