Wise

Europe VC Dealmaking Slows in Q3, Startups Turn to Buyouts as Markets Cool
Europe VC Dealmaking Slows in Q3, Startups Turn to Buyouts as Markets Cool
November 03, 2022  |  Investments

Despite a continent-wide economic slowdown and comparatively deflated financial markets, Europe is on track to match last year’s record-breaking venture capital (VC) activity, which saw over...

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Money Transfer Firm Wise Lands $347M in Capital
Money Transfer Firm Wise Lands $347M in Capital
October 27, 2022  |  Investments

British money transfer firm Wise has received $300 million pounds (about $347.1 million) via a syndicated debt facility from the United Kingdom branch of California’s...

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EMEA Daily: Meta to Sell Giphy Following CMA Ruling
EMEA Daily: Meta to Sell Giphy Following CMA Ruling
October 18, 2022  |  Europe

Today in Europe, the Middle East and Africa, the U.K’s Competition and Markets authority announced that Meta is set to sell Giphy following the authority’s...

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Wise Hikes Transfer Fees, Upgrades 2022 Outlook
Wise Hikes Transfer Fees, Upgrades 2022 Outlook
October 18, 2022  |  Cross-border Payments

Wise, the U.K.-based cross-border money transfer business, has increased the average cost of transactions for the first time since 2020. As reported in the Financial...

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

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  |  Europe

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 & Regulation

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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