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Wise - About the company

Wise is a public company based in Shoreditch (United Kingdom), founded in 2011 by Taavet Hinrikus, Kristo Kaarmann and Taavet Hinrikus. It operates as a Provider of international money transfer and multi-currency. Wise has raised $1.03B in funding from investors like Lone Pine Capital, Valar Ventures and Andreessen Horowitz. The company has 635 active competitors, including 62 funded and 24 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 market segments.The primary business model of Wise is:

Company Details

Provider of international money transfer and multi-currency. It offers secure, transparent, and cost-efficient cross-border payment solutions. It provides personal accounts, business accounts, multi-currency cards, and platform APIs that enable individuals, companies, and financial institutions to send, receive, hold, and convert money globally.
Website
wise.com
Social
XFacebook
Email ID
*****@wise.com
Phone Number
+1 **********
Registered Address
Balbínova 207 12000 Praha
Key Metrics
Founded Year
2011
Location
Shoreditch, United Kingdom
Stage
Public
Total Funding
$1.03B in 15 rounds
Ranked
Annual Revenue
€529M as on Mar 31, 2022
Employee Count
10,355 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Wise's IPO details

Wise got listed on Jul 07, 2021.
Click here to take a look at Wise's IPO in detail
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Wise's funding and investors

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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 19, 2021
$227M
Venture Debt
-
-
-
Oct 29, 2020
$12M
Series F
-
-
Jul 14, 2020
$319M
Series F
-
-
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Wise's founders and board of directors

Founder? Claim Profile
The founders of Wise are Taavet Hinrikus, Kristo Kaarmann and Taavet Hinrikus. Kristo Kaarmann is the CEO of Wise.
Here are the details of Wise's key team members:

Wise's Board of Directors

Wise's board has 3 active members. Kristo Kaarmann is part of team and Matthew John Briers and Ingo Jeroen Uytdehaage are independent board members.
Here is the list of Wise's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
16y 1m
Team
-
Past
9y 7m
Independent board member
-
Current
4y 7m
Independent board member
-
Current
6y 9m
Independent board member
-
Past
3y 0m
Independent board member
-
Past
1y 11m
Independent board member
-
Past
0y 2m
Independent board member
-
Past
3y 5m
Independent board member
-
Past
9y 4m

Wise's employee count trend

Wise has 10,355 employees as of Apr 26. Here is Wise's employee count trend over the years:
Employee count trend for Wise
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Wise's Competitors and alternates

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
Logo for Payoneer
Payoneer
2005, New York City (United States), Public
Provider of cross-border payment solutions for freelancers, businesses, and marketplaces
$269M
84/100
2nd
Logo for Remitly
Remitly
2011, Seattle (United States), Public
Provider of international money transfer services with multiple delivery options
$436M
84/100
3rd
Logo for Wise
Wise
2011, Shoreditch (United Kingdom), Public
Provider of international money transfer and multi-currency
$1.03B
87/100
4th
Logo for Xoom
Xoom
2001, San Francisco (United States), Acquired
Provider of online service for international money transfers, bill payments
$106M
76/100
5th
Logo for TransferGo
TransferGo
2012, London (United Kingdom), Series C
Cross-border remittance solution for consumers and businesses
$110M
74/100
6th
Logo for Remessa Online
Remessa Online
2016, Sao Paulo (Brazil), Acquired
Provider of international money transfer services for individuals and businesses
$21.5M
73/100
7th
Logo for Aspora
Aspora
2022, London (United Kingdom), Series B
Operator of a platform facilitating international money transfers and related services
$95.5M
68/100
8th
Logo for VERTO
VERTO
2017, Palo Alto (United States), Series A
Provider of cross-border payment platform and foreign exchange solutions for businesses
$12.1M
68/100
9th
Logo for Instapay Technologies
Instapay Technologies
2017, Kuala Lumpur (Malaysia), Series A
Wallet-enabled money transfer solutions for businesses and individuals
$7.75M
63/100
10th
Logo for CurrencyFair
CurrencyFair
2010, Dublin (Ireland), Series B
Cross-border money transfer platform
$23.1M
61/100
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Wise's Investments and acquisitions

Wise has not made any acquisitions yet. Wise has made 4 investments.
Here is the list of latest three $investments:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 29, 2019
Investments
2016
West Sacramento (United States)
Nov 27, 2018
Investments
2015
Jul 19, 2018
Investments
2010
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See all investments by Wise

News related to Wise

lockFilter this list
Media has covered Wise for a total of 64 events in the last 1 year, 35 of them have been about company updates and 6 about partnerships.
Wise Debuts US Listing on NasdaqGlobeNewswireMay 11, 2026Wise
Wise Introduces Qvik Requests for Clients in HungaryBudapest Business JournalApr 28, 2026Wise
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FAQs about Wise

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