Wise - News, Articles & Research

Wise shares tank on Citi analyst note

Shares in money transfer giant Wise fell by more than 10% yesterday after Citi analysts downgraded the stock over "excessive long-term growth expectations".

11 January 2022

Company announcement/payments

Funding Options adds payments accounts from Wise to portfolio

Business finance marketplace Funding Options has joined forces with Wise to offer Wise Business, the business account for going global, in its marketplace to further expand its offering for SMEs as they recover from the pandemic.

15 December 2021

Company announcement/payments

Wise enables B2B transfers to China from eight currencies

Wise (LON:WISE), the global technology company building the best way to move money around the world, has today enabled B2B transfers to China in Chinese yuan (CNY) from 8 currencies, with plans to later expand this to other currencies supported by Wise.

09 December 2021

News/people

Wise replaces chair with ex-Netflix CFO

Money transfer app Wise has named David Wells, the former CFO of Netflix, as the chairman of its board of directors.

09 December 2021

News/payments

Wise embarks on US hiring spree

London-listed money transfer group Wise is eyeing North American expansion in the new year, setting out plans to open an Austin office and add 150 people to its team on the continent.

01 December 2021

News/payments

Wise profits slip on major recruitment drive

Money transfer group Wise has reported a slight decline in headline profits for the first half of 2021 due to costs associated with its flotation earlier this year and a major recruitment programme.

30 November 2021

Company announcement/payments

Payfare works with Wise to bring international money transfers to North American gig workers

Payfare (TSX: PAY) and Wise (LSE: WISE), the global technology company building the best way to move money around the world, today announced plans to bring fast, low-fee and secure international money transfer capabilities to Payfare’s digital banking app in 2022.

25 October 2021

Company announcement/payments

Andrews Federal Credit Union partners Wise on cheap remittances for military members

Andrews Federal Credit Union (Andrews Federal) and Wise today announce a new digital remittance integration set to save money for members of the Armed Forces – especially those stationed overseas – directly through the convenience of their current Andrews Federal banking dashboard.

15 October 2021

News/people

Wise CEO Käärmann may face FCA action over tax default

Wise co-founder and CEO Kristo Käärmann has been fined over £350,000 by Her Majesty's Revenue and Customs (HMRC) for deliberately defaulting on his tax bill. He could now face sanctions from the FCA over the matter.

01 October 2021

News/regulation

Money 20/20 EU: ‘A listing is for life, not just for Christmas’

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

22 September 2021

News/payments

Money 20/20 EU: Will Europe prevail in the new dawn of payments?

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

21 September 2021

News/retail

Wise launches public beta of new investing product

Assets, a new investing services from money transfer company Wise, has moved out of stealth mode, enabling users to hold cash in their multi-currency accounts in diffferent asset classes, while being able to spend and save as normal.

21 September 2021