The Orchard Partners With Wise to Help Music Artists Across the World Get Paid

The Orchard offers new service integrating Wise's Platform, enabling music artists and their collaborators to get paid quickly and transparently

October 20, 2021 08:00 AM Eastern Daylight Time

NEW YORK--(BUSINESS WIRE)--The Orchard today announced that it has partnered with global technology company Wise(formerly TransferWise) to offer a new service, which creates a faster, cheaper, more streamlined way for music labels to pay artists across multiple countries and currencies. The solution is being offered through The Orchard’s new Collaborators tool, which enables music labels to digitally split, track and send royalty payments to their artists and collaborators.

We are proud to be teaming up with The Orchard to bring cheaper, faster, more transparent payments to the music industry and help make royalty payments to The Orchard’s artists as quick and as easy as it is for us to stream music today. Wise

From today, any of The Orchard’s labels can access Wise’s lightning fast and low-cost cross-border payments, using The Orchard’s Collaborators tool. When using the new feature, a label can select who they wish to pay and opt to automatically convert currencies and send money to multiple artists in a single payment --- all at the mid-market rate.

At launch, labels from 27 countries will be able to send payments using the real exchange rate to their artists in 28 countries, including the US, UK, Japan, and Australia, as well as countries in the Eurozone.

Prashant Bahadur, EVP, Head of Strategy, The Orchard, said: “This partnership and new offering with Wise focuses on creating new, tech-based solutions that empower creators. Many artists and labels faced challenges in the past that have been remedied by providing a solution to have a cohesive payment system through the Collaborators tool. By integrating the Wise Platform, we are enabling artists to not only get paid more quickly and efficiently, but to keep a greater share of their revenue.”

Indiemono is one of the first labels to use the new service, having trialled a beta version of the service. The independent label represents artists from across the globe, including Sweden’s Arc North, South California’s Zaide and Australia’s High Tropics.

Dam Fernández, Co-Founder, Indiemono, said: “Paying artists, particularly artists based in other countries, has long been a hassle, but this has changed things. Now, with Wise available through The Orchard’s Collaborators feature, I am able to pay my artists quickly, easily and without needing to worry about the fees involved, using the same mid-market rate that I see on Google. The whole process is so much more efficient, allowing me to save time and focus on what really matters to me --- developing artists and sharing their music with the world.”

“We have gained significantly from using the new service. We are now able to pay all the artists at once instead of running individual bank transactions every time - and the transparency is perfect. The easy process has made us change the timings too, going from quarterly payments to monthly batch transactions. Having the Wise engine, with its tracking and clean dashboards, is honestly an amazing improvement.”

Wise Platform enables banks, financial institutions, and enterprises like Monzo, bunq, Xero and Google Pay to tap into Wise’s payments network to offer cheaper, faster transfers and payments to their own customers.

Steve Naudé, Head of Product, Wise Platform, said: “We are proud to be teaming up with The Orchard to bring cheaper, faster, more transparent payments to the music industry and help make royalty payments to The Orchard’s artists as quick and as easy as it is for us to stream music today.”

“At Wise, our goal is to build a new global standard for moving and managing money, and we believe that easy, convenient and transparent payments should be available to everyone, everywhere. This partnership is one example of how important this mission is, with it helping artists get paid for their work. Working with like minded companies, like The Orchard, brings us closer to realising our vision.”


About The Orchard 

The Orchard is a leading music distribution company operating in 45 offices worldwide. With comprehensive artist & label services including full-service marketing, sync licensing, video services, transparent data analysis, advertising, rights management, digital and physical distribution and more, The Orchard empowers creators and businesses to grow and adapt in the dynamic global industry. For further information, visit

About Wise

Wise is a global technology company, building the best way to move money around the world. With the Wise account people and businesses can hold over 40 currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too; an entirely new cross-border payments network that will one day power money without borders for everyone, everywhere. However you use the platform, Wise is on a mission to make your life easier and save you money.

Co-founded by Kristo Käärmann and Taavet Hinrikus, Wise launched in 2011 under its original name TransferWise. It is one of the world’s fastest growing, profitable technology companies and is listed on the London Stock Exchange under the ticker, WISE.

16 million people and businesses use Wise globally, which processes £9 billion in cross-border transactions every month, saving customers around £1.5 billion a year.

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