Wise PLC

Ticker:
WISE

Industry:
Consumer Finance

Nr of employees:
2880

Headquarters:
London, UK

Website:
https://wise.com/owners/

Key people

Kristo Käärmann
Co-founder and CEO
Taavet Hinrikus
Co-founder
Matthew Briers
CFO

Description

Wise (former TransferWise) is a neo-banking group from Estonia. The company aims to revolutionize currency exchange and cross-border payments market by offering cheaper, faster and more transparent transfer service. The company offers four core products - Wise Transfer, Wise Account, Wise Business and Wise Platform.

Wise Transfer aims to offer cheap, fast and convenient way to send money abroad. The customers are able to send money in various currencies to more than 80 countries, covering more than 85% of the world's bank accounts.

Wise Account offers multi-currency banking solutions, allowing to send and spend money internationally and hold money in 56 currencies. Customers are able to get real account numbers in ten currencies.

Wise Business is a service targeted at business clients. The service has all the features of Wise Account plus extras tailored to the needs of small and medium businesses, like bank feeds, mass payouts and multi-user access.

Wise Platform is a specialized platform used by banks, credit unions, financial institutions and enterprise partners, providing customers cheaper, faster payments and account features. Wise Platform is live with 15 banks in 11 countries accross 4 continents.