Wise Platform Mission Update Q1 2025

Wise

On the back of last year’s success, Wise Platform started 2025 with strong growth and a number of exciting announcements.

Over the last three months, Wise Platform has deepened its footprint in Brazil and France. We announced a new partnership with Latin America’s largest bank by assets, Itaú, and Europe’s leading spend management platform, Spendesk. We also continued to expand in Indonesia and Europe by welcoming leading financial technology group, Flip in Indonesia, and UK digital bank Zempler Bank as our newest partners.

This growth was supported by Wise Platform boosting its leadership across EMEA, Brazil and North America, with Manuel Sandhofer joining as Wise Platform’s new General Manager for EMEA and Brazil and Lauren Langbridge’s appointment as the new Commercial Director for North America.

Read on to find out what we’ve been up to in Q1 2025.

Meet our new partners

Itaú

In March, we announced that Latin America’s largest bank by assets, Itaú partnered with Wise Platform to strengthen its FX offering. Itaú now enables instant cross-border payments and remittances directly from the Itaú app, allowing customers in Brazil to make international payments or send money with the same ease and simplicity as with Pix, any time, every day of the week.

Read more about this milestone in Finsiders Brasil and IBS Intelligence.

Zempler (previously Cashplus)

In the UK, Zempler Bank (previously Cashplus), a digital bank serving UK small businesses, start-ups and consumers partnered with Wise Platform to launch a new Outbound International Payments service that enables more than 500,000 Zempler customers to send international payments in USD and EUR with ease and security, directly within the Zempler app.

Read more about this partnership in The Paypers.

Spendesk

Earlier in March, leading European spend management and procurement platform Spendesk teamed up with Wise Platform to offer fast, transparent and low-cost international payment services to over 5,000 businesses. With the new feature, we will enable Spendesk’s customers in the European Economic Area and the UK to process invoice payments and expense reimbursements in 30 currencies seamlessly, quickly, and cost-effectively - all from a single, unified dashboard.

Read more about what this partnership means in L’Agefi and Financial IT.

Flip

In February, leading financial technology group in Indonesia, Flip announced a strategic partnership with Wise Platform to enhance its international money transfer service, Flip Globe. This collaboration integrates Wise’s global payment capabilities into Flip’s user-friendly platform to offer faster, more reliable international money transfers for over 15 million customers.

Find out more about this announcement in Jakarta Daily and Infobank.

Events

Global Payments Summit

In February, our team travelled to Paris for the Global Payments Summit, a key event for central banks and regulators organised by Currency Research. We delivered an opening keynote covering Wise’s growth story, our work on direct access and how Wise Platform helps leading financial institutions bring fast, secure, low-cost cross-border payments to customers worldwide. Our expert speakers also joined discussions for a deep dive into how emerging markets are leading the charge for cross-border payments transformation.

Wise Platform in the Media

Money without borders

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