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.
One of the world’s fastest growing, profitable tech companies, Wise launched in 2011 and is listed on the London Stock Exchange under the ticker, WISE.
In fiscal year 2024, Wise supported around 12.8 million people and businesses, processing approximately £118.5 billion in cross-border transactions, and saving customers over £1.8 billion.
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