Wise is a global financial technology company that provides international money transfer and banking services. Its primary goal is to make sending and receiving money across borders cheaper, faster, and more transparent than traditional banks.

The platform offers a multi-currency account that allows users to hold, send, and receive money in over 50 currencies. This feature is particularly useful for individuals who travel frequently, work remotely for international companies, or have family and friends abroad. Wise aims to eliminate hidden fees and unfavorable exchange rates often associated with international transactions.

Wise also offers debit cards linked to the multi-currency account, enabling users to spend money in different currencies at the mid-market exchange rate. The company emphasizes its commitment to transparency, showing users exactly how much they will pay and receive upfront, with no hidden markups.