Pause operations: company temporarily curtailing operations while keeping return options open

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Wise is a London-based financial technology company.

 
 
 
 

Pause operations: company temporarily curtailing operations while keeping return options open

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Glob.Revenue, mln.USD
891
The Company Statement
August 31, 2023

Suspended money transfer services in Russia due to sanctions. They had previously limited daily transfers to £200. Waived over £500K fees associated with personal transfers to Ukraine. Fintech giant Wise allowed Russia sanctions target to withdraw money, U.K. government says.

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Statements Archive
March 07, 2022We’re waiving fees on donations to charities supporting Ukraine
February 28, 2022Payments companies Wise, Remitly suspend money transfer businesses in Russia
February 28, 2022Wise, Remitly Suspend Money Transfer Services to Russia
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