Wise status

Founded in 2011 as TransferWise by Estonian entrepreneurs Taavet Hinrikus and Kristo Käärmann, Wise has transformed how individuals and businesses send money abroad. The fintech company pioneered transparent, low-cost international transfers using real mid-market exchange rates. Wise's online platform and mobile app allow users to send money to 160+ countries, hold balances in 50+ currencies, and get international banking details. Unlike traditional banks, Wise shows all fees upfront and typically completes transfers faster at a fraction of the cost. The company expanded beyond money transfers to offer borderless accounts, debit cards, and business solutions. With over 16 million customers, Wise continues challenging traditional banking by making cross-border finance fairer and more accessible through technology.