What is Wise?
Wise is a financial application that provides international money transfer services and multi-currency accounts. It serves individuals, businesses, and financial institutions who need to send, receive, and manage money across different countries and currencies. The platform aims to facilitate international transactions with transparent exchange rates. Users can send money internationally, including large amounts, and receive funds from abroad. Individuals can open a multi-currency account and obtain a debit card for spending in various countries. Businesses use Wise to manage team finances, connect accounting software, and handle international transactions for their operations.