Remitly Competitors and Similar CompaniesClear all
Xoom's competitors and similar companies include Wise.
 Xoom Xoom is a digital money transfer provider that allows users to send money, pay international bills, or reload phones. |  Wise Wise (formerly known as Newco) is a financial technology company that provides money transfer and online currency exchange solutions. | |
Founding Date | Founding Date 2001 | Founding Date 2011 |
Type | Type Subsidiary | Type Public |
Tags | ||
Locations | Locations San Francisco, US HQ | Locations London, GB HQ Melbourne, AU Sydney, AU Sydney, AU Brussels, BE Brussels, BE São Paulo, BR see more |
Employees | Employees 230 | Employees 6,000 |
Financial | ||
Revenue (est.) | Revenue (est.) $159.1m (FY, 2014) | Revenue (est.) £1.2b (FY, 2025) |
Cost of goods | Cost of goods $45.4m (FY, 2014) | Cost of goods £263.1m (FY, 2025) |
Gross profit | Gross profit $113.7m (FY, 2014) | Gross profit £955.9m (FY, 2025) |
Net income | Net income ($26.3m) (FY, 2014) | Net income £416.7m (FY, 2025) |
Operating ⚠ | ||
Active Customers | Active Customers 1.5 m (Q3, 2015) | Active Customers 650 k (FY, 2023) |
Countries | Countries 130 (May, 2019) | Countries 170 (FY, 2023) |
Funding | ||
Total funding raised | Total funding raised $ 116.5m | Total funding raised $ 1b |
For sources of this data, please see the company profile
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Wise
HQ
London, GB
Employees
6,000
Wise (formerly known as Newco) is a financial technology company that provides money transfer and online currency exchange solutions.
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