Brex and Wise are Solving Growing Pain Points for Employers: Global Employee Reimbursements
The “Going Global” Challenge In today’s post-pandemic world where employees can work from anywhere and companies are more frequently hiring beyond their...
Female entrepreneurship in 2017
The opportunity to find workplace autonomy, flexibility and creativity are driving women into entrepreneurship.
For International Women's Day 2017, Wise has conducted a survey exploring the future of female entrepreneurship, trying to understand the unique perspective of those planning to launch their business in 2017.
Millennial women vs. millennial men
Millennial women are willing to launch with less: 77 percent of millennial women would be comfortable launching a business or side gig with a savings of $0-5k, as compared to only 32 percent of millennial males.
Funding remains a major obstacle for women
Nearly 40 percent of women ages 25-34, planning to launch their business this year, cited securing funding as one of the biggest challenges they expect.
New entrepreneurs pursue ideals not financial gains
Millennial women cite their main motivation for business launch as pride in autonomous work (55%), increased flexibility (18.2%), and opportunity to foster creativity (9%). Meanwhile, established entrepreneurs are driven by profits, citing their main motivation to be financial gains (28.6%)
Millennial women show a wide range of expertise
Industries millennial women will enter in 2017 include wholesale (30%), finance (21%), professional services, such as accounting, consulting, web design (14.3%).
Find out all the details in the infographic below. And if you have your own business with international invoices, use Wise Business - it'll save you time and money on your payments, which you can spend on building your new hustle. You can also create and send your invoices by using our invoice generator or the downloadable free invoice templates.
*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
Stop The Exchange Rate Ripoff Report
Hidden exchange rate markups estimated to cost Americans $8.7 billion in 2019 Consumers and businesses lose billions every year when they send and spend money...
Welcome to the Wise Q3 2019 Mission Update
We’ve just finished Q3. It’s time for an update on how much closer we’ve got to making our mission of Money Without Borders a reality.
Revealing our 2019 annual report
Our mission has become irreversible, the company financially independent, and adoption continues to accelerate. Thank you - Wise customers - for...
A good financial year - Closer to money without borders
To the Wise community When my co-founder and I launched Wise 7 years ago, we set out to irreversibly fix how money doesn’t work across...
Wise Mission Report Q2 2018
You have made Wise possible. You keep our lights on, so that we can make money move faster and cheaper for you. This is our Q2 report to you.
