Like many good stories, this one starts with two friends.
They’re both from Estonia. Taavet, who was the first employee at Skype, lived in London but got paid in euros. Kristo worked for Deloitte, also lived in London, and got paid in pounds. But he had a mortgage in euros back in Estonia.
They both moved their money with their banks — which had expensive fees and bad exchange rates. They knew there had to be a better way. So they put their heads together and invented a beautifully simple workaround.
We're building money without borders — making it move faster, more conveniently, and eventually for free. Powering money for people and businesses: to pay, to get paid, to spend, in any currency, wherever you are, whatever you’re doing. It's not empty words. Our teams are dedicated to making each part of it a reality.
A better way to move money across borders
There was no waiting, no stress, and no extra cost. ‘There must be others like us…’ they thought. So they started a company, called it TransferWise, and hired a team to build the best way to send money between countries.
As we grew, we realised that people needed more than just money transfers. So we added a multi-currency account, a debit card, and a business account, and changed our name to Wise.
Sign up with Wise to start sending, spending, and receiving money internationally
Millions of people and businesses trust us to move their money, saving them bank fees and time. With the Wise account, they hold balances in over 50 currencies, and use our debit card to shop and spend while abroad.
We’ve partnered with banks and companies like Monzo, Bolt, and GoCardless, to bring their customers better international banking. And people like Richard Branson, and PayPal co-founder Max Levchin, among others, have invested in our vision.
Join us today for better international banking
Three things we believe about sending money
It should be low-cost and fair
It should be easy
It should be fast
See how our customers use us
Read some of the stories of how Wise helps people manage their money in our Lives Without Borders series.
Inside the rise of the $5 billion money-transfer fintech Wise, which has been profitable for years and is exploring an IPO.Read article
TransferWise: the UK fintech grows up. Rapid expansion of money transfer group has fuelled competition from bigger rivals.Read article
Google has teamed up money transfer firm Wise to let U.S. users send money to India and Singapore.Read article