Wise

175 results about this entity

Period: 18 Apr 2012 - 12 Apr 2024

/retail

Nubank Ultravioleta enters travel segment

Nubank Ultravioleta, the exclusive experience for high-income Nubank customers, announces its entry into the travel segment with the pre-launch of its Global Account, in partnership with Wise Platform, Wise’s market-leading global infrastructure solution for banks and large companies.

/payments

Nubank teams up with Wise Platform to power global account

Today, Wise Platform, Wise’s infrastructure offering for banks, financial institutions, and enterprises around the world, announced its partnership with Nubank, one of Brazil’s largest financial institutions, to power their global account and international debit card.

/payments

Embedded finance outfit Swan integrates with Wise Platform

Wise Platform, Wise’s infrastructure offering for banks, financial institutions and enterprises around the world, and Swan, the European leader in embedded finance, today announced a new partnership to enable Swan’s clients to send and receive money from over 190 countries quickly, transparently and at a lower cost.

/payments

British SMEs lost £2.8 billion in 2023 to "rip off" bank FX fees says Wise

Money transfer firm Wise is calling on the Government to fix weak legislation which enables banks to hide the cost of FX transfer fees charged to small and medium businesses.

/payments

Top 5 payment stories you missed in January 2024

Fintech is a busy world and sometimes we miss out on the biggest stories. Here are some of the top stories we saw in January 2024.

/retail

Wise accuses high street banks of hidden exchange rate fees

For GBP to EUR, Wise reports that HSBC has the highest fee for exchange rates (3.7%), followed by Lloyds at 3.6%, Barclays at 2.75%, and NatWest, TSB and Santander all at 2.5%.

/payments

Wise upgrades guidance as Q3 customer numbers surge

Cross-border payments firm Wise continued to rack up new customers in Q3, leading to a 40% increase in income to £375.1 million.

/payments

HSBC to take on Wise with launch of money transfer app

HSBC is looking to take on money transfer behemoth Wise with the launch of a global currency conversion app.

/payments

Allica Bank signs with Wise for cross-border money transfers

Wise Platform, Wise’s global payment infrastructure for banks and major enterprises, today announces a new partnership with Allica Bank to provide UK businesses with a transparent and low-cost way to send money internationally.

/payments

Webexpenses forms partnership with Wise Platform

Webexpenses has announced a new partnership with Wise Platform, Wise’s infrastructure solution for banks and enterprises, to deliver same-day expense reimbursements.

/retail

Wise and Kia Commodore join forces to wake up 'Lazy Money'

Brits are suffering from the scourge of ‘Lazy Money’, according to new research by Wise, the international money account.

/payments

Wise pre-tax profits quadruple for H1 2023

Money transfer firm Wise has reported a stellar set of results, achieving pre-tax profits of £194.3 million for H1 2023, up 280% year-on-year.

/payments

Payhawk releases international payments in fifty currencies in partnership with Wise Platform

Today, Payhawk, the global spend management solution, announces a new International Payments feature in partnership with Wise Platform.

/payments

Wise shares up as profit guidance hiked

Shares in money transfer behemoth Wise have leapt on the back of an income guidance upgrade for FY24.

/payments

Wise gives businesses more control over managing expenses

Wise Business, Wise’s business account for going global, has launched ‘Groups’, giving businesses enhanced control and flexibility over how their money is spent.

/Sibos

Sibos 2023: Wise and Swift move to put hero-villain narrative to bed

Wise’s new collaboration with Swift could make the money transfer giant’s own app redundant, believes CEO Kristo Käärmann. That’s his objective.

/payments

Saudi Awwal Bank signs with Wise

Saudi Awwal Bank has entered into an agreement with Wise, a global leader in international money transfers and management, with the aim to provide “SAB’s” customers with fast, secure, and cost-effective solutions for sending and receiving money internationally.

/payments

Barely half of banks’ own staff would recommend their international payment services to customers

A recent survey has revealed that only 51% of employees at the UK’s top banks would recommend their respective institutions’ international payments services.

/payments

Wise buoyed by rising interest rates and customer growth

Money transfer firm Wise is reporting a strong first quarter, driven by 33% year-on-year growth in active customers to 6.7 million and rising interest income.

/payments

Higher interest rates help Wise triple profits

Shares in Wise soared by more than 18% on Tuesday on news that the money transfer app saw its full year pre-tax profits triple, boosted by rising interest rates.