Wise - About the company
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 international money transfer and multi-currency. Wise has raised $397M in funding from investors like Valar Ventures, Andreessen Horowitz and IA Ventures. The company has 954 active competitors, including 117 funded and 42 that have exited. Its top competitors include companies like Payoneer, Remitly and Airwallex.
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
- 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
$397M in 12 rounds
Latest Funding Round
Investors
Ranked
4th among 954 active competitors
Annual Revenue
£1B+ as on Mar 31, 2025
Employee Count
10,710 as on May 31, 2026
Exit Details
Public
Legal entities associated with Wise
Wise is associated with 21 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WISE PAYMENTS LIMITED CIN: 28.875.595/0001-48 , Brazil, Active | Oct 17, 2017 | - | - | - |
WISE US INC. CIN: 28.875.596/0001-92 , Brazil, Active | Oct 17, 2017 | - | - | - |
MAIS, a.s., v likvidaci CIN: 41605110 , Czech Republic, Active | Oct 22, 1991 | - | - | |
WISE Investments s.r.o. CIN: 27752321 , Czech Republic, Active | Oct 30, 2007 | - | - | |
B.I.C., a.s. v likvidaci CIN: 26191415 , Czech Republic, Active | Jul 31, 2000 | - | - | |
Družstvo Smile CIN: 00204501 , Czech Republic, Active | Apr 23, 1990 | - | - | |
Wise Europe CIN: 0713.629.988 , Belgium, Active | Nov 16, 2018 | - | - | - |
Wise Do CIN: 40203166012 , Latvia, Active | Sep 04, 2018 | €0 - €1M (As on Dec 31, 2024) | 1 (As on Dec 31, 2023) | - |
WISE AUSTRALIA PTY LTD CIN: 616463855 , Australia, Active | Dec 14, 2016 | - | - | |
WISE TRADES OÜ CIN: 16362277 , Estonia, Active | Nov 09, 2021 | - | - | |
Wise Solutions OÜ CIN: 14498251 , Estonia, Active | May 29, 2018 | €0 - €1M (As on Dec 31, 2023) | 1 (As on Mar 31, 2021) | |
WISE IT INTERNATIONAL OÜ CIN: 16706529 , Estonia, Active | Mar 29, 2023 | - | 2 (As on Sep 30, 2024) | |
WISE INTERNATIONAL BOOKING OÜ CIN: 16557868 , Estonia, Active | Aug 21, 2022 | - | - | |
Wise Forest Invest Oü CIN: 16752328 , Estonia, Active | Jun 04, 2023 | - | - | |
WISE TUITION TECHNOLOGY LTD CIN: 11022984 , United Kingdom, Active | Oct 19, 2017 | £0 - £1M (As on Mar 31, 2025) | 1 (As on Mar 31, 2025) | |
WISE OPTIONS UK LTD CIN: 11756944 , United Kingdom, Active | Jan 08, 2019 | £0 - £1M (As on Jan 31, 2024) | - | |
WISE INCORPORATED CIN: 351418332 , United States, Active | Dec 31, 1999 | - | 6 (As on Dec 31, 2015) | - |
WISE PAYMENTS INDIA PRIVATE LIMITED CIN: U74999MH2016FTC274395 , India, Active | Mar 15, 2016 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 5 (As on Mar 31, 2024) | |
SOLID FINANCIAL TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2020PTC131821 , India, Active | Jan 22, 2020 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
WISE PAYMENTS LIMITED CIN: 7209813 , Belgium, Active | Mar 30, 2010 | £1B+ (As on Mar 31, 2025) | 5499 (As on Mar 31, 2024) | - |
WISE COMPANY, INC. CIN: 270195886 , United States, Active | Dec 31, 1999 | - | 161 (As on Dec 31, 2024) | - |
Wise's IPO details
Wise got listed on Jul 09, 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 $397M over 12 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 77 institutional investors and 29 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 | - | - | - | |
2019 | Undisclosed | Series E | - | - | - | |
Nov 09, 2018 | $85.2M | Conventional Debt | - | - | - |
View details of Wise's funding rounds and investors
Wise's founders and board of directors
Founder? Claim ProfileHere 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 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 5m | |
Team | - | Past | 9y 7m | |
Independent board member | - | Current | 4y 11m | |
Independent board member | - | Current | 7y 1m | |
Independent board member | - | Past | 3y 0m | |
Independent board member | - | Past | 3y 5m | |
Independent board member | - | Past | 1y 11m | |
Independent board member | - | Past | 0y 2m | |
Independent board member | - | Past | 9y 4m |
View details of Wise's Founder profiles and Board Members
Wise's employee count trend
Wise has 10,710 employees as of May 26. Here is Wise's employee count trend over the years:
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Wise's Competitors and alternates
Top competitors of Wise include Payoneer, Remitly and Airwallex. Here is the list of Top 10 competitors of Wise, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Payoneer 2005, New York City (United States), Acquired | Provider of cross-border payment solutions for freelancers, businesses, and marketplaces | $269M | 84/100 | |
2nd | Remitly 2011, Seattle (United States), Public | Provider of international money transfer services with multiple delivery options | $436M | 84/100 | |
3rd | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 83/100 | |
4th | Wise 2011, Shoreditch (United Kingdom), Public | Provider of international money transfer and multi-currency | $397M | 78/100 | |
5th | Ebury 2009, London (United Kingdom), Acquired | Provider of global payment solutions, currency risk management, and business lending | $374M | 79/100 | |
6th | Venmo 2009, New York City (United States), Acquired | Provider of a platform for sending and receiving payments between users | $1.3M | 76/100 | |
7th | Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions | $362M | 74/100 | ||
8th | Tipalti 2010, Foster City (United States), Series F | Cloud-based procurement and invoice management solutions for businesses | $553M | 73/100 | |
9th | Provider of a platform for managing and automating international salary payments | $38.9M | 72/100 | ||
10th | Xoom 2001, San Francisco (United States), Acquired | Provider of online service for international money transfers, bill payments | $106M | 71/100 |
Looking for more details on Wise's competitors? Click here to see the top ones
Wise's Investments and acquisitions
Wise has made 4 investments in companies including Petal and Farewill. Wise has also acquired 1 companies including Expatica.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 18, 2026 | Acquisition | 2000 | Haarlem (Netherlands) | |
Jan 29, 2019 | Investments | 2016 | West Sacramento (United States) | |
Nov 27, 2018 | Investments | 2015 | London (United Kingdom) |
See all investments by Wise
Reports related to Wise
Here is the latest report on Wise's sector:
News related to Wise
Media has covered Wise for a total of 71 events in the last 1 year, 29 of them have been about company updates and 3 about partnerships.
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Wise Group plc Securities Fraud Lawsuit Filed by The Rosen Law FirmPR Newswire•Sep 17, 2026•Rosenlegal, Wise, Kaplan Fox, Robbins
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Raiffeisenlandesbank NÖ-Wien Partners with Fintech Wise for International PaymentsTrending Topics•Sep 11, 2026•Wise
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Open Finance accelerates Pix ITP adoption, with financial and payment sectors eyeing AI integrationGrupoglobo•Aug 31, 2026•Bain & Company, Stone, com.br, Cloudwalk and 2 others
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OCC's Wise and Bunq Denials Signal Strict Scrutiny for FinTech Bank ChartersPYMNTS.com•Aug 10, 2026•Wise
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Wise Group plc Sued for Securities Law ViolationsPR Newswire•Aug 03, 2026•DJS Law Group, Wise, Robbins Geller Rudman & Dowd, Levi & Korsinsky and 2 others
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Wise Gains PayNet Access for DuitNow QR Payments in MalaysiaElectronic Payments International•Jul 31, 2026•PayNet, Wise
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