Wise Business: Transform Financial Management for Your Microbusiness in Brazil

Wise has just launched Wise Business, a multi-currency business account that promises to revolutionize the Brazilian market. This innovation addresses a growing need: simplifying the internationalization of microbusinesses by offering streamlined and accessible tools to manage global transactions.

What sets Wise Business apart? In addition to being the first business account in Brazil to offer 40 currencies, it is the only one in the market to provide an integrated international Visa debit card. This combination delivers a practical and comprehensive solution, enabling Brazilian microbusinesses to expand their global operations with fewer barriers and lower costs.

With Wise Business, micro-entrepreneurs can receive payments from around the world in more than 18 currencies, choose the ideal time to convert funds, and use their Visa business debit card to send or spend money in the local currency.

Why is Wise Business Unique?

1. Receive and Pay Like a Local

With Wise Business, microbusinesses can generate bank details in over 18 currencies, including USD, EUR, and GBP, to receive international payments quickly and conveniently. What does this mean? You get bank details in another currency, allowing your clients or contractors to make payments via local bank transfers. The money is credited in seconds directly into your Wise account in the currency of your choice.
Speed is a highlight: 63% of transfers arrive in less than 20 seconds, and 95% are completed within 24 hours.

2 Financial Control with Wise’s Business Card

The international debit card allows online and in-store purchases in more than 40 currencies across 150 countries. Microbusinesses can request physical and digital cards, set spending limits for team members, and monitor all expenses in real-time, ensuring more efficient financial management.

3. Strategic Currency Conversion

Foreign currencies can be converted into Brazilian Reais with transparent and competitive rates, displayed in real-time via the app. Funds are instantly available for Pix transfers or use with the Wise card.

4. Simplified International Transfers

Send Brazilian Reais to over 70 countries directly from the app, with clear and competitive costs guaranteed.

5. Transparency as a Priority

At Wise, all fees are transparently displayed, with no hidden charges or inflated exchange rates. This ensures that microbusinesses always know exactly how much they’ll spend or receive.

6. Multi-Currency Invoicing

Wise Business also facilitates the creation of professional invoices, integrating the billing and reconciliation of international payments seamlessly.

A Market Ready to Grow

According to research commissioned by Wise, 68% of Brazilian entrepreneurs who currently lack international operations plan to start offering services abroad within the next 12 months. However, many still face challenges like high exchange costs and unclear fees.

Wise Business is a direct response to these difficulties, offering an accessible, efficient, and transparent alternative for microbusinesses looking to expand globally.

Why Choose Wise Business?

Wise Business solves the main obstacles microbusinesses face — such as high costs, lack of transparency, and slow processes. This enables entrepreneurs to focus on growing their businesses while simplifying their international financial operations.

If you’re a micro-entrepreneur dreaming of global expansion, Wise Business offers everything you need in one place. It’s more than an account; it’s the key to accessing new markets.

How much does it cost to open a Wise Business Account?

To open your Wise Business account, there’s a one-time fee of R$250, which includes one physical card and up to five digital cards. This fee is charged only during account creation. After that, there are no recurring maintenance or card fees. The only applicable charges will be related to currency conversion and fund transfers.

Ready to transform your financial management and take a step toward the global market? Discover Wise Business today.