“Wise Platform has launched a new service with leading global HR and payroll company, Deel . The feature enables customers to send funds via Deel using just an email address, opening up 10 new currencies in Deel’s payments infrastructure and further simplifying global payroll for over 10,000 Deel customers – from SMBs to publicly traded companies. To date, customers using Deel in certain markets would have had to fund payroll by sending a USD or EUR international SWIFT transfer from their bank, which can be expensive, slow and inefficient. They would also have had to input a large amount of employee information in order to initiate their payments, including selecting a currency, adding account details, account type, and address information.”

“Global payments firm Wise said it has received a capital markets service license from the Monetary Authority of Singapore. The license allows Wise to bring its new investment product, Assets, to the city-state early next year. Business and personal customers can use the product to earn returns on their investments in more than 50 currencies. Assets is currently only available in the UK.”

“Wise Platform, a payment infrastructure service owned by London-based fintech company, Wise, on Monday launched International Receive. International Receive, according to Wise, is a solution designed to enable neobanks not connected to the SWIFT network to offer cross-border payment remittance service to their customers. Wise said the new service has gone live with a European neobank after what it described as a quick integration.”