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electronic money issuer
Information by Research TrustFinance
Founded in 2011 as TransferWise by Kristo Käärmann and Taavet Hinrikus, Wise's mission is to build "money without borders" – making international payments instant, convenient, transparent, and eventually free. The company was created to challenge traditional banks by offering currency exchange at the mid-market exchange rate with low, transparent fees. It has since expanded its services to include a multi-currency account with a debit card and a platform for businesses, serving millions of customers worldwide. Wise is publicly listed on the London Stock Exchange.
United Kingdom
Industry
Financial