diff --git a/src/krist/wallets/utils.ts b/src/krist/wallets/utils.ts
index aa66110..b39bd32 100644
--- a/src/krist/wallets/utils.ts
+++ b/src/krist/wallets/utils.ts
@@ -33,7 +33,7 @@
 
 /** Hook that fetches the wallets from the Redux store. */
 export function useWallets(): WalletsHookResponse {
-  const { wallets } = useSelector((s: RootState) => s.wallets, shallowEqual);
+  const wallets = useSelector((s: RootState) => s.wallets.wallets, shallowEqual);
   const walletAddressMap = Object.values(wallets)
     .reduce((o, wallet) => ({ ...o, [wallet.address]: wallet }), {});
 
diff --git a/src/pages/transactions/send/SendTransactionForm.tsx b/src/pages/transactions/send/SendTransactionForm.tsx
index 630773e..98f90dd 100644
--- a/src/pages/transactions/send/SendTransactionForm.tsx
+++ b/src/pages/transactions/send/SendTransactionForm.tsx
@@ -8,6 +8,10 @@
 import { useTranslation, Trans } from "react-i18next";
 import { TranslatedError } from "@utils/i18n";
 
+import { useSelector, useDispatch } from "react-redux";
+import { RootState } from "@store";
+import { setLastTxFrom } from "@actions/WalletsActions";
+
 import { useWallets, useMasterPasswordOnly, Wallet } from "@wallets";
 import { useMountEffect } from "@utils";
 
@@ -24,6 +28,9 @@
 
 import "./SendTransactionForm.less";
 
+import Debug from "debug";
+const debug = Debug("kristweb:send-transaction-form");
+
 // This is from https://github.com/tmpim/Krist/blob/a924f3f/src/controllers/transactions.js#L102
 // except `+` is changed to `*`.
 const METADATA_REGEXP = /^[\x20-\x7F\n]*$/i;
@@ -36,23 +43,39 @@
 }
 
 interface Props {
+  from?: Wallet | string;
+  to?: string;
   form: FormInstance<FormValues>;
   triggerSubmit: () => Promise<void>;
 }
 
 function SendTransactionForm({
+  from: rawInitialFrom,
+  to: initialTo,
   form,
   triggerSubmit
 }: Props): JSX.Element {
   const { t } = useTranslation();
 
-  // Used to get the initial wallet to show for the 'from' field
-  // TODO: Remember this value?
-  const { addressList } = useWallets();
-  const initialFrom = addressList[0] || "";
+  // Get the initial wallet to show for the 'from' field. Use the provided
+  // wallet if we were given one, otherwise use the saved 'last wallet',
+  // or the first wallet we can find.
+  const initialFromAddress = typeof rawInitialFrom === "string"
+    ? rawInitialFrom : rawInitialFrom?.address;
+
+  const { addressList, walletAddressMap } = useWallets();
+  const firstWallet = addressList[0];
+
+  // Validate the lastTxFrom wallet still exists
+  const dispatch = useDispatch();
+  const lastTxFrom = useSelector((s: RootState) => s.wallets.lastTxFrom);
+  const lastTxFromAddress = lastTxFrom && addressList.includes(lastTxFrom)
+    ? lastTxFrom : undefined;
+
+  const initialFrom = initialFromAddress || lastTxFromAddress || firstWallet;
 
   const [from, setFrom] = useState(initialFrom);
-  const [to, setTo] = useState("");
+  const [to, setTo] = useState(initialTo);
 
   // Focus the 'to' input on initial render
   const toRef = useRef<RefSelectProps>(null);
@@ -60,9 +83,23 @@
     toRef?.current?.focus();
   });
 
-  function onValuesChange(_: unknown, values: Partial<FormValues>) {
+  function onValuesChange(
+    changed: Partial<FormValues>,
+    values: Partial<FormValues>
+  ) {
     setFrom(values.from || "");
     setTo(values.to || "");
+
+    // Update and save the lastTxFrom so the next time the modal is opened
+    // it will remain on this address
+    if (changed.from) {
+      const currentWallet = walletAddressMap[changed.from];
+      if (currentWallet && currentWallet.address !== lastTxFromAddress) {
+        debug("updating lastTxFrom to %s", currentWallet.address);
+        dispatch(setLastTxFrom(currentWallet));
+        localStorage.setItem("lastTxFrom", currentWallet.address);
+      }
+    }
   }
 
   return <Form
@@ -78,7 +115,7 @@
 
     initialValues={{
       from: initialFrom,
-      to: "",
+      to: initialTo,
       amount: 1,
       metadata: ""
     }}
@@ -139,6 +176,8 @@
 }
 
 interface TransactionFormHookProps {
+  from?: Wallet | string;
+  to?: string;
   onError?: (err: Error) => void;
   onSuccess?: (transaction: KristTransaction) => void;
 }
@@ -152,6 +191,8 @@
 }
 
 export function useTransactionForm({
+  from: initialFrom,
+  to: initialTo,
   onError,
   onSuccess
 }: TransactionFormHookProps = {}): TransactionFormHookResponse {
@@ -287,6 +328,8 @@
   // Create the transaction form instance here to be rendered by the caller
   const txForm = <>
     <SendTransactionForm
+      from={initialFrom}
+      to={initialTo}
       form={form}
       triggerSubmit={onSubmit}
     />
diff --git a/src/store/actions/WalletsActions.ts b/src/store/actions/WalletsActions.ts
index 3bad1f0..aa188d2 100644
--- a/src/store/actions/WalletsActions.ts
+++ b/src/store/actions/WalletsActions.ts
@@ -38,3 +38,5 @@
 export interface RecalculateWalletsPayload { wallets: Record<string, string> }
 export const recalculateWallets = createAction(constants.RECALCULATE_WALLETS,
   (wallets): RecalculateWalletsPayload => ({ wallets }))<RecalculateWalletsPayload>();
+
+export const setLastTxFrom = createAction(constants.SET_LAST_TX_FROM)<Wallet>();
diff --git a/src/store/constants.ts b/src/store/constants.ts
index f5bf7fc..31a24fc 100644
--- a/src/store/constants.ts
+++ b/src/store/constants.ts
@@ -17,6 +17,7 @@
 export const SYNC_WALLETS = "SYNC_WALLETS";
 export const UNSYNC_WALLET = "UNSYNC_WALLET";
 export const RECALCULATE_WALLETS = "RECALCULATE_WALLETS";
+export const SET_LAST_TX_FROM = "SET_LAST_TX_FROM";
 
 // Settings
 // ---
diff --git a/src/store/reducers/WalletsReducer.ts b/src/store/reducers/WalletsReducer.ts
index 63fc2ea..38e4e4f 100644
--- a/src/store/reducers/WalletsReducer.ts
+++ b/src/store/reducers/WalletsReducer.ts
@@ -8,11 +8,15 @@
 
 export interface State {
   readonly wallets: WalletMap;
+  readonly lastTxFrom: string;
 }
 
 export function getInitialWalletsState(): State {
   const wallets = loadWallets();
-  return { wallets };
+  return {
+    wallets,
+    lastTxFrom: localStorage.getItem("lastTxFrom") || ""
+  };
 }
 
 function assignNewWalletProperties(state: State, id: string, partialWallet: Partial<Wallet>, allowedKeys?: (keyof Wallet)[]) {
@@ -102,5 +106,8 @@
       .reduce((o, wallet) => ({ ...o, [wallet.id]: wallet }), {});
 
     return { ...state, wallets: { ...state.wallets, ...updatedWallets }};
-  });
+  })
+  // Set last transaction from
+  .handleAction(actions.setLastTxFrom, (state, { payload }) =>
+    ({ ...state, lastTxFrom: payload.address }));