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Transferwise
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TransferWise
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FinTech
Nubank Teams Up with Wise to Expand International Financial Offerings
Wise Platform has 85 global partners including Bank Mandiri, Shinhan Bank and Google Pay.
Nubank has over 90 million customers in South America, with 85 million in Brazil.
Monday, 08/04/2024 | 15:27 GMT
by
Tareq Sikder
Payments
Wise Elevates FY24 Outlook amid Q2 Figures: Revenue, Volume Rise
The company ended the quarter with a revenue of £258.7 million.
It is now expecting a higher profit margin for FY24 than expected.
Thursday, 12/10/2023 | 07:31 GMT
by
Arnab Shome
FinTech
Enhancing Cross-Border Payment Choices: Swift and Wise Collaborate
Collaboration secures flow of payments through the Swift network via Wise.
It aligns with G20 and UN sustainable development goals.
Friday, 22/09/2023 | 05:30 GMT
by
Tareq Sikder
FinTech
Wise Reports 33% Jump in Active Customer Base to 6.7 Million
The cross-border payments firm reported a revenue increase of 29%
In addition, Wise elevated its volume to £28.2 billion.
Tuesday, 18/07/2023 | 07:14 GMT
by
Damian Chmiel
FinTech
Startup Atlantic Money Accuses UK Fintech Wise of Targeting Its Business
Wise runs currency transfer sites such as Exiap, Geldtransfer and Currencyshop.
The London-based company says it is not afraid of listing cheaper competitors.
Friday, 27/01/2023 | 14:17 GMT
by
Solomon Oladipupo
FinTech
Wise's H1 FY23 Income Jumps 63%
The revenue of the company increased by 55 percent in the period.
The number of active customers has jumped significantly.
Tuesday, 29/11/2022 | 09:14 GMT
by
Arnab Shome
FinTech
Wise Granted Investment License in Estonia. Plans to Launch ‘Assets’ in Europe
After launching Assets in Estonia, Wise wants to introduce its service to other EU countries.
Assets allow customers to invest their money while maintaining constant access to their savings.
Wednesday, 26/10/2022 | 08:06 GMT
by
Damian Chmiel
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FinTech
Wise Introduces Intermediary SWIFT Connection Service for Neobanks
The new platform has gone live.
The service is also beneficial to established banks, Wise says.
Monday, 12/09/2022 | 16:53 GMT
by
Solomon Oladipupo
FinTech
UAE’s Free Zone Regulator FSRA Fines Wise $360k for Gaps in AML System
No actual instance of money laundering was found.
FSRA said Wise has taken 'substantial steps' to cover identified gaps.
Tuesday, 30/08/2022 | 14:37 GMT
by
Solomon Oladipupo
News
Wise Sees 51% YoY Growth in Revenue during Q1 FY23
The total number of active personal clients jumped 37%.
Total volume reached £24.4 billion in the latest quarter.
Tuesday, 19/07/2022 | 07:39 GMT
by
Bilal Jafar
FinTech
Tax Violation: FCA Opens Investigation on Wise’s CEO after £365k Fine
In September 2021, the FCA listed Kaarmann as one of several 'deliberate tax defaulters'.
Wise will fully cooperate with the FCA, report says.
Monday, 27/06/2022 | 13:53 GMT
by
Solomon Oladipupo
FinTech
Fintech Firm Wise Plans to Add Up to 150 Jobs in Its Singapore Office
Wise aims to create 150 new jobs in Singapore.
The fintech considers Singapore as its Asia-Pacific hub.
Wednesday, 16/02/2022 | 16:00 GMT
by
Nicholas Otieno
News
Wise Posts 34% YoY Jump in Revenues during Q3 FY2022
Volumes climbed by almost 38% compared to the same period in FY2021.
In Q3, Wise supported more than 4 million customers to complete cross-border transfers.
Wednesday, 19/01/2022 | 10:27 GMT
by
Bilal Jafar
Executive Moves
Wise Welcomes Terri Duhon to the Board
Duhon joined the Board as an Independent Non-Executive Director.
Thursday, 09/12/2021 | 12:17 GMT
by
Bilal Jafar
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News
Wise Reports 33% YoY Growth in Revenues during H1 FY22
In the first six months of FY22, Wise generated £256.3 million in revenue.
Tuesday, 30/11/2021 | 11:53 GMT
by
Bilal Jafar
FinTech
Wise Signs Partnership with E-commerce Marketplace Fruugo
Fruugo merchants could use Wise Business account details to receive earnings in many currencies.
Friday, 26/11/2021 | 15:03 GMT
by
Felipe Erazo
News
Wise Posts 25% Jump in Q2 Revenue as Remittance Skyrockets
Almost 4 million customers made transactions on the platform in the quarter.
Tuesday, 19/10/2021 | 09:26 GMT
by
Arnab Shome
News
London Fintech Wise Posts 43% Jump in Q1 Revenue
The platform ended the quarter with 3.4 million personal customers.
Tuesday, 20/07/2021 | 15:08 GMT
by
Arnab Shome
News
UK Fintech Wise Plans Direct Listing on LSE
The company will float at least 25 percent of its share on the exchange.
Thursday, 17/06/2021 | 10:38 GMT
by
Arnab Shome
News
South Korea’s Shinhan Bank Collaborates with Wise
Shinhan announced the partnership with Wise to offer faster and cheaper international money transfers.
Thursday, 03/06/2021 | 12:55 GMT
by
Bilal Jafar
News
TransferWise Rebrands to Wise as Services Go Beyond Remittance
The company will operate from its new domain wise.com.
Monday, 22/02/2021 | 08:11 GMT
by
Arnab Shome
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Payments
Visa Announces Global Partnership with TransferWise
TransferWise is planning to use Visa Cloud Connect infrastructure for global expansion.
Wednesday, 27/01/2021 | 08:09 GMT
by
Bilal Jafar
Payments
TransferWise Deepens Mastercard Tie for Global Expansion
This will allow the payments company to issue TransferWise cards in almost all countries.
Thursday, 20/08/2020 | 11:42 GMT
by
Arnab Shome
Payments
TransferWise Continues Asia Expansion with Alipay Partnership
The partnership facilitates instant transfers to China for 17 currencies.
Tuesday, 17/03/2020 | 07:01 GMT
by
Celeste Skinner
Payments
TransferWise Becomes Largest Fintech in Europe After Latest Investment
TransferWise has surpassed OakNorth to become the largest fintech in Europe, valued at over $3.5 billion
Wednesday, 22/05/2019 | 06:46 GMT
by
Jeff Patterson
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