Wise

Today, our multi-currency account helps over 10 million people and businesses manage their money across the world. Here’s how we got here.

Like many good stories, this one starts with two friends.

They’re both from Estonia. Taavet, who was the first employee at Skype, lived in London but got paid in euros. Kristo worked for Deloitte, also lived in London, and got paid in pounds. But he had a mortgage in euros back in Estonia.

They both moved their money with their banks — which had expensive fees and bad exchange rates. They knew there had to be a better way. So they put their heads together and invented a beautifully simple workaround.