Founded in 2011 as TransferWise by Kristo Käärmann and Taavet Hinrikus, the company was created to make international money transfers cheaper, faster, and more transparent than traditional banks. Initially focused on a peer-to-peer model for currency exchange, the company has since expanded its services significantly. In 2021, it rebranded to Wise to reflect its broader offering, which now includes a multi-currency account, a debit card for international spending, and a platform for businesses. Wise's mission is to build money without borders, enabling funds to move instantly, transparently, conveniently, and eventually for free. The company is publicly listed on the London Stock Exchange (LSE: WISE).

Founded in

United Kingdom