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Wise temporarily pauses new business onboarding in Europe

  • Wise temporarily pauses business onboarding in Europe.
  • High demand was cited as the reason for the onboarding freeze.
  • UK businesses onboarding resumes, with a focus on restarting in Europe.
  • Businesses already using Wise Business are not impacted.
  • US businesses are not affected.
  • Continuous investment in processes for faster onboarding operations.
  • Wise Business cards were temporarily deactivated in the US on October 31.
  • Operational change was cited as the reason for the Wise Business card deactivation.
  • Affected customers will receive instructions for ordering a new card.
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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.

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