Wise is a financial technology company that provides international money transfer services for individuals and businesses. It offers a fast, convenient and low-cost way to transfer money across borders.
Founded in 2010 as TransferWise by Estonian entrepreneurs Kristo Kaarmann and Taavet Hinrikus
In 2018, company was renamed to Wise
As of 2021, Wise has more than 10 million customers and moves over u00a35 billion every month
An American company that provides online money transfer and payment services.
An online money transfer service that allows users to send money, pay bills, and reload mobile phones from the United States to over 130 international destinations.
A financial services and communications company that enables its customers to send and receive money worldwide.
Enables users to send money overseas quickly, easily, and at a low cost.
A digital account that lets users hold and manage money in multiple currencies.
A suite of tools specifically designed to help businesses manage international payments, invoices, and expenses.
Yes, Wise is safe to use for international money transfers. The company is authorized and regulated by the Financial Conduct Authority and the funds are transferred using a secure, encrypted network.
Wise transfers usually arrive within 1-2 business days, although it may take longer depending on the destination country and the selected payment method.
Wise charges a small upfront fee and uses the mid-market exchange rate, which is the real exchange rate that banks use to trade currencies. This means that their transfer fees are significantly lower than traditional banks and money transfer operators.
Yes, Wise has a mobile app that enables users to make international money transfers from their mobile phones. The app is available for both iOS and Android devices.
Wise supports over 60 currencies and enables users to send and receive money from more than 70 countries worldwide.