Wise

EMEA Daily: Amazon Buys Cloostermans; Wise Brings SWIFT to Neobanks
EMEA Daily: Amazon Buys Cloostermans; Wise Brings SWIFT to Neobanks
September 09, 2022  |  emea

Today in Europe, the Middle East and Africa, Amazon acquired the Belgian robotics company Cloostermans and Wise Platform launched a new solution to help banks...

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Wise Platform Brings SWIFT Transfers to Neobanks
Wise Platform Brings SWIFT Transfers to Neobanks
September 09, 2022  |  Cross-border Payments

Wise Platform, the enterprise-facing branch of cross-border payments firm Wise, announced Friday (Sept. 9) the launch of its new SWIFT International Receive service, which will...

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EMEA Daily: Wise Fined $360K for AML Violations by Abu Dhabi Regulator; PalmPay Hits 10M Users in Nigeria
EMEA Daily: Wise Fined $360K for AML Violations by Abu Dhabi Regulator; PalmPay Hits 10M...
August 30, 2022  |  emea

Today in Europe, the Middle East and Africa, Wise has been slapped with a $360,000 fine by Abu Dhabi’s anti-money laundering regulator and PalmPay hits...

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Wise Fined $360K for AML Violations by Abu Dhabi Regulator
Wise Fined $360K for AML Violations by Abu Dhabi Regulator
August 30, 2022  |  Legal

Money transfer service Wise has been fined $360,000 in Abu Dhabi for violating anti-money laundering (AML) regulations. The Abu Dhabi Global Market’s Financial Services Regulatory...

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Wise, Plaid Launch Open Finance Partnership
Wise, Plaid Launch Open Finance Partnership
August 10, 2022  |  Partnerships

Money transfer service Wise and payments processing company Plaid have formed an open finance agreement to help customers move money across different financial institutions (FIs)....

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EMEA Daily: Google Prepares for Digital Markets Act, Faces $1B Suit in UK Over App Store Practices
EMEA Daily: Google Prepares for Digital Markets Act, Faces $1B Suit in UK Over App...
July 19, 2022  |  emea

In today’s top news from Europe, the Middle East and Africa (EMEA), Google is facing a lawsuit over allegations that the Big Tech firm overcharged...

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Wise’s Revenues Rise as Customers Up Money Transfers
Wise’s Revenues Rise as Customers Up Money Transfers
July 19, 2022  |  Cross-border Payments

British FinTech Wise saw its revenues increase 50% in the last quarter, with customers bringing forward money transfers in fear of volatility later this year....

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With CEO Under Cloud, Wise Reports Revenue Growth, ‘Business as Usual’
With CEO Under Cloud, Wise Reports Revenue Growth, ‘Business as Usual’
June 28, 2022  |  Earnings

It’s been a mixed couple of days for Wise. Following Monday’s (June 27) news that the company’s co-founder and CEO, Kristo Käärmann, had been named...

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Estonia’s Small but Thriving Startup Ecosystem Offers Big Tech No Special Treatment
Estonia’s Small but Thriving Startup Ecosystem Offers Big Tech No Special Treatment
June 19, 2022  |  Startups

Not having an equivalent to Silicon Valley, Europe’s technology sector is distributed across hubs all over the continent. And while American Big Tech has tended...

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