Wise

company

About

Wise is a money transfer service allowing private individuals and businesses to send money abroad without hidden charges.

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
£300M
Industries
Finance,Financial Services,FinTech,Payments
Founded date
Jan 1, 2011
Number Of Employee
1001 - 5000
Operating Status
Active
Stock Symbol
lse:WISE
Legal Name
Wise Ltd.
Also Known As
TransferWise,TransferWise Ltd,Wise

Wise provides a core money transfer product, along with a borderless account for its audience of ex-pats, freelancers, and travelers, which holds over £2 billion in current deposits.

The company features like automated identification verification, online and in-app technical assistance, and estimations of when money transfers will arrive, products and services that meet the needs of clients.

Wise was established in 2011 by Kristo Kaarmann and Taavet Hinrikus in London, England.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
14
£525M $1B €50K
Wise has raised a total of £525M $1B €50K in funding over 2 rounds. Their latest funding was raised on Oct 27, 2022 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 27, 2022 Post-IPO Debt £300M 1 Silicon Valley Bank UK Detail
Jul 7, 2021 IPO Detail
May 20, 2021 Debt Financing £160M 1 Silicon Valley Bank UK Detail
Jul 29, 2020 Secondary Market $319M 7 D1 Capital Partners
Lone Pine Capital
Detail
May 21, 2019 Secondary Market $292M 8 Lead Edge Capital
Lone Pine Capital
Vitruvian Partners
Detail

Investments

Number of Investments
Number of Lead Investments
2
0
Wise has made 2 investments. Their most recent investment was on Aug 2, 2021, when 99math raised $1M.
Date Company Name
Round Money Raised Industry Lead Investor
Aug 2, 2021 99math
Series A $1M
Jan 21, 2019 Farewill
Series Unknown £7.50M Advice

Employee Profiles

Number of Employee Profiles
46
Wise has 46 current employee profiles, including Employee Jenny Miller
Employee
Executive
Executive
Employee
Employee