TransferWise - Reviews and experiences

TransferWise, now known as Wise, is a global technology company that offers financial services, specifically focusing on making international money transfers cheaper, faster, and more transparent for consumers and businesses. Founded in 2011 by Kristo Käärmann and Taavet Hinrikus in London, England, the company was developed out of the founders' personal need to send money abroad more efficiently than was possible through traditional banks. Wise operates on the principle of peer-to-peer money transfer, allowing users to send money in multiple currencies at the real exchange rate, with lower fees compared to traditional banks. Over the years, Wise has expanded its services to include multi-currency accounts and debit cards, catering to a global audience in need of flexible international banking solutions.