Wise (company)

Wise, formerly known as TransferWise, is a financial technology company that specializes in international money transfers. Founded in 2011, it allows users to send money across borders at lower fees compared to traditional banks. Wise uses a peer-to-peer system, matching users who want to exchange different currencies, which reduces costs. Its transparent pricing and real exchange rates make it a popular choice for individuals and businesses needing to transfer money internationally. Wise is available through a user-friendly app and website, providing a straightforward service for managing global transactions efficiently.