Global payment platform Wise added 15 new partners and entered four new markets — Hong Kong, Israel, Turkey, and the United Arab Emirates — in 2022.
These partnerships — totalling 60 worldwide — are made possible through Wise Platform, which allows banks and businesses to embed Wise into their existing platform. Almost 10 million new customers gained access to Wise, via Wise Platform, in 2022.
“Wise Platform’s expansion is a testament to the relevance of our offer to businesses and their customers across multiple industries. We allow our partners to integrate a market-leading cross-border payments infrastructure into their platform quickly and at relatively low cost. This allows them to better serve customers while maintaining a focus on their core business,” said Steve Naudé, Head of Wise Platform.
Wise Platform has also deepened its footprint in investments and business services. In Singapore, it partnered Tiger Brokers and GoTrade to help make global investing easier for everyone, while in the US, new partners AvidXchange, Ramp, Brex, and Firstbase are providing businesses with key tools to help them operate internationally.
In the UK, Wise has launched with Wagestream, a financial well-being app for front line workers, and Onfolk, an HR and payroll company, strengthening their impact on how people around the world are paid by their employers.
Photo: John McArthur on Unsplash
Entelechy Asia 