Wise
The new way to send, spend, and receive money.
About Wise
Cross-border money transfers at the real exchange rate. Now public, 16M+ customers move ~$10B/month at 8x lower cost than banks.
Pitch deck breakdown
How Wise would pitch themselves.
Target customer
Consumers + businesses needing modern financial services + infrastructure — typically under-served by legacy banks + processors.
Problem they solve
Cross-border money transfers at the real exchange rate. Now public, 16M+ customers move ~$10B/month at 8x lower cost than banks. The category has historically been served by tools that miss the modern workflow this product is built around.
Key differentiator
Wise differentiates on the new way to send, spend, and receive money. Backed by Andreessen Horowitz + Index Ventures — the company has resources + validation to compound this thesis. Founded by Taavet Hinrikus + team.
Go-to-market strategy
Late-stage scale — global enterprise sales force, channel + reseller partnerships, vertical-specific go-to-market motions. Focus on land-and-expand within existing accounts + international expansion.
Company facts
- Category
- Fintech
- Funding stage
- IPO 2021
- Total raised
- Public (LSE: WISE)
- Founded
- 2011
- Team size
- 1001+
- HQ
- London
- Country
- United Kingdom
- Website
- wise.com
Founders of Wise
- Taavet Hinrikus
- Kristo Käärmann
Investors backing Wise
- Andreessen Horowitz
- Index Ventures
- Valar Ventures
Frequently asked questions
What does Wise do?
Cross-border money transfers at the real exchange rate. Now public, 16M+ customers move ~$10B/month at 8x lower cost than banks.
Where is Wise based?
Wise is based in London, United Kingdom.
When was Wise founded?
Wise was founded in 2011.
How much has Wise raised?
Wise has raised Public (LSE: WISE) in their IPO 2021 round.
Who founded Wise?
Wise was founded by Taavet Hinrikus, Kristo Käärmann.
Who has invested in Wise?
Wise is backed by Andreessen Horowitz, Index Ventures, Valar Ventures.