Tag "TransferWise"
TransferWise Rebrands to Wise Ahead of Singapore Office Expansion
London-based fintech unicorn TransferWise announced its rebranding to Wise and the strengthening of its Asia Pacific presence with the expansion of its office in Singapore. Originally launched in 2011 as a money transfer service for people, the company has expanded
Read MoreTransferWise and Visa Expands Global Partnership
Visa and TransferWise, a London-based online money transfer service, announced a global partnership and the first use of Visa Cloud Connect. This enables fintech startups and partners to securely connect to VisaNet, Visa’s global processing network, through the public cloud.
Read MoreTransferWise Records a Whooping 70% Revenue Growth in the Past Year
Fintech unicorn TransferWise announced that its annual revenue had grown by 70%, hitting a profit of £302.6 million (S$531.65m) for the past financial year. TrnasferWise recorded a net profit of £21.3 million (S$37.42m) for fiscal year ending March 2020. The
Read MoreTransferWise and Mastercard Further Enhance Their Global Partnership
Mastercard and TransferWise have announced an expanded partnership to enable the issuance of cards in any market around the world where Mastercard is accepted and TransferWise is licensed for its multi-currency borderless account. TransferWise has been working with Mastercard since the
Read MoreTransferWise Announces Partnership with Aspire On the Back of Its US$ 5 Billion Valuation Spike
TransferWise announced today a new partnership with Singapore-based fintech Aspire, concurrent with news of its valuation jumping to US$ 5 billion. Aspire provides digital financial services such as credit lines, business accounts and corporate cards for small and medium-sized enterprises
Read MoreTransferWise Reaches £2 Billion Milestone in Their Multi Currency Account
TransferWise, announced today that its customers are currently holding £2 billion in deposits in the multi-currency accounts. TransferWise’s account has seen rapid adoption year-on-year by millions of expats, travellers, freelancers and businesses across the world looking for a cheaper, faster,
Read MoreMambu’s Cloud Banking Platform Plugs into TransferWise’s API for Cheaper Money Transfer
TransferWise has announced a partnership with cloud banking platform Mambu. Customers of Mambu, challenger and traditional banks alike, can now seamlessly access TransferWise’s technology infrastructure directly through the Mambu platform to offer cheap, fast and transparent international money transfers at
Read MoreTransferWise Customers in SG Can Now Receive Money Using Just Their Mobile Number
TransferWise announced today that they have become the first international money transfer service to allow Singapore customers to receive money using just a mobile number. For Singaporeans with a PayNow profile, receiving international transfers can be done by providing just their
Read More5 Service Providers and Tools for Singapore Fintech Startups
Fintechs need fintechs. In order to embed a tech company within high functioning infrastructure, it’s going to be dependent on some other services. This is good news because it saves time, money and can increase the efficiency of operations and
Read MoreTransferWise Wants to Give Away its $150,000 Prize Money to Singaporeans
Fresh off being crowned 1st place at Singapore Fintech Festival’s Fintech Awards under the global category, TransferWise announced today it will give away that money to Singaporean individuals and small businesses hit by hidden bank fees at home and abroad. According
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