“Wise will likely have many CFOs in its first century and this is simply me starting the process of handing over the reins to the next one. Mr Briers said: “I'm incredibly proud of what we have achieved in these early chapters at Wise and could not be more excited about what is ahead for the business. The company, which was founded in 2010, allows users to convert and spend money abroad, send money internationally and open bank accounts in foreign currencies. The company floated at an £8bn valuation in 2021 although shares have since fallen by more than 25pc, mirroring a decline seen by other large tech companies that have floated in London in recent years. The executive joined Wise, formerly known as TransferWise, in 2015 from Google. Mr Briers, 46, will step down by March next year and the company will begin searching for a replacement immediately.
TRANSFER WISE FULL
However, he said on Monday he would be leaving the company after eight years as his “focus will shift to making a full recovery”. The money transfer company appointed an interim finance chief 15 months ago, though Mr Briers formally returned to the role in May last year. Wise first disclosed that Mr Briers had been in a cycling accident last February.
Mr Briers, who had not previously disclosed the extent of the incident, said it had been “a quite horrible accident where I went under the wheels of a bus”. Matt Briers said he wanted to focus on healing after the accident more than a year ago. The fact that governments around the world are keeping an eye on Wise is a good thing, from a customer's perspective.The chief financial officer at fintech company Wise has quit the company to “focus on recovery” after being run over by a bus while cycling. When you're dealing with money, your top priority is to keep it safe, which is why you should always strive to work with legitimate, regulated institutions. This may not be the most exciting information in the world, but it's important. In each of these countries, it is regulated by appropriate authorities, much like other banks and financial institutions. Wise also has branches in several other countries: Australia, Brazil, Canada, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, and United Arab Emirates (UAE). Meanwhile, in Belgium and the European Economic Area (EEA), Wise is treated as a Payment Institution. In the United States, it is registered with the Financial Crimes Enforcement Network (FinCEN). Wise is based in the United Kingdom, where it has been authorized as an Electronic Money Institution by the Financial Conduct Authority (FCA). It should be noted, however, that this depends on the country and currency, and may take longer if intermediary banks are used.
TRANSFER WISE DOWNLOAD
Once you do that, you can also download the Wise app (available on both iOS and Android).īut what really separates Wise from competition are two things: the fees are low compared to other providers, and most international payments arrive pretty much instantly.
Setting up an account with Wise is quick and easy, though you may have to take some additional steps to verify it, such as confirm your identity by sending a photo of a government-issued document. Wise also has its own debit cards, but they're not available everywhere. This is a lot more than many other companies offer, so Wise is also suitable for freelancers and businesses.
But what exactly does it offer to customers?įor a start, Wise is available in more than 170 countries worldwide, and enables users to hold and convert money in over 50 currencies. Obviously, all of this shows that Wise is a perfectly legitimate company. Today, Wise's worth is measured in billions of dollars. In 2021, the company rebranded from TransferWise to Wise, went public on the London Stock Exchange, added more features to its online platform and app, and expanded its operations.
0 kommentar(er)
