Message from CEO
Today, we’re changing our name from TransferWise to Wise.
Our customers now need us for more than money transfers. Sending, spending, and receiving money internationally is too expensive, slow, and inconvenient. We’re fixing that for people and businesses.
You can skip ahead to see what changes for you (spoiler: not much, right away), but first, let’s go back a bit.
A decade into our mission
Ten years ago, Taavet and I set out to fix international money transfers for all of us who’d been overcharged and underserved by banks. We named our idea ‘TransferWise’ — because our early customers were ‘wise’ to know their banks were charging hidden fees in exchange rate markups.
We set ourselves a mission to make money work without borders — to make money move instantly, transparently, conveniently, and — eventually — for free.
Today, we’re changing our name from TransferWise to Wise.
Our customers now need us for more than money transfers. Sending, spending, and receiving money internationally is too expensive, slow, and inconvenient. We’re fixing that for people and businesses.
You can skip ahead to see what changes for you (spoiler: not much, right away), but first, let’s go back a bit.
A decade into our mission
Ten years ago, Taavet and I set out to fix international money transfers for all of us who’d been overcharged and underserved by banks. We named our idea ‘TransferWise’ — because our early customers were ‘wise’ to know their banks were charging hidden fees in exchange rate markups.
We set ourselves a mission to make money work without borders — to make money move instantly, transparently, conveniently, and — eventually — for free.