Wise

Wise

Wise, previously known as TransferWise, is a renowned financial technology company that provides a variety of services to facilitate international money management. It offers an International Account that enables users to manage money across borders, making it convenient to pay bills or send money overseas. Known for its high-speed, low-fee transfers, Wise supports over 40 currencies, with more than half of the transfers reaching their destination in under 20 seconds. Users can also earn an annual percentage yield (APY) on their USD, GBP, and EUR balances by opting into the interest feature. With a strong focus on security, Wise ensures the protection of every transaction with HTTPS encryption and 2-step verification.

  • Year Founded: Wise was founded in January 2011.
  • CEO: The CEO of Wise is Kristo Käärmann.
  • Headquarters: Wise is headquartered in London, United Kingdom.

Why choose Wise?

  1. Variety of Options for Sending Money: Wise offers a range of options for sending money internationally.
  2. No Markup on Exchange Rates: Wise uses the real exchange rate, without any markup, for currency exchanges.
  3. Fast Money Transfers: For some transactions, Wise offers fast money transfers.
  4. Transparent Fees: While Wise might not always be the cheapest option, it is upfront about its fees.
  5. Trust and Security: Wise is trusted by over 13 million people and businesses, and prioritizes the security of transactions.

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