Wise Payments Limited

Contact

Terence Lum

Business Development Manager terence.lum@wise.com The Tea Bldg, 56 Shoreditch High St, London E1 6JJ, United Kingdom

www.wise.com Wiseaccount Wise

Company Introduction

Wise is a global technology company, building the best way to move money around the world. With the Wise account, retail customers and businesses can hold over 50 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.

Current activity in Hong Kong

Wise has launched our “Send Money” product in Hong Kong and the rest of Asia in countries such as Singapore, Indonesia, Malaysia, Japan & India.

Hong Kong expansion plan and motivation

Wise personal and business customers have been able to send money from Hong Kong since 2018. We want to be able to continue to make moving money even faster, easier, and cheaper. We have also made our services more convenient, such as building partnerships which allow Wise customers to send Chinese Yuan to users of Alipay and Weixin in China. We were amongst the first FinTechs to integrate with FPS in Hong Kong, which enables Hongkongers to receive funds from abroad with just their mobile number.

Company’s objectives for the Hong Kong market

To continue working towards our mission: Money Without Borders, to make moving money instant, convenient, transparent and eventually free.