How Wise Is Disrupting The Cross-Border Payments Market, with Luke Hallard (Ticker: WISE)
Chit Chat Stocks
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What Is the Key to Zero Fee Transfers?
Wise makes money in a bunch of ways. They tried to do and actually part of their mission is to get to zero fee transfers. So they really pride themselves on brand's currency. The what wise pride themselves on is the transparency. And it's a very cost effective fee. But they also make money on customer deposits. There's a wise account for personal customers. A guy has one wise account with the, they actually have essentially like local bank account number,. Like a checking account number in 10 different countries.
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