Wise
Wise, formerly known as TransferWise, is a financial technology company that provides online money transfer and international payment services. Established in 2011 by Kristo Käärmann and Taavet Hinrikus, Wise aims to revolutionize the traditional banking sector by offering people a low-cost and transparent alternative for transferring money abroad.
With Wise, customers can easily send money globally using real exchange rates and minimal fees. The platform ensures efficiency and security by bypassing traditional banking systems and utilizing peer-to-peer transfers. This approach has earned Wise a strong reputation, as it processed over $10 billion in international transfers in 2020 alone.
One of Wise's standout features is its multi-currency account, which enables customers to hold money in multiple currencies and switch between them effortlessly. This convenience makes it ideal for individuals, freelancers, and businesses with international operations.
As a fintech success story, Wise has gained significant recognition and backing from investors. It operates in over 70 countries and continues to disrupt the traditional banking landscape by providing cost-effective and user-friendly services for international money transfers.
DETAILED INFORMATION:
- Founded: 2011
- Headquarters: 56 Shoreditch High Street, London, UK
- Website: https://wise.com/
- Facebook: https://www.facebook.com/Wise/
- Instagram: https://www.instagram.com/wiseaccount/
- X: https://twitter.com/wise
