Zempler Bank launches international payments with Wise Platform in response to growing business demand
London, United Kingdom, 31 March 2025 - Zempler Bank, a digital bank serving start-ups and microbusinesses, has today announced the launch of its new Outbound International Payments service in partnership with Wise Platform to meet growing customer appetite for overseas expansion. This new offering allows more than 500,000 Zempler customers to send international payments in multiple currencies with ease and security.
The initial rollout of the service will enable Zempler’s business customers to send payments to both US Dollar (USD) denominated accounts in the US and to Euro (EUR) accounts in the SEPA region.
Business customers can now send international payments directly from the Zempler app, with plans to expand into desktop-based online banking shortly after launch.
The partnership follows recent research conducted by Zempler showing 43% of microbusiness customers indicating they would send and receive international payments with Zempler Bank if they could. Notably, over half of the business owners surveyed make international payments at least once a month, with nearly a third sending between £1,000 and £10,000.
Rich Wagner, CEO, Zempler Bank: “We know that the launch of Outbound International Payments will be a popular benefit for many of our customers, particularly the ambitious small businesses looking to develop relationships with overseas suppliers and partners. We understand that even the smallest businesses might want or need to work internationally, whether that’s importing a key product or component or outsourcing a task to an overseas expert. Many of our business customers are already using Wise, so it was a natural choice to partner with them to integrate that familiar functionality within our own simple to use banking app.”
"At Wise, we’re committed to making international payments faster, cheaper, and more transparent for people and businesses of all sizes. For too long, SMBs have faced barriers to growth due to the hidden costs and complexity of international banking. To succeed globally, they need financial services that truly support them and their ambitions. That’s why we’re excited to partner with Zempler Bank, enabling seamless cross-border payments that help businesses expand with ease and confidence globally.
Zempler Bank was formerly known as Cashplus Bank and rebranded on 9th July 2024. Zempler is a leading microbusiness-focused challenger bank with a track record of digital innovation, dedicated customer service and strong financial performance. The company was granted a UK bank licence in February 2021. Zempler offers simple, smart digital banking services for the entrepreneurs, independent businesses and hard-working consumers that power the UK economy yet are too often overlooked by high street banks. Zempler has opened more than 2.2m accounts to help customers to pay, bank and borrow through a user-friendly digital platform, delivered a string of fintech firsts, and built a resilient, growing business providing more than 350 jobs in the UK with locations in London and Liverpool.
Wise Platform is Wise - but for banks, financial institutions and global enterprises. Wise Platform allows partners to utilise Wise’s infrastructure, meaning they can embed the best way to send, receive and manage money into their existing infrastructure, creating value for their business and customers.
Over the past decade, Wise has built a global payments infrastructure that has revolutionised how money moves around the world. Now, thanks to Wise Platform, we allow partners to bring new products to customers without building it themselves, saving both time and money. This allows them to innovate quickly and retain and grow their customer base.
For more information, visit https://platform.wise.com/
Contact details
Related topics
Related news
Itaú Unibanco reinforces its foreign exchange solutions, enabling instant payment in foreign currency directly throug...
The new solution will allow customers to make international payments or send money in the same way and with the same simplicity as Pix, at any time of the day, every day of the week.
Spendesk partners with Wise Platform to bring international payments capabilities to 5,000+ Mid-Market Companies
With this new international payments feature, Spendesk customers can now easily manage complex, multi-entity financial and cross-border operations through a single and unified dashboard.
Wise Platform Boosts Global Payments with Enhanced Infrastructure for Faster, Cheaper Cross-Border Solutions
Wise’s global payments infrastructure for banks, financial institutions and larger enterprises, has further enhanced its product suite for partners and significantly expanded its global regulatory ...
Wise Platform and Allica Bank Announce Partnership to Boost Cross-Border Payments for UK Businesses
Allica customers can now make international payments quickly and conveniently within their own banking app