Wise Platform launches with Wagestream, bringing fairer international transfers to frontline workers

We’re excited to announce our newest partnership with financial wellbeing platform, Wagestream. From October, more than two million workers will now have a fairer, easier way to send money to friends and family abroad from the convenience of the Wagestream app.

As the cost of living rises and employers look for more ways to support their staff, our partnership with Wagestream will mean their end-customers can save by sending money abroad from over 50 currencies, including USD, EUR, CAD and AUD, to more than 70 countries, from within the app. With every transfer they make, customers will see the exact amount that will be sent, the exchange rate, as well as the fee they are paying and the time it will take for money to land in the recipient’s account. All of this makes the process of sending money abroad simple and transparent.

Wagestream makes work more rewarding by giving people access to fair financial services through their employer. Offered through caring employers like Bupa, Co-op, Pizza Express, Next, Greene King and the NHS, people use the Wagestream app to choose when they get paid, manage their budgeting, save for a rainy day, chat to a personal money coach, and get fairer deals on financial products.

“Partnering with Wise will bring a simpler, fairer way of sending money abroad into the Wagestream app - something we know a large proportion of our end-customers are interested in. We’re proud to be partnering with a fellow fintech that believes in fairer financial services and have had a fantastic experience working with the Wise Platform team” said Simon Ashton, Product Development Director at Wagestream.

Fast & simple access to a global ecosystem through Wise Platform

Partnering with Wise Platform allows Wagestream to access our dedicated delivery specialists and leverage our easy to use API’s along with our global ecosystem to build the best possible experience for their customers when sending money abroad.

Surendra Chaplot, Global Head of Product at Wise, said:

“With this integration, Wagestream customers who wish to send money abroad can now access Wise’s fast, cheap and transparent international payments directly from their Wagestream app. We are delighted to be partnering with Wagestream to help them bring fairer financial services and better financial wellbeing to frontline workers.”

Wise Platform allows businesses - including banks, financial institutions, accounting companies and large businesses - to tap into the Wise infrastructure, via the Wise Platform API, to offer their customers instant, convenient, low cost and transparent payments end-to-end from within their own products and services.

Wise Platform is now live with over 50 partners including Google Pay, Monzo and Shinhan Bank, South Korea’s oldest and second largest bank. Find out more here.