# Wise Formerly Transferwise Business > Publicly sourced profile assembled by Optimly, in the Optimly AI Brand Index. Last refreshed 2026-10-04. - **Business Profile:** https://optimly.ai/brand/wise-formerly-transferwise-business - **Dataset:** https://optimly.ai/brand/wise-formerly-transferwise-business.json - **Markdown:** https://optimly.ai/brand/wise-formerly-transferwise-business/llms.txt - **Official website:** https://wise.com - **Slug:** wise-formerly-transferwise-business - **Categories:** banking ## Overview - **Tagline:** Significantly lower fees and faster processing times for international payments compared to traditional banks, support for 22+ currencies, FDIC-insured funds (via program bank), 24/7 customer support, and robust features for team spending and accounting integration. Source: Brand's website (https://wise.com) · 2026-10-04 - **Description:** Wise Business, formerly TransferWise Business, offers an all-in-one business account designed for global operations, enabling businesses to send and receive international payments, manage multiple currencies, spend with multi-currency cards, and earn returns on their balances. It focuses on providing fast, low-cost cross-border financial solutions for businesses of all sizes. Source: Brand's website (https://wise.com) · 2026-10-04 ## Offerings - **Core capabilities:** - Multi-currency business accounts - international money transfers (send and receive) - batch payments - business debit cards - interest-earning feature - integration with accounting software - team management controls. Source: Brand's website (https://wise.com) · 2026-10-04 - **Pricing:** Transparent, low-fee model with transaction-based charges (e.g., fixed fees for wire transfers) and volume discounts for large transfers, aiming to be significantly cheaper than traditional banks. Source: Brand's website (https://wise.com) · 2026-10-04 ## Audience - **Target industry:** Global businesses, small businesses, startups, freelancers, businesses with international partners, suppliers, and contractors, particularly those operating across borders. Source: Brand's website (https://wise.com) · 2026-10-04 Page last updated 2026-10-17.