1. What is Wise?

Wise is a UK-based fintech company that primarily offers international remittance and multi-currency account services. Below is an introduction to Wise, excluding information related to pricing:

1. Service Range: Wise offers international remittance, multi-currency accounts, and debit card services, supporting over 40 currencies and more than 160 countries.

2. Security: Wise is a regulated e-money institution, with customer funds kept separate from the company's operational funds, stored in low-risk financial institutions to ensure the safety of funds.

3. Certification and Regulation: Wise is regulated in regions such as the UK and Hong Kong, holding a "Money Service Operator" licence and complying with financial security regulations worldwide.

4. Features: Wise accounts can hold and convert multiple currencies, enabling instant low-cost international payments and ATM withdrawals.

5. Debit Card: Wise offers both virtual and physical debit cards that can be used for spending in over 200 countries and withdrawing from 2.3 million ATMs, using mid-market rates and low-fee currency conversion.

6. User Experience: The Wise app allows users to view and manage their accounts, instantly freeze and unfreeze cards, and secure virtual cards for easy spending and budget management.

In summary, Wise is a safe and convenient provider of international remittance and multi-currency account services, supporting a wide range of currencies and countries and regulated by multiple authorities.

2. Who founded Wise?

Wise is not a cryptocurrency company but a fintech company focusing on online transfer services and multi-currency account management. It was founded in 2011 by Taavet Hinrikus and Kristo Käärmann, originally named TransferWise, and was rebranded as Wise in 2021.

3. Which venture capitals have invested in Wise?

According to the available information, Valar Ventures has invested in Wise, but Wise is not a cryptocurrency; it is a cross-border payment platform. Pertaining to cryptocurrency investment, the relevant information is as follows:

• Fidelity Wise Origin Bitcoin Fund: This is a Bitcoin ETF managed by Fidelity, attracting $227 million in funding.
• iShares Bitcoin Trust: Managed by BlackRock, it attracted $112 million in funding.
• Bitwise Bitcoin ETF: It attracted $238 million in funding.

This information indicates that institutions like Fidelity, BlackRock, and Bitwise have invested in Bitcoin ETFs, not Wise. Wise is a traditional financial services company primarily offering cross-border payment services.

4. How does Wise operate?

Wise itself is not a cryptocurrency service provider but a company offering international remittance and multi-currency account services. Wise does not support direct transactions or remittances using cryptocurrencies.

However, Wise accounts can receive funds from cryptocurrency platforms as long as those platforms are regulated in the EU or the UK. This means that if you transfer from a regulated cryptocurrency platform to a Wise account, Wise can accept that payment.

If you want to know how to use cryptocurrency to purchase Wise tokens (WISE), this has no relation to the services provided by Wise. Wise tokens (WISE) are a type of cryptocurrency that can be bought through cryptocurrency trading platforms like Bitget.

In short, Wise does not involve direct trading or use of cryptocurrencies but can accept payments from regulated cryptocurrency platforms.