Wise is upping its investment in payment infrastructure as its customer base grows. The U.K.-based money transfer firm on Thursday (June 13) released year-end results showing double-digit percentage increases in revenue and customer numbers. “We moved £118.5bn around the world for 12.8m customers, 29% more...
Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. That growth brought its total number of active customers to 7.9 million, Wise said in a trading update released Tuesday (April 16). Among those customers...
European embedded finance firm Swan has integrated Wise Platform to enable its clients to send and receive money from more than 190 countries. With Wise Platform, which is Wise’s infrastructure offering for financial institutions and enterprises, Swan’s clients can enable their customers to send and receive funds in more...
In this month’s PYMNTS Provider Ranking of Digital Banking Apps, all movement came from the lower half of the rankings. Acorns and Ally are making moves upward to compete with the others, while Empower and Albert are falling down. Check below to see how the...
April 19, 2022
Consumers are increasingly dependent on digital channels for financial accounts but often still want to use nondigital channels when dealing with complex or unfamiliar areas. While 71% of surveyed consumers said they would be comfortable opening a new credit card account digitally, just 23% said the same about opening a new buy now, pay later […]
July 07, 2021
In an age of stock market debuts across various verticals and listing types, Wise (formerly TransferWise) stands out across the Pond. The $11 billion money movement firm has debuted on...
August 12, 2024
Money transfer firm Wise is reportedly hoping to tap India’s $32 billion remittance market. To that end, Wise plans to begin signing up new customers in the world’s most populous nation after pausing that side of its business in the country, company officials told Bloomberg News Monday (Aug. 12). Wise, based in London, ceased taking new customers in the […]
June 13, 2024
Wise is upping its investment in payment infrastructure as its customer base grows. The U.K.-based money transfer firm on Thursday (June 13) released year-end results showing double-digit percentage increases in...
April 16, 2024
Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. That growth brought its total number of active customers...
April 05, 2024
European embedded finance firm Swan has integrated Wise Platform to enable its clients to send and receive money from more than 190 countries. With Wise Platform, which is Wise’s infrastructure offering for financial institutions...
