Preventing and combating financial crime at Wise
Earlier today, Belgian newspaper, Le Soir, published allegations about Wise Europe. We take these allegations and our responsibility to prevent and combat...
Wise partners with Frontier: accelerating permanent carbon removal
Wise is proud to announce our participation in Frontier, an advance market commitment to accelerate the development of permanent carbon removal technologies. Our pledge to purchase carbon removal demonstrates Wise’s continued commitment to climate action.
"Wise is proud to further our partnership with Watershed by participating in Frontier as it helps to accelerate permanent carbon removal," said Harsh Sinha, Chief Technology Officer at Wise.
"As a mission driven company, we are guided by the needs of our customers and know climate action is important to them. We look forward to supporting the transformative climate technologies Frontier is spearheading.”
Founded in 2022 by Stripe, Alphabet, Shopify, Meta, and McKinsey Sustainability, Frontier aims to accelerate the development of global carbon removal technologies by guaranteeing future demand. With its rigorous, science-backed vetting process for its suppliers, Frontier is leveraging technologies with long-term carbon capture potential. We’ll join Watershed’s first cohort alongside Boom Supersonic, Canva, SKIMS, Aledade, and Zendesk.
“Wise has long been focused on understanding and acting to reduce its carbon footprint,” said Watershed co-founder Christian Anderson.
“The Wise team's participation in Frontier to accelerate the development of permanent carbon removal is the next step in its global climate leadership.”
As many of our customers and employees live global lives, we’re taking responsibility for the impact we have on the planet. Wise began conducting comprehensive emissions measurements in 2019, became carbon neutral in 2020, used clean power in our offices in 2021, and has committed to achieving net zero. These carbon removal purchases via Frontier, in tandem with emissions reductions, will help Wise achieve net zero in the future.
Wise now serves 16 million customers worldwide, empowering these individuals and businesses with a transparent way to move and manage money globally. In the spirit of this transparency, we are committed to addressing our responsibility beyond finance. To help achieve this, we have joined Frontier to play a crucial part in the global net zero transition.
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
Money without borders
Find out more
Wise’s response to recent press articles
Combating financial crime is an industry-wide challenge that Wise takes extremely seriously as a financial institution with over 80 regulatory licences...
2024 Update: Wise’s commitment to improving diversity, equity and inclusion for women in tech
At Wise, our vision is money without borders. In order to build the future of global money, we need a team that’s as diverse as the customers we serve. In...
2023 Update: Wise’s commitment to improving diversity, equity and inclusion for women in tech
At Wise, our vision is money without borders. In order to build the future of global money, we need a team that’s as diverse as the customers we serve. In...
A guide to creating your Wise content as an Influencer
This guide is for any Influencers on the Wise Partner program who want to create Wise content on Youtube, Instagram or TikTok. Here, find out how to create...
My first sabbatical
When we started Wise 12 years ago, we knew the problem we were tackling was a big one. Solving for hidden fees and rebuilding broken international financial...
