Wise Wise (formerly known as Newco) is a financial technology company that provides money transfer and online currency exchange solutions. | |||
Founding Date | Founding Date 2011 | Founding Date 2011 | Founding Date 1998 |
Type | Type Subsidiary | Type Public | Type Public |
Tags | |||
Locations | Locations London, GB HQ Melbourne, AU Paris, FR Paris, FR | Locations London, GB HQ Melbourne, AU Sydney, AU Sydney, AU Brussels, BE Brussels, BE São Paulo, BR see more | |
Employees | Employees 839 | Employees 6,000 | Employees 27,2009% decrease |
Valuation ($) | Valuation ($) N/A | Valuation ($) 96.2 m | Valuation ($) 73.6 b |
Financial | |||
Revenue (est.) | Revenue (est.) £70.4m (FY, 2022) | Revenue (est.) £1.2b (FY, 2025) | Revenue (est.) $33.2b (FY, 2025) |
Cost of goods | Cost of goods £15m (FY, 2022) | Cost of goods £263.1m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit £55.3m (FY, 2022) | Gross profit £955.9m (FY, 2025) | Gross profit N/A |
Net income | Net income (£62.8m) (FY, 2022) | Net income £416.7m (FY, 2025) | Net income $5.2b (FY, 2025) |
Operating ⚠ | |||
Currencies | Currencies N/A | Currencies 40 (FY, 2023) | Currencies 150 (FY, 2022) |
Funding | |||
Total funding raised | Total funding raised $ 217.3m | Total funding raised $ 1b | Total funding raised $ 217m |
Wise (formerly known as Newco) is a financial technology company that provides money transfer and online currency exchange solutions.
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