Wise, formerly TransferWise, is a peer-to-peer money transfer service, originally started by two Estonian Fintech innovators, Taavet Hinrikus, (Skype’s first employee) and Kristo Käärmann based in the UK. It offers a variety of products and services resulting in over £5 billion being moved around every month, even in the wake of coronavirus.
Wise states it saves individuals and businesses £3 million in hidden fees every day. Currently the service is available in 59 different countries, although it is also adding to that list and now has offices in 14 different locations around the world.
