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Corporation
INTERNET | Internet Software & Services / Asset & Financial Management & Trading
wise.com

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Founded Year

2010

Stage

IPO | IPO

Total Raised

$680.33M

Date of IPO

6/18/2021

Revenue

$0000 

About Wise

Wise is a cross-border payments network that serves both personal and business customers. In addition to personal and business accounts, they also offer the Wise Platform, which other fintech companies like Monzo, GoCardless and Xero use to serve their own customers.

Wise Headquarter Location

6th Floor, TEA Building 56 Shoreditch High Street

London, England, E1 6JJ,

United Kingdom

+44 (0) 203 6950 999

Latest Wise News

Wise revenue gains 25per cent in Q2 as money transfer customers jump

Oct 19, 2021

Wise revenue gains 25per cent in Q2 as money transfer customers jump Wise revenue gains 25per cent in Q2 as money transfer customers jump FILE PHOTO: Wise logo is seen on a smartphone in front of a displayed stock graph in this illustration taken June 18, 2021. REUTERS/Dado Ruvic/Illustration/File Photo 19 Oct 2021 02:24PM (Updated: 19 Oct 2021 03:22PM) LONDON :Money transfer company Wise Plc said on Tuesday that its revenue was 132.8 million pounds (US$182.97 million) in the second quarter, a rise of 25per cent from the same period last year. Wise, which listed on the London Stock Market in July, said in a trading update that the growth was due to a rise in customer numbers attracted in part by lower prices. It said almost 4 million customers transferred 18 billion pounds (US$24.8 billion) in the second quarter, up 36per cent from the previous year. The company, which specialises in cross-border transfers and is one of Britain's most well-known fintech "unicorns", said it reduced costs for 1.7 million customers by 8 basis points from the same period last year, to an average of 0.62per cent. That meant its "take rate" - the percentage of money being transferred over its platform that it books as revenue - fell to 0.74per cent from 0.8per cent a year earlier. Wise shares fell as much as 3.2per cent in early trading before recovering nearly all of their losses, and were last down 0.2per cent at 920 pence. Wise said it expects its take rate for the second half to be slightly lower than in the first half, but still anticipates revenue growth for the year to March 2022 to be in the low- to mid-20per cent range over the previous year. Wise will release full interim results on Nov. 30. (US$1 = 0.7260 pounds)

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Expert Collections containing Wise

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Wise is included in 6 Expert Collections, including Smart Money VCs (2017-2019).

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

B

Banking

709 items

F

Fintech 250

248 items

G

Gig Economy Value Chain

155 items

Startups in this collection are leveraging technology to provide financial services and HR offerings to the gig economy industry

P

Payments

1,613 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

2

2018 Fintech 250

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

Wise Patents

Wise has filed 7 patents.

The 3 most popular patent topics include:

  • Artificial intelligence
  • Artificial neural networks
  • Health informatics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/22/2020

5/25/2021

Artificial neural networks, Cardiac arrhythmia, Heart diseases, Health informatics, Artificial intelligence

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5/25/2021

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Related Topics

Artificial neural networks, Cardiac arrhythmia, Heart diseases, Health informatics, Artificial intelligence

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Status

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Wise Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Wise Rank

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