Tagged: wise

August 1, 2022 @ 8:27 pm By Omar Faridi  |  

Wise (LSE:WISE), the international tech firm focused on creating the best way to move funds across the globe, recently announced the appointment of Isabel Naidoo as Chief People Officer. Naidoo joins Wise, one of Glassdoor’s best places to work in the United Kingdom, with considerable… Read More

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 24, 2022 @ 12:10 pm By JD Alois  |  

Wise (LSE:WISE) the global payments, transfer platform, and stealth bank, has moved to appoint an interim Chief Financial Officer following a bike accident involving Matthew Briers, Wise CFO. Wise issued the following statement: To ensure Matthew’s recovery is complete, his return to work will be gradual…. 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

January 7, 2022 @ 2:27 am By Omar Faridi  |  

If you’ve sent or received a payment from a friend or family member, you might have used either Zelle or Venmo to complete the transaction. These Fintech payment services enable consumers to send and receive local personal payments easily, with simply an email address or… 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 14, 2021 @ 5:16 pm By Tony Zerucha  |  

European VC firm Sapphire Ventures will significantly expand its European investment activities over the coming year, the company said this week. As part of this expansion, which follows the opening of the firm’s first European office last year, Sapphire promoted Annalise Dragic, currently a principal,… 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

October 2, 2021 @ 8:45 am By Omar Faridi  |  

Digital banking platform Revolut notes in a blog post that as you might already know, sending funds abroad with traditional banks can be quite costly and very slow. The fees may be really high and transactions may often take at least several business days to… 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

September 12, 2021 @ 11:37 am By Omar Faridi  |  

Women Returners and Innovate Finance have teamed up to establish a cross-company returner program, which aims to encourage professionals to try re-entering the Fintech industry after long-term or extended career breaks. UK’s digital bank Starling, Fintech Unicorn Klarna and PrimaryBid will reportedly take part in… Read More

September 6, 2021 @ 1:37 pm By Omar Faridi  |  

Embedded finance platform Railsbank has reportedly hired Stuart Gregory to serve as the company’s Chief Product Officer. Stuart had joined Wise and was MD of Wise Business and Wise Platform. During the past few years, he has helped with developing, deploying and strategically expanding business… 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

August 12, 2021 @ 5:57 pm By JD Alois  |  

Wise, formerly doing business as Transferwise, continues to lower the fee it charges for its users. Earlier today, Wise announced that transfers in dollars, sent anywhere in the world, will now be charged at a lower rate. While banks continue to obfuscate and gouge, Wise… Read More