Wise
Global money transfers and multi-currency accounts
About
Founded in 2011 in London by Kristo Kaarmann and Taavet Hinrikus, Wise (formerly TransferWise) provides low-cost international money transfers and multi-currency accounts for consumers and businesses globally. The platform moves money across 160+ countries using its own payment network rather than the correspondent banking system, enabling transfers at the mid-market exchange rate with transparent fees. In fiscal year 2025, Wise served 15.6 million active customers, up 21% year-over-year, and generated 1.21 billion GBP in revenue. The Wise Business account enables companies to hold, send, and receive in 40+ currencies with multi-user access and integrations to accounting tools. Wise listed on the London Stock Exchange in 2021 and has been profitable for four consecutive years.
Products
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Wise Current Account
— A personal account for sending, receiving, spending abroad, and earning returns on your balance.
Customer sectors: personal users, travellers, relocators
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Wise Business
— An international business account to pay, get paid, and manage money in 40+ currencies for startups and scale-ups.
Customer sectors: startups, scale-ups, small businesses
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Wise Platform
— API platform enabling banks, institutions, and enterprises to send, receive, issue cards, and manage multi-currency accounts.
Customer sectors: banks, financial institutions, enterprises
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Wise Assets
— Option to earn variable returns on your everyday balance by investing in government bonds through Wise.
Customer sectors: personal users, savvy savers, investors
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Multi-currency debit card
— A debit card accepted in 160+ countries and 2 million ATMs worldwide for easy spending abroad.
Customer sectors: travellers, personal users, frequent spenders
Market research & competitive positioning
Source-backed TAM / SAM / SOM sizing, displacement analysis, and an interactive peer positioning map for Wise — available to members.
