News, Payment

Wise reports robust FY24 results with 29% customer growth and strategic investments

calendar_today June 19, 2024 schedule 4 min read

“Get paid without losing out.” This slogan encapsulates Wise’s mission: to provide international payments that maximize recipients’ funds while minimizing handling costs and ensuring transparency throughout the process, thus ensuring customer growth. This commitment has led to significant success for Wise, a global technology company renowned for its innovative solutions in international money transfers. The […]

Use of traditional banks for money transfers by majority of Filipinos leads to higher fees and extra costs — study

calendar_today May 20, 2024 schedule 5 min read

Research commissioned by Wise, a global money transfer firm, reveals that 73% of Filipinos still use traditional platforms like domestic banks for international transactions, leading to higher fees. Additionally, only 21 per cent are aware of the “extra costs” charged to them through exchange rate mark-ups. Given the importance of remittances to the Philippines, which […]