Wise Platform, Wise’s leading global payments infrastructure for banks and enterprises, today announced it’s working with Wealthsimple, a financial services platform on a mission to help Canadians achieve financial freedom, on an improved offering for sending money internationally. This partnership enables Wealthsimple’s chequing and joint chequing customers across Canada to access low-fee, fast and transparent international payments directly from the Wealthsimple app or website, delivering added convenience for Canadians sending money abroad.
Wealthsimple users can now make secure international payments to 30 countries in 10+ currencies from the convenience of their Wealthsimple chequing or joint chequing account. In just a few clicks, Wealthsimple clients can set up a transfer by selecting their recipient, inputting the amount they wish to send in CAD, and selecting which currency they would like their recipient to receive. The in-app experience clearly displays the mid-market exchange rate (the rate you see on Google), lists any additional fees, and provides a window of time for when funds will arrive so the customer has real-time insight into the cost and speed of their transfer.
According to a 2024 report from Payments Canada, one in five people sent money internationally using their Canadian bank account in the previous 12 months–a 33 percent increase from the previous year. Notably, 50 percent of Canadians aged 18-34 sent money abroad once a month. Wealthsimple’s decision to partner with Wise Platform underscores the rapidly-growing demand for modern, reliable international payments services as more Canadians live, work and connect across borders.
Wise Platform leverages the power of Wise’s robust global payments network. Wise directly participates in seven domestic payment systems, is supported by over 70 licenses worldwide, and settles 74% of payments instantly (in under 20 seconds). This best-in-class infrastructure has made Wise Platform a leading partner for banks and large enterprises globally looking to make their international payments offerings more competitive. Wealthsimple joins a growing roster of major banks and enterprises who are partnering with Wise Platform to provide efficient and secure services to customers who need to send money abroad.
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This entry was posted on November 12, 2025 at 12:07 pm and is filed under Commentary with tags Wise. You can follow any responses to this entry through the RSS 2.0 feed.
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Wise Platform partners with Wealthsimple
Wise Platform, Wise’s leading global payments infrastructure for banks and enterprises, today announced it’s working with Wealthsimple, a financial services platform on a mission to help Canadians achieve financial freedom, on an improved offering for sending money internationally. This partnership enables Wealthsimple’s chequing and joint chequing customers across Canada to access low-fee, fast and transparent international payments directly from the Wealthsimple app or website, delivering added convenience for Canadians sending money abroad.
Wealthsimple users can now make secure international payments to 30 countries in 10+ currencies from the convenience of their Wealthsimple chequing or joint chequing account. In just a few clicks, Wealthsimple clients can set up a transfer by selecting their recipient, inputting the amount they wish to send in CAD, and selecting which currency they would like their recipient to receive. The in-app experience clearly displays the mid-market exchange rate (the rate you see on Google), lists any additional fees, and provides a window of time for when funds will arrive so the customer has real-time insight into the cost and speed of their transfer.
According to a 2024 report from Payments Canada, one in five people sent money internationally using their Canadian bank account in the previous 12 months–a 33 percent increase from the previous year. Notably, 50 percent of Canadians aged 18-34 sent money abroad once a month. Wealthsimple’s decision to partner with Wise Platform underscores the rapidly-growing demand for modern, reliable international payments services as more Canadians live, work and connect across borders.
Wise Platform leverages the power of Wise’s robust global payments network. Wise directly participates in seven domestic payment systems, is supported by over 70 licenses worldwide, and settles 74% of payments instantly (in under 20 seconds). This best-in-class infrastructure has made Wise Platform a leading partner for banks and large enterprises globally looking to make their international payments offerings more competitive. Wealthsimple joins a growing roster of major banks and enterprises who are partnering with Wise Platform to provide efficient and secure services to customers who need to send money abroad.
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This entry was posted on November 12, 2025 at 12:07 pm and is filed under Commentary with tags Wise. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.