
Wise (formerly TransferWise) is a global financial technology company that provides low-cost international money transfers, multi-currency accounts, and cross-border payment infrastructure. Founded in 2011 by Taavet Hinrikus and Kristo Käärmann, the company was created to make international money movement cheaper, faster, and more transparent than traditional banks. Wise enables individuals and businesses to hold and convert money in dozens of currencies, send funds internationally, and spend globally using its debit card and digital account services.
Headquartered in London, Wise serves millions of customers worldwide and employs several thousand people across offices in Europe, North America, and Asia. The company is known for its transparent pricing model and use of the mid-market exchange rate. In 2021, Wise went public through a direct listing on the London Stock Exchange. Beyond consumer services, its Wise Platform provides embedded cross-border payments infrastructure to banks and enterprises, strengthening its position as a major fintech player in the global payments ecosystem.
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