TransferWise (now Wise)

Wise, formerly known as TransferWise, is an online money transfer service that allows individuals and businesses to send money internationally at lower fees than traditional banks. Founded in 2011, Wise uses real exchange rates—without markups—to convert currencies, making transfers faster and more affordable. Users can send money via its website or app, track their transactions, and manage multiple currencies. Wise aims to provide a transparent and efficient alternative to conventional money transfer methods, promoting financial freedom and better rates for individuals sending or receiving foreign currency.