Wise is a global financial technology company that provides international money transfers, multi-currency accounts, and related financial services. It was founded in 2011 under the name TransferWise and later rebranded to Wise to reflect its broader product offering beyond transfers.
The company was founded by Taavet Hinrikus and Kristo Käärmann and is headquartered in London, United Kingdom. Wise operates in more than 70 countries and serves millions of individuals and businesses worldwide. It is publicly listed on the London Stock Exchange under the ticker symbol WISE.
Wise’s core products include international money transfers, multi-currency accounts that allow users to hold and manage money in dozens of currencies, a debit card for spending internationally, and business accounts for companies that make cross-border payments. Wise also offers Wise Platform, which allows banks and businesses to integrate Wise’s international payment infrastructure into their own products.
The company’s main value proposition is low-cost, transparent international payments. Wise uses the mid-market exchange rate and charges a clearly displayed upfront fee, avoiding the hidden markups commonly used by traditional banks. Its system relies on local settlements rather than physically moving money across borders, which helps reduce costs and speed up transfers.
Wise is not a traditional bank. It operates under electronic money regulations, meaning customer funds are safeguarded but not lent out. The company generates revenue primarily from transfer fees, currency conversion fees, business account services, and certain card-related charges.
Wise’s mission is “money without borders,” aiming to make international money movement cheaper, faster, and more transparent for individuals and businesses around the world.
This code will approve a transfer from your Wise account for 45 EUR. Never share this code. It's 893622