Tagged: wise

Kristo Käärmann, Co-founder and CEO of Global Fintech Wise, Reveals Company Continues to Lower Cross-Border Transfer Fees

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

UK’s Digital Bank Monzo Announces Seamless Cross-Border Transfers, Powered by Global Fintech Wise

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

It’s All About the Hidden Bank Fees: Wise Completes Direct Listing on LSE

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

Neobanking Platform Yapeal Now Offering Clients in Switzerland a New Cross-Border Payments Service via Wise

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

Wise, Formerly Transferwise, to Pursue a Direct Listing on LSE as Soon as This Week: Report

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

Fintech Lightyear, Founded by Early Wise Investors, Secures $1.5M via Pre-Seed Round

Fintech startup Lightyear has secured $1.5 million through a pre-seed funding round. The company has also introduced its waiting list for Europe’s first “truly commission-free” investment platform. As noted in a release shared with CI, Lightyear‘s platform is scheduled for roll out in Q3 2021…. Read More

UK Fintech Wise Introduces Remittance Payments Services in India, as Company Expands Operations with Mumbai Office

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

Fintech Wise Launches Cloud based Educational Project to Address IT, Computer Programming Skills Shortage in Estonia

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

Wise Integrates With Google Pay to Allow U.S. Users to Transfer Funds to India & Singapore

  Fintech Unicorn and stealth bank Wise announced on Tuesday it has integrated with Google Pay to allow U.S. users to transfer funds to friends and family in India as well as Singapore. Wise reported that through the integration, all Android and iOS Google Pay users in the U.S. may send… Read More

Cross-Border Payments Fintech Wise Now Offering Hong Kong Residents Option to Send Money Using Only Mobile Phone Numbers

UK-headquartered Fintech firm Wise, previously doing business as TransferWise, has introduced a feature allowing Hong Kong residents to receive money from overseas by simply using their cell phone number (through the Faster Payments System or FPS). With this new feature from the cross-border Fintech Wise,… Read More

Thought Machine, a Cloud Native Tech Provider for Banks, Integrates Fintech Wise’s Money Transfer Platform

Thought Machine, a company that builds Cloud-native technology for banks, has reportedly integrated Wise‘s (formerly doing business as TransferWise) global money transfer platform into its core banking engine, Vault. The integration should allow Thought Machine‘s banking and Fintech clients the option to use Wise’s fast… Read More

Wise (formerly Transferwise) Gifts Shares to Customers

Wise (formerly doing business as Transferwise), a top Fintech that may be described as a stealth bank, is giving away shares in itself. According to the private company, this past week Wise gifted 2000 customers a single share of the firm that has emerged as… Read More

Cross-border Fintech Wise Talks IBAN Discrimination on World Consumer Rights Day, Other Fintechs Join Wise to Address Challenges

This World Consumer Rights Day, which took place on March 15, 2021, Fintech firm Wise (previous TransferWise) talked about what they consider to be IBAN “discrimination.” This World Consumer Rights Day, let’s talk about IBAN discrimination. IBAN discrimination is against the law – and has… Read More

Moving Money in 2021 Should be Like Sending an E-mail – Instant, According to Nick Catino from Cross-Border Payments Fintech Wise

Nick Catino, who is responsible for Policy, Campaigns, and Regulatory Strategy at Wise (formerly TransferWise), notes that payments are the part of finance that consumers experience “most on a day-to-day basis.” Catino also mentioned that there are certain important initiatives that will help “ensure the… Read More

Transferwise Announces Rebranding to “Wise”

  Fintech Unicorn and stealth bank Transferwise announced on Monday it has officially rebranded to just Wise. Kristo Käärmann, Co-Founder and CEO of Wise, revealed in a blog post the rebranding is to show customers that the platform is more than just for money transfers…. Read More

Embedding Banking Startup Wise Secures $12 Million Through Series A Funding Round Led By E.Ventures

Wise, a U.S.-based embedding banking startup, announced on Thursday it secured $12 million through its Series A funding round, which was led by e.ventures with participation from Grishin Robotics, and with continued investment from seed investors, Base10 Partners and Techstars. The latest investment comes just… Read More

U.S. Fintech Wise Secures $5.7 Million Through Seed Funding Round Led By Base10 Partners’ Rexhi Dollaku

Wise, a U.S.-based fintech, announced this week it secured $5.7 million through its latest seed funding round, which was led by Base10 Partners’ Principal, Rexhi Dollaku, with participation from Abstract Ventures, Backend Capital, The Fund, Two Culture Capital, and notable angels such as Michael Vaughan,… Read More

Ever Onward KU: University of Kansas Looks to Crowdfunding for Campus Projects

The KU Endowment Association is trying to raise money for smaller projects across campus with a new crowdfunding campaign called Launch KU. The School of Engineering’s first crowdfunding project is seeking $100,000 to recruit and support minority and female engineering students. Because it is by far the… Read More

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