Wise

Is Wise down? Wise (formerly TransferWise) is an international money transfer and multi-currency banking platform founded in 2011 by Taavet Hinrikus and Kristo Käärmann in London. Its founding insight was that banks charge hidden fees through unfavourable exchange rate markups — Wise built a peer-matching system that allowed it to offer transfers at the real mid-market exchange rate with a small transparent fee. This approach was dramatically cheaper than traditional bank wire transfers for cross-border payments, attracting millions of expats, international students, remote workers, and businesses with cross-border payment needs.

Wise became one of Europe's most valuable fintech companies, going public on the London Stock Exchange in 2021 at a direct listing valuing it at approximately £8 billion. Its product expanded beyond simple transfers into Wise Account — a multi-currency account holding 40+ currencies with local account details in multiple countries — Wise Business for company accounts, and Wise Platform for embedding Wise's infrastructure into banks and financial institutions. Wise processes tens of billions of pounds in cross-border transfers annually across 170+ countries.

Wise outages affect international payments that customers depend on for rent, payroll, and business transactions across borders. Common symptoms include transfer submissions returning errors, exchange rate quotes not loading, the mobile app failing to display account balances in multiple currencies, or debit card payments failing internationally. Because Wise transfers often have time-sensitive business implications — paying suppliers, covering rent abroad — outages cause real financial stress for affected users.

If Wise is down, Outage.gg tracks Wise server status and outage history in real time. If Wise is down or transfers are not processing, visit the live status page for community reports and subscribe for an instant notification when service is restored.