Wise (company)

Wise PLC
Type of businessPublic company
Traded asLSEWISE
FoundedJanuary 2011 (2011-01)
Headquarters,
United Kingdom
Country of originUnited Kingdom
Area served70+ countries[1]
Founder(s)Taavet Hinrikus, Kristo Käärmann
ChairmanTaavet Hinrikus
CEOKristo Käärmann
IndustryFinancial services
ServicesForeign exchange, remittance
Revenue£1.1 billion (2023)[2]
Operating income£157.2 million (March 2023)[3]
Profit£114.0 million (March 2023)[3]
Total assets£11,904 million (March 2023)[3]
Total equity£576.9 million (March 2023)[3]
Employees4411 (March 2023)[3]
URLwise.com Edit this at Wikidata

Wise PLC, previously known as TransferWise, is a financial technology company focused on global money transfers. Headquartered in London, it was founded by Kristo Käärmann and Taavet Hinrikus in January 2011.[4][5][6][7] As of 2023, it offers three main products: Wise Account, Wise Business, and Wise Platform.[3]

  1. ^ "About Us - Wise Platform". Wise Platform. Retrieved 21 April 2024.
  2. ^ Wise posts $1.3b revenue, over 200% growth in profits for FY 2024
  3. ^ a b c d e f "Wise 2023 Annual Reports and Accounts" (PDF).
  4. ^ "About Wise". Wise. 4 December 2023. Retrieved 21 April 2024.
  5. ^ Bryant, Martin (23 March 2015). "Money may make the world go round, but at what cost?". BBC News. Retrieved 1 April 2015.
  6. ^ "TransferWise Steps Toward Banking With Multicurrency Account". Bloomberg.com. 23 May 2017. Retrieved 31 May 2017.
  7. ^ Bryant, Martin (26 January 2015). "TransferWise valued at bn by top Silicon Valley venture capital fund". The Independent. Retrieved 1 April 2015.

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