Wise (WISE.L) is a publicly traded Cross-Border Payments company founded in 2011 and based in London, United Kingdom.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Jul 7, 2021 | IPO | — | $11B | — |
| May 22, 2019 | Growth | $292M | $3.5B |
| Lead Edge Capital, Lone Pine Capital, Vitruvian Partners |
| Nov 2, 2017 | Series E | $280M | $1.6B | Old Mutual Global Investors, IVP |
| May 25, 2016 | Series D | $26M | $1.1B | Baillie Gifford |
| Jan 26, 2015 | Series C | $58M | $1B | Andreessen Horowitz |
| Jun 10, 2014 | Series B | $25M | — | Richard Branson |
| May 14, 2013 | Series A | $6M | — | Valar Ventures |
| Apr 17, 2012 | Seed | $1.3M | — | IA Ventures, Index Ventures |
Wise faces regulatory investigation, losing a fifth of market value and raising questions about cross-border payment supervision.

Wise scales marketing spend to 5% of revenue, tapping World Cup travel demand with a sports sponsorship campaign targeting 19M customers.
Wise acquires Expatica, an online resource for expats, to expand its platform presence.
Belgian prosecutors investigate Wise over alleged money laundering linked to fraud, drug trafficking, and corruption.
Finextra examines Wise's product architecture and technology stack following its Nasdaq listing.
A multi-currency account that lets individuals hold, manage, and exchange over 40 currencies at the real mid-market exchange rate. Users can send money abroad with transparent, low fees displayed upfront before any transaction is initiated. It bypasses traditional SWIFT banking rails by routing transfers through local payment systems, enabling near-instant settlement in many corridors. The account also provides local bank details in multiple countries, making it easier to receive payments as a local.
Designed for small to medium-sized enterprises that need to make international payments, pay overseas contractors, and manage multi-currency cash flow. It offers the same mid-market exchange rate and low fees as the personal account, but with added features like batch payments, integration with accounting software (Xero, QuickBooks), and multi-user access. Businesses can hold balances in over 40 currencies and convert between them instantly at the real rate.
A debit card linked to the Wise Account that automatically spends from the correct currency balance, avoiding foreign transaction fees and poor exchange rates. It supports both physical and virtual cards, works in over 170 countries, and can be used with Apple Pay and Google Pay. When no local currency balance exists, Wise converts from the user's home currency at the mid-market rate with a small conversion fee shown upfront.
An API-first infrastructure product that enables banks, financial institutions, and large enterprises to embed Wise's cross-border payment rails directly into their own platforms. Partners like Monzo, N26, and Xero use Wise Platform to offer their customers international transfers without building their own payment networks. It provides the same speed, transparency, and cost savings as Wise's consumer products, but as a white-label or integrated solution.
9 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.