Featured

Wise

Cross-Border Money Transfers Made Transparent, Fast, and Affordable

Available in 7 countries Last verified: Feb 2026
Founded
2011
Users
15.6 Million+
Total Funding
$1,030M
Employees
6,500–8,000

🏢 Company Overview

Headquarters
London, UK
Funding Stage
Public
Total Funding
$1,030M
Users
15.6 Million+
Pricing
freemium
AML Compliant GDPR PCI DSS E-Money License Payment License No

ℹ️ About Wise

Wise (formerly TransferWise) is a London-headquartered financial technology company that lets individuals and businesses send, receive, hold, and spend money across 40+ currencies in 160+ countries.

Founded in 2011, Wise uses the real mid-market exchange rate with no hidden markups, charging only a small transparent percentage-based fee starting as low as 0. 1%.

The platform offers multi-currency accounts with local bank details in 10+ currencies, a Visa debit card for international spending, business payment tools, and the Wise Platform API that powers cross-border payments for banks and enterprises including Monzo and GoCardless.

⚡ Key Features

Mid-market exchange rate with zero markup
Multi-currency account holding 40+ currencies
Local bank details in 10+ currencies
Wise Platform API for enterprise integration
Batch payment processing for business payroll
Real-time transfer tracking with delivery estimates

💪 Strengths & Weaknesses

4 Pros 3 Cons
💪
Strengths
What it does well
Transparent fee structure upfront
Near-instant delivery in seconds
160+ country coverage globally
Earned interest on idle balances
⚠️
Weaknesses
Areas to improve
No cash pickup option
No cryptocurrency transfer support
Limited services in sanctioned regions

💬 User Reviews(1)

J
James P. Verified
Dec 9, 2025

The best for international transfers

As a freelancer working with international clients, Wise has saved me thousands in transfer fees. The multi-currency account and real exchange rate make it unbeatable. Transfers are fast and the app is very user-friendly.