Wise
Public
UK-based Wise offers online money transfer and foreign exchange services, specializing in cross-border payments.
Founded
2011Wise (formerly TransferWise, rebranded February 2021) is a publicly listed London-headquartered financial technology company founded in January 2011 by Kristo Kaarmann and Taavet Hinrikus. Wise provides consumer and business international money transfers at mid-market rates, multi-currency accounts (Wise Account) for holding and spending in 40+ currencies, business accounts (Wise Business) with batch payments and accounting integrations, debit cards (Wise Card) for spending in 175+ countries, interest and investment features (Wise Assets), and embedded payment APIs (Wise Platform) for banks and fintechs.
Listed on LSE (WISE) since July 2021 and Nasdaq (WSE) since May 2026, Wise serves 15.6M active customers, processes over 145 billion GBP in annual cross-border volume, and holds 65+ regulatory licences worldwide. Revenue reached GBP 1.21B in FY2025. The primary legal entity is Wise plc (company number 13211214), incorporated in England and Wales.
Wise - Products & Services
Payments infrastructure API enabling banks, fintechs, and enterprises to embed cross-border payments and multi-currency accounts.
Competing Products
International money transfer service to 140+ countries at mid-market exchange rates with transparent fees from 0.57%.
Competing Products
Wise - Quick Facts
Who are Wise's competitors?
Companies similar to Wise include MoneyGram International, Ripple, Dollarize and PayPal.
When was Wise founded?
Wise was founded in 2011.
Where is Wise's headquarters located?
Wise's headquarters is located in London, England, GB.
When was Wise's last funding round?
Wise's most recent funding round was for $300M (USD) in October 2022.
How much has Wise raised to-date?
As of Oct 27, 2022, Wise has raised a total of $1.5B (USD).
How many employees does Wise have?
Wise has 6,200 employees as of May 1, 2025.
Wise - Classification
- Technology
- Model
- Revenue
- Customer
- Unique IDs
- secCik: 0002099039
- ticker: WSE
- NAICS
- 520000Finance and Insurance
- 522000Credit Intermediation and Related Activities
- 522300Activities Related to Credit Intermediation
- 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
- SIC
- 8700Engineering, Accounting, Research, Management, And Related Services
- 8740Management And Public Relations Services
- 8742Management Consulting Services
Show 13 more industry codes
- NAICS
- 513200Software Publishers
- 510000Information
- 513000Publishing Industries
- 513210Software Publishers
- SIC
- 6000Depository Institutions
- 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
- 7300Business Services
- 6090Functions Related To Depository Banking
- 6280Services Allied With The Exchange Of Securities Or Commodities
- 7370Computer Programming, Data Processing, And Other Computer Related
- 6099Functions Related To Depository Banking, Not Elsewhere Classified
- 6282Investment Advice
- 7372Prepackaged Software