OverviewSuggest Edit
Wise (formerly known as TransferWise) is a foreign exchange and money remittance company. It provides a mobile app that enables users to send money abroad at the real exchange rate and track transfers in their accounts.
| Type | Public | |
| Founded | 2011 | |
| HQ | London, GB | Map |
| Website | wise.com | |
| Employee Ratings | More |
Key People/Management at Wise
Taavet Hinrikus
Alex Rampell
Kristo Kaarmann
Clare Gilmartin
Ben Steyn
Hooi Ling Tan
Wise Office Locations
Wise Financials and Metrics
Wise Revenue
| GBP | |
|---|---|
Revenue (H1, 2022) | 256.3m |
Gross profit (H1, 2022) | 190.6m |
Net income (H1, 2022) | 12.7m |
EBITDA (H1, 2022) | 50.0m |
EBIT (H1, 2022) | 38.4m |
Market capitalization (27-Apr-2022) | 5.5b |
Closing stock price (27-Apr-2022) | 3.9 |
Cash (30-Sept-2021) | 4.2b |
EV | 1.4b |
- Source: Company Filings
| GBP | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|
Revenue | 177.9m | 302.6m | 421.0m |
Cost of goods sold | (66.5m) | (111.4m) | (151.7m) |
Gross profit | 111.8m | 191.4m | 273.1m |
| GBP | H1, 2022 |
|---|---|
Revenue | 256.3m |
Cost of goods sold | (66.6m) |
Gross profit | 190.6m |
- Source: Company Filings
| GBP | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|
Cash | 856.1m | 2.1b | 3.4b |
Accounts Receivable | 87.9m | 52.1m | 44.3m |
Prepaid Expenses | 5.3m | 8.5m | 7.1m |
| GBP | H1, 2022 |
|---|---|
Cash | 4.2b |
Accounts Receivable | 62.9m |
Prepaid Expenses | 5.8m |
- Source: Company Filings
| GBP | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|
Net Income | 10.3m | 15.0m | 30.9m |
Depreciation and Amortization | 6.3m | 20.6m | 21.7m |
Accounts Payable | 7.5m | 9.1m | 30.0m |
| GBP | H1, 2022 |
|---|---|
Net Income | 12.7m |
Depreciation and Amortization | 11.6m |
Accounts Payable | 33.2m |
- Source: Company Filings
| GBP | FY, 2019 |
|---|---|
Revenue/Employee | 136.8k |
Wise Operating Metrics
Wise Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| PT TransferWise International Indonesia | ||
| TINV Ltd. | ||
| TransferWise Australia Pty Ltd | ||
| TransferWise Borderless Limited | ||
| TransferWise Brasil Correspondente Cambial Ltda. | ||
| TransferWise Brasil Corretora de Câmbio Ltda | ||
| TransferWise Canada Inc | ||
| TransferWise Europe S.A. | ||
| TransferWise Hong Kong Limited | ||
| TransferWise Inc. |
Wise Revenue Breakdown
Wise revenue breakdown by business segment: 81.1% from PERSONAL and 18.9% from BUSINESS
Wise Cybersecurity Score
Wise Online and Social Media Presence
114.42k Twitter followers
Wise has 114.42k Twitter Followers. The number of followers has increased 3.6% month over month and increased 5.9% quarter over quarter
Wise's Trends
Twitter Engagement Stats for @wise
90.9k
Tweets
3.5k
Following
114.4k
Followers
1k
Tweets last 30 days
0.4
Avg. likes per Tweet
14%
Tweets with engagement
Wise News and Updates
Transferwise 'would not set up in London' if launching now
Taavet Hinrikus, the founder and CEO of money transfer service TransferWise, speaks to Adam Parsons about why London has become a hub for financial technology but explains why he wouldn't choose to headquarter his firm here if he was launching it today.How The Founders Of TransferWise Came Up With The Idea For Their Billion-Dollar Company
The London money-transfer startup TransferWise is now worth nearly $1 billion, a huge milestone for any tech startup — especially in Europe.Wise opens the gate for US investors with ADR program
Wise plc American Depositary Receipt Program
Directors/PDMR Shareholding
Total Voting Rights and Capital
Wise Frequently Asked Questions
When was Wise founded?
Wise was founded in 2011.
Who are Wise key executives?
Wise's key executives are Taavet Hinrikus, Alex Rampell and Kristo Kaarmann.
How many employees does Wise have?
Wise has 2,243 employees.
What is Wise revenue?
Latest Wise annual revenue is £421 m.
What is Wise revenue per employee?
Latest Wise revenue per employee is £187.7 k.
Who are Wise competitors?
Competitors of Wise include Remitly Global, N26 and Qonto.
Where is Wise headquarters?
Wise headquarters is located at 56 Shoreditch High St, Shoreditch, London.
Where are Wise offices?
Wise has offices in London, New York, Tampa, Melbourne and in 17 other locations.
How many offices does Wise have?
Wise has 21 offices.
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