On 5 November, MEPs voted to bring more transparency to international payments and make finance fairer.
We brought players from the tech community together and to collectively ask the European Council to support the Parliament's pioneering work. There has been opposition, but a vote in favour of a new proposal could finally put an end to expensive hidden charges and force providers to tell you how much you will pay.
About Wise
Wise is a global technology company, building the best way to move and manage the world's money.
With Wise Account and Wise Business, people and businesses can hold 40 currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too; an entirely new network for the world's money. Launched in 2011, Wise is one of the world’s fastest growing, profitable tech companies.
In fiscal year 2025, Wise supported around 15.6 million people and businesses, processing over $185 billion in cross-border transactions and saving customers around $2.6 billion.
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