Wise - News, Articles & Research

Financial institutions commit to lower remittance fees to Ukraine

A number of financial institutions have signed a joint statement with the European Commission pledging to lower total fees of remittances to Ukraine at least during the war. Signatories include Mastercard, Visa, Wise, and TransferGo among others.

28 September 2022

Company announcement/payments

Wise Platform launches Swift International Receive service

Wise Platform has today launched our newest integration solution, International Receive. From today, customers at partner organisations using International Receive will be able to quickly, easily and affordably receive cross-border payments, even if their bank is not connected to the SWIFT network.

12 September 2022

News/regulation

Wise fined by Abu Dhabi watchdog over AML failings

Money transfer firm Wise has been slapped with a $360,000 fine by Abud Dhabi's financial regulator for contravening anti-money laundering rules.

30 August 2022

News/payments

Plaid deal lets Wise customers connect accounts to 6000 apps

Wise has struck an open finance agreement with Plaid that will enable the former's 13 million of customers to connect their accounts to thousands of apps.

10 August 2022

Company announcement/people

Wise hires Isabel Naidoo as chief people officer

Wise, the global technology company building the best way to move money around the world, today announces the addition of Isabel Naidoo as Chief People Officer.

28 July 2022

News/payments

Wise posts 33% full year revenue growth

Shares in money transfer app Wise fell as much as 15% on Tuesday, despite the firm posting a 33% rise in full year revenues.

28 June 2022

News/startups

Wise’s Taavet Hinrikus launches €250m fund for tech founders

Taavet Hinrikus, Ian Hogarth, Khaled Helioui and Sten Tamkivi have unveiled Plural, an investment platform for the next generation of tech founders with global potential.

28 June 2022

News/regulation

FCA investigates Wise CEO after tax default

The UK's Financial Conduct Authority has begun an investigation into Wise co-founder and CEO Kristo Käärmann after he was fined by Her Majesty's Revenue and Customs (HMRC) for deliberately defaulting on his tax bill.

27 June 2022

News/regulation

Stripe launches authentication feature for fast SCA checkout

Stripe has signed up Wise as the first user of a new biometric delegated authentication feature for strong customer authentication (SCA) transactions.

08 June 2022

Company announcement/payments

Monzo integrates with Wise for overseas business payments

You ask, we give. You can now send money abroad from your Monzo Business account!

30 May 2022

Company announcement/payments

Wise reports Q3 revenue growth

"I'm delighted that for the first time we've supported more than 4 million customers to complete cross-border transfers in a single quarter. We moved over £20bn; 38% growth on last year and 15% growth on the prior quarter.

20 January 2022

Company announcement/people

Wise offers staffers 18 weeks paid parental leave

At Wise, we believe that rewarding people should be simple, transparent and fair for everyone, everywhere. That’s why, from January 2022, we’ve introduced a new minimum standard for global leave policies in all our locations.

19 January 2022