Wise (APAC Operations)

Wise Joins Payments Canada, Boosting Canadian Market Investment

Wise has become a member of Payments Canada, a significant step in its ongoing investment and expansion within the Canadian market. This membership underscores Wise's commitment to enhancing its global infrastructure, aiming to facilitate faster and more cost-effective international payments for its users in Canada.

Wise Partners with Wealthsimple for Enhanced Canadian Payments

Wise Platform has partnered with Wealthsimple, a Canadian financial services company. This collaboration enables Wealthsimple customers to access fast, low-fee international payments to over 30 countries in more than 10 currencies directly through the Wealthsimple app or website, simplifying cross-border transactions.

Wise Expands North American Hub in Austin, Accelerating Growth

Wise has announced a significant expansion of its North American office hub in Austin, Texas. The company is increasing its office space by 200% to 90,000 square feet, occupying three floors. This expansion is intended to accelerate regional growth and foster innovation within its North American operations.

Wise Appoints New Head of Banking for Latin America and Brazil Country Manager

Wise has announced the appointment of Ricardo Amaral as its new Head of Banking for Latin America and Country Manager for Brazil. Amaral, formerly of Western Union, will lead Wise's banking strategy and operations in the region, aiming to drive growth and expand services.

Itaú Unibanco Enhances FX Solutions with Instant Foreign Currency Payments

Itaú Unibanco has reinforced its foreign exchange solutions by enabling instant payment in foreign currency directly through its app. This new feature allows customers to make international payments with the same simplicity as domestic instant payment systems like Pix, available 24/7.

Wise Brazil Regulated by Central Bank, Offering Investment Options

Wise has received authorization from the Brazil Central Bank, allowing it to operate in Brazil. The company is now offering its international account with investment options in USD, EUR, and GBP, featuring a 1.1% IOF tax. Customers can earn up to 3.42% on USD investments and use invested funds for card payments.