Archives

July 20, 2022 @ 9:41 am By JD Alois  |  

Wise, a global transfers, payments and stealth bank, has reported its Q1 2022 performance. According to the company, it facilitated over £24 billion in transactions during the quarter increasing 49% versus Q1 year prior. In comparison to Q4 2021, Wise delivered a 14% increase (£21.4… Read More

June 29, 2022 @ 7:54 am By Omar Faridi  |  

Taavet Hinrikus, the Co-founder of Fintech firm Wise, has launched Plural, a €250 million (appr. £216 million) investment platform aimed at supporting a new generation of technology startups and digital entrepreneurs. Other founders of the Group reportedly include Songkick businessman Ian Hogarth, tech investor Khaled… Read More

May 31, 2022 @ 12:27 pm By Omar Faridi  |  

The team at Fintech Monzo notes that you can now send funds abroad from your Monzo Business account. Monzo confirmed that they have partnered with global Fintech firm Wise (LSE:WISE) in order to give clients a simple, affordable way to send funds overseas. The money… Read More

February 20, 2022 @ 10:17 pm By Omar Faridi  |  

Cross-border payments Fintech Wise (LSE:WISE) intends to hire around 150 professionals for its Singapore business offices in 2022. Wise‘s management noted that this includes key roles focused on engineering, product development, design, analytics, compliance, payments and various other operations in order to support ongoing product… Read More

January 30, 2022 @ 9:18 pm By Omar Faridi  |  

Wise clients across the globe will now have the option to conduct quick, seamless and cost-effective global fund transfers to Weixin users residing in China from 11 different currencies, including SGD, USD and GBP. Wise (LON:WISE), the international tech firm focused on creating the best… Read More

December 15, 2021 @ 11:23 am By JD Alois  |  

Wise (LSE:WISE) has completed research that concludes international banking undermines the effectiveness of small businesses to expand. A challenge that should come as no surprise to SMEs aiming to expand overseas. Wise states that “broken payments and banking technology remain a barrier to international ambitions.”… Read More

December 12, 2021 @ 1:05 pm By Omar Faridi  |  

Taavet Hinriku, the Co-founder of UK-based Fintech Wise (LSE:WISE) (formerly doing business as TransferWise), has reportedly stepped down from his position as company chairperson and Director. The former CFO at Netflix, David Wells, will be replacing Hinriku with immediate effect (as reported on December 10,… Read More

December 2, 2021 @ 12:52 pm By JD Alois  |  

UK-based Fintech Wise (LSE:WISE) has provided an update on its expansion plans across North America. Yesterday, it was revealed that the Wise Card is now available in  Canada but the fast-growing firm has other items on its roadmap. Wise notes that its New York City… Read More

December 1, 2021 @ 11:39 am By JD Alois  |  

Wise (LSE:WISE), formerly doing business as Transferwise, has launched its “Wise Card” in Canada. Wise states that Canadians may now spend money around the world and shop online knowing they’re getting the best exchange rate along with low fees. Wise started as Fintech focusing on… Read More

October 16, 2021 @ 6:46 pm By Omar Faridi  |  

Andrews Federal Credit Union and Fintech Wise have announced a digital remittance integration, which could save a lot of money for members of the Armed Forces – particularly  those residing overseas – directly via their current Andrews Federal banking dashboard. Scheduled to launch later in… Read More

September 15, 2021 @ 6:14 pm By JD Alois  |  

Wise (WISE.L), formerly doing business as Transferwise, has finally launched its first iteration of an investment feature. A long, long time ago, Wise said it intended to create more options to hold funds that can generate a return. Last year, it was reported that Wise… Read More

August 18, 2021 @ 3:23 pm By JD Alois  |  

Wise (LSE:WISE), a fast-growing global transfers Fintech and stealth bank recently completed a direct listing of its shares on the London Stock Exchange (LSE). Today, Wise is announcing American Depository Receipts (ADRs) enabling US-based customers and retail & institutional investors to invest in the Fintech… Read More

July 18, 2021 @ 11:33 am By Omar Faridi  |  

Kristo Käärmann, Co-founder and CEO of Wise (previously dba TransferWise), which aims to make money work without borders, notes that they’re building the world’s most international account. 1/ @Wise Q2 Mission Update is here. Our team is 2,600 people now. How much progress did we… Read More

July 8, 2021 @ 8:41 am By Omar Faridi  |  

UK-based digital banking platform Monzo has teamed up with Wise (previously dba TransferWise and now having completed a direct listing on the London Stock Exchange (LSE) on its Main Market) in order to provide clients with a simple and affordable way to send funds overseas…. Read More

July 7, 2021 @ 10:35 am By JD Alois  |  

Wise (formerly dba Transferwise) has successfully completed a direct listing on the London Stock Exchange (LSE) on its Main Market. The accomplishment is another milestone mark for the global Fintech that has transformed the industry of moving money around the world. The listing on the… Read More

June 23, 2021 @ 11:51 pm By Omar Faridi  |  

Neobanking platform Yapeal has started offering cross-border money transfers to its clients through Fintech Wise (formerly Transferwise and now pursuing listing on the LSE). Through the partnership, Yapeal will work with Wise to make cross-border transactions fast, simple, and cheap for their app’s users. Wise,… Read More

June 15, 2021 @ 11:11 am By JD Alois  |  

Wise, formerly doing business as Transferwise, is to complete a direct listing on the London Stock Exchange (LSE) according to reports. Wise, a global Fintech and stealth bank, is a leading provider of global transfers and payments. The site was launched in recognition of the… Read More

June 1, 2021 @ 10:20 pm By Omar Faridi  |  

UK-based Fintech firm Wise (formerly doing business as TransferWise) has introduced remittance services in India, as the company looks to expand its operations globally with a new office in Mumbai. This move by London-headquartered Wise has come after the company began supporting Google Pay users… Read More

May 19, 2021 @ 7:47 am By Omar Faridi  |  

Swiss banking software firm Temenos has revealed that cross-border payments Fintech Wise (previously doing business as TransferWise) has now gone live on Temenos Marketplace. The Temenos Marketplace  reportedly includes more than 50 curated Fintech services, helping  Temenos’ customers to innovate and differentiate their product lines…. Read More

May 15, 2021 @ 6:11 pm By Omar Faridi  |  

Fintech Unicorn and stealth bank Wise (previously doing business as Transferwise) is reportedly working on a Cloud-enabled educational project in order to assist with addressing the IT skills shortage in Estonia. Estonia, which is currently home to more than 1,100 startups and 7 unicorns, has… Read More