Wise
What it does
Wise (formerly TransferWise) was founded in 2011 by Kristo Käärmann and Taavet Hinrikus to provide transparent, low-cost international money transfers. The company operates a peer-to-peer transaction network that bypasses traditional bank wire markups by settling payments locally. Listed on the London Stock Exchange, Wise is a global benchmark for borderless multi-currency consumer and corporate accounts.
Diaspora remittancesMulti-currency accountsFX / currency exchangeCross-border B2B payments
Known for
- Pioneering mid-market FX fee transparency
- Wise multi-currency borderless accounts
- Global peer-to-peer money transfer engine
- Publicly traded global fintech leader
Model & industry
Payments-as-a-ServiceSaaSAll / Cross-industry