When was Wise founded?

Wise was founded in 2011 and raised its 1st funding round within a year of its incorporation.

Where is Wise located?

Wise is headquartered in Shoreditch, United Kingdom. It is registered at Balbínova 207 12000 Praha.

Who is the current CEO of Wise?

Kristo Kaarmann of Wise. They have also founded 1 company.

How many employees does Wise have?

As of Mar 31, 2026, the latest employee count at Wise is 10033.

Is Wise a funded company?

Wise is a funded company, having raised a total of $1.03B across 15 funding rounds to date. The company's 1st funding round was a $27.7K Seed round, raised on Nov 07, 2011.

When was the latest funding round of Wise?

Wise's latest funding was a $227M Venture Debt round on May 19, 2021, with participation from 1 investor.

What is the annual revenue of Wise?

Annual revenue of Wise is £9.1K as on Mar 31, 2025.

Is Wise a Digital Remittance company?

The primary sectors of Wise are Digital Remittance, Forex Tech and Limited Partners.

Where does Wise rank among its competitors?

Wise ranks 3rd amongst 466 active competitors, of which 58 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Aspora, which secured $53M in Jun, 2025.

Who are the top competitors of Wise?

Wise's top competitors include Payoneer, Remitly and Xoom. Among them, Aspora secured the most recent funding round in June, 2025.

Wise - 2026 Company Profile, Team, Funding, Competitors & Financials

Wise is a public company based in Shoreditch (United Kingdom), founded in 2011 by Kristo Kaarmann and Taavet Hinrikus. It operates as a Provider of multi-currency accounts, international money transfers, and card services. Wise has raised $1.03B in funding from investors like Lone Pine Capital, Valar Ventures and Andreessen Horowitz. The company has 466 active competitors, including 58 funded and 27 that have exited. Its top competitors include companies like Payoneer, Remitly and Xoom.

Sectors and market segments that Wise operate in

Wise serves in the FinTech, Investment Industry market segments.The primary business model of Wise are:

Company Details

Provider of multi-currency accounts, international money transfers, and card services. The platform facilitates sending and receiving funds across different currencies. It offers options for personal and business use, including tools for managing finances. The company provides solutions for individuals and enterprises to engage in international transactions.

Website: wise.com
Social
Email ID: *****@wise.com
Registered Address: Balbínova 207 12000 Praha

Key Metrics

Founded Year

2011

Location

Shoreditch, United Kingdom

Stage

Public

Total Funding

$1.03B in 15 rounds

Latest Funding Round

Venture Debt, May 19, 2021, $227M

Investors

Lone Pine Capital & 117 more

Ranked

3^rd among 466 active competitors

Annual Revenue

£9.1K as on Mar 31, 2025

Employee Count

10,033 as on Mar 31, 2026

Investment & Acquisitions

Petal & 3 more

Similar Companies

Payoneer & 1260 more

Exit Details

Public

View Wise's full profile

Wise is associated with 21 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Wise Solutions OÜ CIN: 14498251 , Estonia, Active	May 29, 2018	$13.5K (As on Dec 31, 2023)	1 (As on Mar 31, 2021)
WISE INCORPORATED CIN: 351418332 , United States, Active	Dec 31, 1999	-	-	-
MAIS, a.s., v likvidaci CIN: 41605110 , Czech Republic, Active	Oct 22, 1991	-	-
WISE OPTIONS UK LTD CIN: 11756944 , United Kingdom, Active	Jan 08, 2019	$10.7K (As on Jan 31, 2024)	-
WISE TUITION TECHNOLOGY LTD CIN: 11022984 , United Kingdom, Active	Oct 19, 2017	$11.6K (As on Mar 31, 2025)	1 (As on Mar 31, 2025)
Wise Do CIN: 40203166012 , Latvia, Active	Sep 04, 2018	$162K (As on Dec 31, 2024)	1 (As on Dec 31, 2023)	-
Wise Europe CIN: 0713.629.988 , Belgium, Active	Nov 16, 2018	-	-	-
Wise Forest Invest Oü CIN: 16752328 , Estonia, Active	Jun 04, 2023	-	-
B.I.C., a.s. v likvidaci CIN: 26191415 , Czech Republic, Active	Jul 31, 2000	-	-
WISE TRADES OÜ CIN: 16362277 , Estonia, Active	Nov 09, 2021	-	-
Družstvo Smile CIN: 00204501 , Czech Republic, Active	Apr 23, 1990	-	-
WISE INTERNATIONAL BOOKING OÜ CIN: 16557868 , Estonia, Active	Aug 21, 2022	-	-
WISE IT INTERNATIONAL OÜ CIN: 16706529 , Estonia, Active	Mar 29, 2023	-	2 (As on Sep 30, 2024)
WISE Investments s.r.o. CIN: 27752321 , Czech Republic, Active	Oct 30, 2007	-	-
WISE AUSTRALIA PTY LTD CIN: 616463855 , Australia, Active	Dec 14, 2016	-	-	-
WISE US INC. CIN: 28.875.596/0001-92 , Brazil, Active	Oct 17, 2017	-	-	-
SOLID FINANCIAL TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2020PTC131821 , India, Active	Jan 22, 2020	$1.29M (As on Mar 31, 2025)	-
WISE COMPANY, INC. CIN: 270195886 , United States, Active	Dec 31, 1999	-	161 (As on Dec 31, 2024)	-
WISE PAYMENTS INDIA PRIVATE LIMITED CIN: U74999MH2016FTC274395 , India, Active	Mar 15, 2016	$2.12M (As on Mar 31, 2025)	5 (As on Mar 31, 2024)
WISE PAYMENTS LIMITED CIN: 28.875.595/0001-48 , Brazil, Active	Oct 17, 2017	-	-	-
WISE PAYMENTS LIMITED CIN: 7209813 , Belgium, Active	Mar 30, 2010	$892M (As on Mar 31, 2023)	5499 (As on Mar 31, 2024)	-

Wise got listed on Jul 07, 2021.

Click here to take a look at Wise's IPO in detail

Wise has raised a total funding of $1.03B over 15 rounds. Its first funding round was on Nov 07, 2011. Its latest funding round was a Venture Debt round on May 19, 2021 for $227M. 1 investor participated in its latest round. Wise has 84 institutional investors and 34 angel investors.

Here is the list of recent funding rounds of Wise:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 19, 2021	$227M	Venture Debt	-	-	-	SVB
Oct 29, 2020	$12M	Series F	-	-	Headline	Grishin Robotics, Base10 Partners, Techstars
Jul 14, 2020	$319M	Series F	-	-	Lone Pine Capital	Baillie Gifford, Fidelity Investments, LocalGlobe, Vitruvian Partners, Vulcan Capital

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View details of Wise's funding rounds and investors

The founders of Wise are Kristo Kaarmann and Taavet Hinrikus. Kristo Kaarmann is the CEO of Wise.

Here are the details of Wise's key team members:

Kristo Kaarmann: Co-Founder & CEO of Wise and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses
Taavet Hinrikus: Former Co-Founder of Wise and founder of 1 other company.

Wise's Board of Directors

Wise's board has 3 active members. Kristo Kaarmann is part of team and Ingo Jeroen Uytdehaage and Matthew John Briers are independent board members.

Here is the list of Wise's board of directors:

Name	Type	Representing	Status	Duration
Kristo Kaarmann	Team	-	Current	15y 11m
Ingo Jeroen Uytdehaage	Independent board member	-	Current	6y 7m
Matthew John Briers	Independent board member	-	Current	4y 5m
Ben Horowitz	Independent board member	-	Past	3y 0m
David Wells	Independent board member	-	Past	1y 11m
Dean Nash	Independent board member	-	Past	0y 2m
Alastair Rampell	Independent board member	-	Past	3y 5m
Roger Ehrenberg	Independent board member	-	Past	9y 4m

View details of Wise's Founder profiles and Board Members

Wise's employee count trend

Wise has 10,033 employees as of Mar 26. Here is Wise's employee count trend over the years:

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Top competitors of Wise include Payoneer, Remitly and Xoom. Here is the list of Top 10 competitors of Wise, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Payoneer 2005, New York City (United States), Public	Provider of cross-border payment solutions for freelancers, businesses, and marketplaces	$269M	TCV, Wellington & 22 others	85/100
2nd	Remitly 2011, Seattle (United States), Public	Provider of international money transfer services with multiple delivery options	$436M	Generation Investment Management, PayU & 38 others	84/100
3rd	Wise 2011, Shoreditch (United Kingdom), Public	Provider of multi-currency accounts, international money transfers, and card services	$1.03B	Glynn Capital, Sapphire Ventures & 116 others	83/100
4th	Xoom 2001, San Francisco (United States), Acquired	Provider of online service for international money transfers, bill payments	$106M	Fidelity Ventures, DAG Ventures & 12 others	76/100
5th	MoneyGram 1940, Dallas (United States), Acquired	Provider of global money transfer and payment services for individuals	-	Goldman Sachs, Stellar & 3 others	75/100
6th	TransferGo 2012, London (United Kingdom), Series C	Cross-border remittance solution for consumers and businesses	$110M	Practica Capital, VEF & 45 others	74/100
7th	Remessa Online 2016, Sao Paulo (Brazil), Acquired	Provider of international money transfer services for individuals and businesses	$21.5M	Kaszek, Bewater Ventures & 4 others	73/100
8th	WorldRemit 2010, London (United Kingdom), Series D	Provider of international money transfer and mobile airtime top-up services	$365M	TCV, Accel & 47 others	71/100
9th	Aspora 2022, London (United Kingdom), Series B	Operator of a platform facilitating international money transfers and related services	$95.5M	Hummingbird Ventures, Sequoia Capital & 10 others	68/100
10th	VERTO 2017, Palo Alto (United States), Series A	Provider of cross-border payment platform and foreign exchange solutions for businesses	$12.1M	Quona, Accelerated Digital Ventures & 15 others	68/100

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Wise has not made any acquisitions yet. Wise has made 4 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 29, 2019	Investments	Petal	2016	West Sacramento (United States)
Nov 27, 2018	Investments	Farewill	2015	London (United Kingdom)
Jul 19, 2018	Investments	Secret Escapes	2010	London (United Kingdom)