Wise

Wise

Low-cost international money transfers with API

Overview

Wise enables international money transfers with lower fees by using a peer-to-peer model to match transfers across borders. It offers a multi-currency account for holding and managing money in different currencies and provides an API for businesses to integrate Wise transfers into their platforms. Unlike traditional banks that charge higher fees and poor exchange rates, Wise uses transparent, small-per-transaction fees and real-time exchange rates to reduce costs. Its approach differentiates it from competitors by emphasizing simplicity, cost transparency, and a broad API for business integration. The goal is to make cross-border payments cheaper, faster, and more transparent for individuals and businesses around the world.

About Wise

Simplify's Rating
Why Wise is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Fintech

Financial Services

Company Size

10,001+

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

2011

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Simplify's Take

What believers are saying

  • FY26 net revenue rose 19% to $2.5 billion, topping the target range.
  • Wise expanded Brazil Pix-key transfers in August 2026, lowering friction for cross-border remittances.
  • Wise Philippines fully integrated with InstaPay and PESONet, now processing 12% of inward remittances.

What critics are saying

  • Belgian prosecutors investigate Wise Europe over €500 million suspicious transactions tied to money laundering.
  • The OCC denied Wise’s U.S. trust bank charter on July 24, 2026.
  • Wise U.S. faces class actions over AML and terrorism-financing disclosures through September 29, 2026.

What makes Wise unique

  • Wise processed $243 billion in FY26 across 19 million customers, proving real scale.
  • Wise holds 80+ licenses and 9 domestic payment connections, enabling local-rail execution.
  • Wise’s multi-currency account and API deepen retention across consumers, businesses, and platforms.

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Funding

Total Funding

$1.1B

Above

Industry Average

Funded Over

12 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

PTO & annual leave

Work from home flexibility

Parental leave

Medical insurance plans

Health & wellbeing discounts

Pension & retirement plans

Social events

Relocation support

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-1%

2 year growth

-3%
MarketBeat
Aug 30th, 2026
Thornburg Investment Management Inc. takes position in Wise Group plc $WSE.

Thornburg Investment Management Inc. takes position in Wise Group plc $WSE. August 30, 2026 Key points. * Thornburg Investment Management acquired 168,669 Wise Group shares worth approximately $2.0 million, while several other institutional investors also established new positions during the second quarter. * Wise Group shares opened at $13.04, down 0.6%, after the company reported quarterly EPS of $0.12 and revenue of $576.48 million. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $16.52. * The company faces securities-class-action litigation alleging misleading disclosures about compliance with anti-money-laundering and counter-terrorist-financing requirements, creating potential legal, regulatory, financial and reputational risks. * Five stocks we like better than Wise Group. Thornburg Investment Management Inc. acquired a new position in Wise Group plc (NASDAQ:WSE - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 168,669 shares of the company's stock, valued at approximately $2,009,000. Thornburg Investment Management Inc. owned 0.13% of Wise Group at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also recently made changes to their positions in WSE. Public Employees Retirement System of Ohio acquired a new position in Wise Group during the second quarter valued at $1,265,000. Van ECK Associates Corp acquired a new stake in Wise Group during the 2nd quarter worth about $1,608,000. Madison Asset Management LLC acquired a new stake in Wise Group during the 2nd quarter worth about $1,725,000. Finally, Royal London Asset Management Ltd. purchased a new position in shares of Wise Group during the 2nd quarter valued at about $2,514,000. Wise Group trading down 0.6%. Shares of Wise Group stock opened at $13.04 on Friday. The stock has a 50-day moving average price of $12.44. Wise Group plc has a fifty-two week low of $10.36 and a fifty-two week high of $17.47. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 1.07. Wise Group (NASDAQ:WSE - Get Free Report) last posted its earnings results on Thursday, June 25th. The company reported $0.12 EPS for the quarter. The business had revenue of $576.48 million for the quarter. On average, equities research analysts forecast that Wise Group plc will post 0.57 earnings per share for the current year. Key stories impacting Wise Group. Here are the key news stories impacting Wise Group this week: * Several law firms, including SBS, Kaplan Fox, Rosen Law Firm, and others, reminded investors that a securities class action has been filed against Wise Group and certain officers. The case covers investors who purchased Wise securities from May 11 through July 23, 2026, with a September 29 deadline to seek lead-plaintiff status. The repeated notices increase visibility around the litigation and may weigh on investor sentiment. * The allegations reportedly concern statements that Wise represented compliance with AML and CTF requirements while regulators were documenting "long-standing deficiencies" at Wise's U.S. operations. If substantiated, the claims could create legal costs, potential damages, regulatory exposure, and reputational risk. The allegations have not been proven in court. * Wise Group announced that its 2026 annual general meeting will take place on September 24, 2026. The announcement provides meeting details but does not identify a new operating, financial, or strategic catalyst. Analysts set new price targets. Several equities analysts have recently issued reports on WSE shares. Barclays raised Wise Group to a "strong-buy" rating in a report on Tuesday, July 7th. JPMorgan Chase & Co. reduced their price target on Wise Group from $17.50 to $17.30 and set an "overweight" rating for the company in a research report on Friday, July 17th. Wall Street Zen upgraded Wise Group from a "sell" rating to a "hold" rating in a research report on Saturday, June 27th. BNP Paribas Exane assumed coverage on Wise Group in a report on Monday, June 1st. They issued an "outperform" rating and a $16.69 price target for the company. Finally, The Goldman Sachs Group upgraded Wise Group to a "strong-buy" rating in a research report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $16.52. Discover more Dividend Screener Financial News Wise Group profile. Wise Group PLC is a technology company. Its product offering includes Wise Account, Wise Business and Wise Platform. Wise Account is its solution for people with cross-border financial needs. Wise Business offers product along with business-specific functionalities designed to enable business customers. Wise Platform provide financial services for banks, financial institutions and enterprises. Wise Group PLC is based in LONDON, United Kingdom. Want to see what other hedge funds are holding WSE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wise Group plc (NASDAQ:WSE - Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Wise Group, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wise Group wasn't on the list. While Wise Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you'll find 7 stocks that could play a major role in the next tech-driven market boom.

Payconsulting
Aug 27th, 2026
Wise vs Stripe 2026: compliance and financial risk comparison.

Wise vs Stripe 2026: compliance and financial risk comparison. 27/08/2026 Payconsulting Compass Risk Benchmarking, AML Sanctions, and Payment Security Introduction. This technical comparison evaluates the risk and compliance profiles of Wise and Stripe, two pillars of the global financial infrastructure. The analysis is based on G2 Risk Solutions reports from March 2026 and highlights the differences between cross-border remittances and online payment processing. Platform role and exposure. Wise focuses on international money transfers, while Stripe is the dominant processor for online commerce. Both entities reach the maximum level of systemic risk due to the massive scale of their operations and the complexity of the networks they manage. Transparency and legal framework. Both platforms maintain a Compass Score of 1000, placing them in the Critical Risk category. Stripe has a longer monitoring period of 107 months compared to the 45 months recorded by Wise. Both infrastructures are critical for global capital movement. Operational risk. Network integrity is the primary challenge for both, with incidents linked to their sub-merchants. Wise registers 4 confirmed transaction laundering cases, while Stripe reports 6 cases linked to illicit activities such as illegal drugs and nutraceuticals. Stripe demonstrates efficient claims management with an A+ rating from the BBB. User Trust and external signals. Stripe faces a negative perception with a 1.8/5 Trust Score, where 50% of reviews are one-star due to account blocks. Wise presents critical legal exposure with CFPB fines of 2.5 million dollars for illegal remittance practices. Sanctions and legal exposure. Wise has faced sanctions of 360,000 dollars in Abu Dhabi for AML protocol failures and has been flagged in Ghana for operating without authorization. Stripe, while having low current legal risk, faces a heavy administrative burden from historical commercial litigation in the US. Content compliance. Systems monitor terms that could indicate the use of these platforms for unregulated purposes. For Stripe, keywords like Bitcoin, Cryptocurrency, Jihad, or Opium are monitored. Wise is monitored for terms such as Money Transfer and MSB (Money Service Business). Data governance risk. Both maintain solid technical infrastructures with valid SSL certificates. Wise shows exceptional domain maturity with 32 years of registration. Stripe has a diversified acquirer network, with 5 active out of 8 registered. Kynara insight. Wise represents the highest operational risk in terms of regulatory compliance due to its role in remittance flows. If you wish to obtain compliance services to perform Enhanced Due Diligence (EDD) on these financial pillars, you may visit the following link: https://kynara.payconsulting.es/ Compliance risk summary. While Wise faces international licensing challenges, Stripe is a constant target for transaction laundering through fictitious e-commerce. EU VAT Consideration. Global financial operations require rigorous EU VAT control. If you wish to obtain services regarding VAT and taxation for international Fintech services, you may visit the following link: https://vies.payconsulting.es/ Final assessment. It is recommended to prioritize sub-merchant network monitoring for Stripe and the validity of international licenses for Wise. Both platforms require continuous supervision to mitigate systemic risks. Disclaimer. This analysis is based on publicly available data and monitoring signals from March 2026. It does not constitute legal advice.

TLDR Africa
Aug 25th, 2026
Moniepoint is shutting down MonieWorld, its UK-to-Nigeria remittance service, after 14 months due to intense market competition.

Moniepoint is shutting down MonieWorld, its UK-to-Nigeria remittance service, after 14 months due to intense market competition. August 25, 2026 Technext nigeria 548 words Tl;dr. Moniepoint launched MonieWorld in June 2025 to enable Nigerians in the UK to send money directly to Moniepoint accounts in Nigeria. The service stopped processing transactions on August 15, 2026, and will completely shut down on September 15, 2026. Intelligence. MonieWorld struggled to establish a competitive edge against entrenched remittance players like Wise, Remitly, WorldRemit, LemFi, and Grey. This closure signals that domestic market dominance in Nigeria does not guarantee success in highly competitive, heavily regulated Western remittance corridors. For other Nigerian fintech firms planning international diaspora-targeted products, MonieWorld's exit highlights the massive cost of customer acquisition and regulatory compliance in markets like the UK. Future expansions will require deeper localization or aggressive pricing advantages to compete with deeply entrenched giants like Wise and Remitly. 12 companies and people in this story have tracked profiles. Filed under: Recommended reading. Picked for you by topic, popularity and relevance - not just the newest posts. Related topics FEC approves 2 NIGCOMSAT satellites to expand broadband coverage Related topics Invest Kenya, EAVCA partner to attract private capital Related topics Exits MENA acquires Avanz Capital Egypt Related topics Standard Bank secures €456M financing deal for Genser Energy Related topics Stanbic IBTC's privacy judgment is a warning to every brand holding customer data Related topics SA's Verascient secures $1.2M to revolutionize enterprise knowledge management

Investors Hangout
Aug 19th, 2026
Wise Group faces class action over regulatory risks.

Wise Group faces class action over regulatory risks. Chaotic days for Wise Group. Well, let's dive straight into the mess that's unfolding with Wise Group plc (NASDAQ: WSE). Their stock's been on quite the rollercoaster - dropping like a rock after some serious claims hit the news. Now there's a class action lawsuit in the works, and anyone who's bought their shares from May 11 to July 23, 2026, might want to pay attention. Behind the legal curtain. Robbins LLP is waving the red flag, reminding folks that this lawsuit isn't just noise. The big claim? Wise executives might have been showing a little too much optimism about their anti-money laundering frameworks and compliance measures. In plain terms, some allege that they painted a rosy picture that didn't exactly match the true color of their operational risks. It's not just idle chatter either. The Brussels Public Prosecutor has an active investigation going, and the allegations involve a potential €500 million in shady transactions tied to some heavy accusations like fraud and corruption. Once that hit the airwaves, investors saw their shares tank more than 15% in a few days. A blow to ambitions stateside. Adding insult to injury, on July 24, the Office of the Comptroller of the Currency put its foot down and denied Wise's bid for a U.S. national trust bank license. This wasn't some whim either - William Tell didn't get turned down by fluke - it's all about those nagging compliance failures that apparently go way back. Unsurprisingly, shares dipped another 6.2% the same day the news got around. "Behind everything we do is the belief that companies should be governed responsibly," says Robbins LLP's Brian J. Robbins. Why investors should peek their heads in. Here's the juicy bit for anyone holding NASDAQ:WSE during those tricky couple of months: you might just have some cards to play in this legal drama. Investors Hangout, LLC is talking about leading the class action lawsuit if you make the cut, meaning you could be the principal voice if this thing goes the distance. The critical deadline here is September 28, 2026. That's the day folks need to have their paperwork neatly filed if they're considering stepping up as a lead plaintiff. And don't get spooked about doling out cash over this - the attorneys at Robbins LLP run this legal crusade on a contingency fee basis. They pocket their cheques only if they walk away with a win on their score sheet. What's at Stake? Sure, you don't have to lead the charge to potentially bag some slices if this lawsuit snags a jackpot. But taking the lead offers a shot at steering the ship, calling the shots, and possibly getting a bigger slice of any recoveries if they're landed. Given Robbins LLP's track record, with more than a billion reclaimed for investors over the years, there's a decent precedent here, although nothing's guaranteed. So investors, it might be time to dust off those due diligence hats and think strategically. Final considerations. No smoke without fire, as the saying goes. Wise Group isn't alone here - there's no shortage of companies caught juggling regulatory risks and trying to stay in the clear. But paying heed to the integrity of disclosures has never been more crucial, especially when bags of money and market reputations hang in the balance. Wise's debacle is just another stern reminder of the cautionary tales lining Wall Street. For those keen investors looking to keep a pulse on the next twist, Robbins LLP offers handy alerts for when key pieces leap from the board. It's one way to stay ahead - or at least above water - when futures start looking cloudy. The drama might be heating up, but the lessons linger: transparency and proper compliance are non-negotiables in today's corporate maelstrom.

IT Security News
Aug 18th, 2026
Heights Finance data breach: What customers need to know.

Heights Finance data breach: What customers need to know. 2026-08-18 13:08 Leaked personal and financial data of around 750,000 US citizens, including SSNs and bank details, could put victims at risk of identity theft and phishing. Read the original article: Wise, a prominent financial technology company, recently disclosed a data breach impacting some customer accounts due to a ransomware attack on their former partner, Evolve Bank & Trust. The breach has raised significant concerns about the security of third-party partnerships, especially in financial services. From 2020 to 2023, Wise partnered... Information security software July 5, 2024 In "CySecurity News - Latest Information Security and Hacking Incidents" A data breach at Florida-based recruitment firm MNA Healthcare has left sensitive information of over 14,000 healthcare workers and 10,000 hospitals exposed. Discovered on June 20, 2024, by the Cybernews research team, the breach was caused by a misconfiguration that left a database backup publicly accessible online. The database contained... September 15, 2024 In "CySecurity News - Latest Information Security and Hacking Incidents" A massive healthcare data breach has exposed the sensitive information of more than 624,000 individuals, putting Social Security numbers, financial details, and account credentials at risk.The breach targeted Healthcare Services Group Inc. (HSGI), a Pennsylvania-based company that manages dining, housekeeping, and laundry services for hospitals across 48 U.S. states... September 5, 2025 In "CySecurity News - Latest Information Security and Hacking Incidents"

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