Company Overview
Wise (formerly TransferWise), founded in 2011 by Kristo Kaarmann and Taavet Hinrikus in London, uses real mid-market exchange rates with transparent low fees for international transfers, saving up to 90% vs banks. LSE: WISE. 16M+ users.
Related providers: wise
Core Products
- Payment Processing：Professional payment processing solutions
Core Strengths
Real Exchange Rate: Mid-market rate, no hidden markup
Low Transparent Fees: Fees shown upfront, no hidden costs
Multi-Currency Account: 50+ currencies, easy cross-border receiving and payment
Key Milestones
- 2011：Successfully listed, gaining capital market support for business expansion
- 2026：Continues to optimize payment services for global customers
Market Position
Wise competes with the following providers in the payment market:
- Stripe：Shares the payment market with Stripe
- Square：Competes with Square in payment services
- YooMoney：Key player in the payment space
- Affirm：Shares the payment market with Affirm
