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Wise (TransferWise)
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Executive Moves
Wise Taps Delivery Hero’s Executive for the CFO Role
Emmanuel Thomassin will join the fintech on 1 October 2024.
He will be the permanent replacement of Matthew Briers who stepped down recently.
Monday, 25/03/2024 | 08:11 GMT
by
Arnab Shome
FinTech
Wise’s Growth Continues in Q3 FY24: Income Jumps 40%
The platform generated a quarterly revenue of £276.6 million.
It upgraded its annual income growth guidance to 42-44 percent.
Tuesday, 16/01/2024 | 07:54 GMT
by
Arnab Shome
FinTech
H1 Performance of Wise: EBITDA Jumps 163%, Outlook Remains Bullish
The EBITDA margin of the company improved to 36.7 percent.
It is expecting an annual income growth between 33 and 38 percent.
Tuesday, 14/11/2023 | 08:19 GMT
by
Arnab Shome
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
Executives
"Payment and Investment Firms Are Well-Suited Towards a Mutual Goal": Wise Platform Head
Wise has partnered with multiple brokers, including IBKR, to facilitate payments.
The platform ensures faster and more cost-effective transfers.
Thursday, 24/08/2023 | 08:24 GMT
by
Arnab Shome
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
Wise Reports 34% Surge in Active Clients as Gross Profit Rises by 234%
The surge in active users was fueled by high retention and word of mouth.
The company forecasts further growth of between 28 and 33% next year.
Tuesday, 27/06/2023 | 07:07 GMT
by
Damian Chmiel
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Executive Moves
Wise CFO Matthew Briers to Step Down by March 2024
He was involved in an accident last year.
The company will start to look for his replacement immediately.
Monday, 22/05/2023 | 07:30 GMT
by
Arnab Shome
FinTech
Wise Ends Q4 FY23 with a 45% YoY Revenue Jump
It had 6.1 million active customers at the end of the quarter.
It now offers some return on held cash to Europe and US customers.
Tuesday, 18/04/2023 | 08:20 GMT
by
Arnab Shome
Retail FX
'Pay with Wise' Now Available on Interactive Brokers Platform
Transfers from Wise Balance are subject to a small fixed fee.
IBKR notes that it receives 5.5% of the 'transfer fee' collected and remitted by Wise.
Wednesday, 05/04/2023 | 11:59 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 Reports 80% Income Jump and Record User Base in Q3 FY23
The total income rose to £268.7 million from £149 million reported last year.
Wise upgrades its guidance for FY23, forecasting total income to be 68-72% higher.
Tuesday, 17/01/2023 | 10:31 GMT
by
Damian Chmiel
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 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
ADVERTISEMENT
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
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