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TransferWise
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Payments
Wise Joins AbbeyCross to Improve Connectivity and Rates in FX Payments
2024-09-10T11:47:35.598+02:00
Wise Platform enables cross-border payments in over 40 currencies and 160 countries.
The ABX Platform gives clients single-integration access to multiple FX payment providers.
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Nubank Teams Up with Wise to Expand International Financial Offerings
2024-04-08T17:27:30.127+02:00
Wise Platform has 85 global partners including Bank Mandiri, Shinhan Bank and Google Pay.
Nubank has over 90 million customers in South America, with 85 million in Brazil.
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Payments
Wise Elevates FY24 Outlook amid Q2 Figures: Revenue, Volume Rise
2023-10-12T09:31:59.200+02:00
The company ended the quarter with a revenue of £258.7 million.
It is now expecting a higher profit margin for FY24 than expected.
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FinTech
Enhancing Cross-Border Payment Choices: Swift and Wise Collaborate
2023-09-22T07:30:50.838+02:00
Collaboration secures flow of payments through the Swift network via Wise.
It aligns with G20 and UN sustainable development goals.
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FinTech
Wise Reports 33% Jump in Active Customer Base to 6.7 Million
2023-07-18T09:14:32.873+02:00
The cross-border payments firm reported a revenue increase of 29%
In addition, Wise elevated its volume to £28.2 billion.
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FinTech
Startup Atlantic Money Accuses UK Fintech Wise of Targeting Its Business
2023-01-27T16:17:02.741+02:00
Wise runs currency transfer sites such as Exiap, Geldtransfer and Currencyshop.
The London-based company says it is not afraid of listing cheaper competitors.
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FinTech
Wise's H1 FY23 Income Jumps 63%
2022-11-29T11:14:04.511+02:00
The revenue of the company increased by 55 percent in the period.
The number of active customers has jumped significantly.
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FinTech
Wise Granted Investment License in Estonia. Plans to Launch ‘Assets’ in Europe
2022-10-26T10:06:24.406+02:00
After launching Assets in Estonia, Wise wants to introduce its service to other EU countries.
Assets allow customers to invest their money while maintaining constant access to their savings.
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FinTech
Wise Introduces Intermediary SWIFT Connection Service for Neobanks
2022-09-12T18:53:53.625+02:00
The new platform has gone live.
The service is also beneficial to established banks, Wise says.
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FinTech
UAE’s Free Zone Regulator FSRA Fines Wise $360k for Gaps in AML System
2022-08-30T16:37:03.859+02:00
No actual instance of money laundering was found.
FSRA said Wise has taken 'substantial steps' to cover identified gaps.
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Solomon Oladipupo
News
Wise Sees 51% YoY Growth in Revenue during Q1 FY23
2022-07-19T09:39:17.890+02:00
The total number of active personal clients jumped 37%.
Total volume reached £24.4 billion in the latest quarter.
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FinTech
Tax Violation: FCA Opens Investigation on Wise’s CEO after £365k Fine
2022-06-27T15:53:03.795+02:00
In September 2021, the FCA listed Kaarmann as one of several 'deliberate tax defaulters'.
Wise will fully cooperate with the FCA, report says.
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FinTech
Fintech Firm Wise Plans to Add Up to 150 Jobs in Its Singapore Office
2022-02-16T18:00:00.000+02:00
Wise aims to create 150 new jobs in Singapore.
The fintech considers Singapore as its Asia-Pacific hub.
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News
Wise Posts 34% YoY Jump in Revenues during Q3 FY2022
2022-01-19T12:27:17.531+02:00
Volumes climbed by almost 38% compared to the same period in FY2021.
In Q3, Wise supported more than 4 million customers to complete cross-border transfers.
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Executive Moves
Wise Welcomes Terri Duhon to the Board
2021-12-09T14:17:55.376+02:00
Duhon joined the Board as an Independent Non-Executive Director.
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News
Wise Reports 33% YoY Growth in Revenues during H1 FY22
2021-11-30T13:53:00.000+02:00
In the first six months of FY22, Wise generated £256.3 million in revenue.
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FinTech
Wise Signs Partnership with E-commerce Marketplace Fruugo
2021-11-26T17:03:00.000+02:00
Fruugo merchants could use Wise Business account details to receive earnings in many currencies.
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Felipe Erazo
News
Wise Posts 25% Jump in Q2 Revenue as Remittance Skyrockets
2021-10-19T11:26:51.000+02:00
Almost 4 million customers made transactions on the platform in the quarter.
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News
London Fintech Wise Posts 43% Jump in Q1 Revenue
2021-07-20T17:08:01.000+02:00
The platform ended the quarter with 3.4 million personal customers.
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News
UK Fintech Wise Plans Direct Listing on LSE
2021-06-17T12:38:18.000+02:00
The company will float at least 25 percent of its share on the exchange.
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News
South Korea’s Shinhan Bank Collaborates with Wise
2021-06-03T14:55:40.000+02:00
Shinhan announced the partnership with Wise to offer faster and cheaper international money transfers.
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News
TransferWise Rebrands to Wise as Services Go Beyond Remittance
2021-02-22T10:11:22.000+02:00
The company will operate from its new domain wise.com.
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Payments
Visa Announces Global Partnership with TransferWise
2021-01-27T10:09:39.000+02:00
TransferWise is planning to use Visa Cloud Connect infrastructure for global expansion.
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Payments
TransferWise Deepens Mastercard Tie for Global Expansion
2020-08-20T13:42:21.000+02:00
This will allow the payments company to issue TransferWise cards in almost all countries.
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Payments
TransferWise Continues Asia Expansion with Alipay Partnership
2020-03-17T09:01:30.000+02:00
The partnership facilitates instant transfers to China for 17 currencies.
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See more
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