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
1226

Following EU sanctions, the international payment system Wise has blocked all cards of Russian and Belarusian users and will unblock them only after confirmation of EU residency, Wise's press service said in a statement.

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
December 01, 2025Wise will block all cards of Russians and Belarusians who do not have an EU residence permit
December 01, 2025Wise card restrictions for users in Russia and Belarus
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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