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

BMO Strengthens AI and Quantum Research with New Institute

The new institute will focus on advancing AI technology and quantum computing.Highlights: BMO launches Institute for AI and...

Lloyds Strengthens Leadership with AI Agent in the Boardroom

The British bank integrates artificial intelligence into executive decision-making.Highlights: Lloyds Banking Group introduces an AI agent to its...

Ralio Secures $25M to Strengthen Agentic Payments Platform

Funding aims to enhance features and expand market reach.Highlights: Ralio raises $25M in a funding round.The investment will...

Regulators Brief Banks on Anthropic Cyber Risk Amid Growing Concerns

Regulatory bodies emphasize urgent risks from Anthropic's AI developments.Highlights: Regulators issue warnings about Anthropic's AI-related cyber risks.Financial institutions...