Wise: Announced that it has closed a $12M Series A

  • Wise a Techstars NYC company headquartered in San Mateo, CA. Wise offers modern businesses a seamless way to the bank, pay, and paid
  • The funding round was led by e.ventures, with participation from Grishin Robotics, and with continued investment from seed investors
  • Wise the leading embedded banking FinTech, that offers business banking via partnerships, announced that it has closed a $12M Series A
  • Six months after a $5.7M seed round, raised the Series A funding to accelerate growth and partnerships across several verticals
  • By embedding banking, Wise unlocks deep product offerings and better customer experiences for partners
  • Embedding banking solves a major pain point that makes RemoteTeam a standout offering in the payroll industry
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FTC Seeks Contempt Ruling Against Payment Processor CLIQ

The FTC aims to hold CLIQ accountable for alleged non-compliance.Highlights: FTC files contempt motion against CLIQ for ignoring...

FTC Tightens Control Over Payment Processor Cliq in Contempt Ruling

Federal Trade Commission seeks legal action against Cliq for non-compliance.Highlights: FTC asks court to hold Cliq in contempt...

Portage Takes Over Management of Point72 Ventures’ Fintech Assets

Significant shift in fintech investment strategy announced by Portage.Highlights: Portage Management has taken over Point72's fintech assets.The move...

Portage Takes Over Management of Point72 Fintech Assets, Strengthening Market Position

Portage enhances its portfolio by managing Point72's fintech investments. Highlights:Portage assumes management of Point72's fintech investments. This move...