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Wise (TransferWise)

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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
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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