TransferWise, now known as Wise, is a financial technology company that specializes in international money transfers. Founded in 2011, it allows users to send money across borders at lower fees compared to traditional banks. The platform uses real exchange rates, ensuring that customers get a fair deal when converting currencies. Wise operates through a user-friendly online platform and mobile app, making it easy for individuals and businesses to manage their international payments. The service is available in multiple countries and supports various currencies, providing a convenient solution for those needing to transfer money globally.