Wise

Wise (formerly TransferWise) was established in the United Kingdom in January 2011 by Estonian entrepreneurs Kristo Käärmann and Taavet Hinrikus. Company co-founder Taavet Hinrikus announced his impending resignation as chair in a prospectus released on July 2, 2021. David Wells was named as his successor, which was also announced.

Upon launching on the London Stock Exchange on July 7, 2021, Wise was valued at $11 billion at the time. The Financial Conduct Authority announced on June 27, 2022, that Wise CEO Kristo Käärmann had been penalized for willful failure to comply with tax obligations. From September 2021 on, he would be on the list for a full year. He allegedly owes the government £720,000 in unpaid taxes for the fiscal year 2017–2018.

Founded: January 2011
Headquarters: London, United Kingdom
Website: wise.com