Wise plans expansion in North America
Wise today announced a 2022 North American expansion plan that will see the company hire more than 150 people; expand its U.S.-based operations to Austin, Texas; and, move its New York City headquarters office to a new, larger location.
Wise, which became the largest tech listing in London Stock Exchange history when it went public earlier this year, will hire more than 150 people across its three U.S.-based locations – Austin, New York City and Tampa – in 2022.
Wise’s regional expansion plan – which is driven by customer growth – comes as the company announced earlier today that its North America revenue grew 29% to £54.2 million ($73.0 million) in the half-year ended September 30, 2021 when compared to the same period last year. The company also announced it now has 3,000 people and expects to hire an additional 1,000 Wisers globally in the year ahead.
Wise launched a number of important alliances supporting US-based consumers, gig-workers and small businesses in 2021, including collaborations with GooglePay, Andrews Federal Credit Union, The Orchard and Payfare, among others, and earlier today the company launched the Wise card in Canada.
“North America is a critical region for us as we continue to see demand and interest from people and businesses looking to move money instantly, conveniently, transparently and without hidden fees,“ said Harsh Sinha, Chief Technology Officer, Wise. ”Our expansion plan demonstrates our commitment to addressing those needs, and represents a significant step forward in our regional growth strategy.”