Nubank chooses Wise to improve international payments for Premium customers

Of Fintech News Singapore
June 17, 2024

Wise, a global online money transfer service, has partnered with Nubank, a Brazilian digital bank that serves over 100 million usersto streamline international payments for Nubank’s premium segment, Ultravioleta.

This collaboration allows Nubank to use Wiseto offer multi-currency accounts and debit cards through its app, allowing customers to manage and spend money internationally with ease.

Nubank Ultravioleta customers can now make fast and cheap international payments directly from the Nubank platform.

They can also hold funds in USD and EUR, using an international debit card in over 200 countries and territories.

Wise Platform enables banks, financial institutions and businesses to integrate their infrastructure into existing platforms, providing them with the technology and network to enable fast, secure and cost-effective international payments for their customers.

Steve Naudé

“Across the industry we are seeing a real push from banks and financial institutions to provide their customers with the best international payment services. By working with Wise Platform, banks are able to achieve this within months or even weeks.

The collaboration with Nubank, one of the largest financial services providers in South America, is another important milestone for Wise Platform. Through this partnership, we help Nubank customers access fast, transparent payments and the ability to easily manage money in multiple currencies,”

said Steve Naudé, global managing director of Wise Platform.

Featured image credit: Edited by Freepik

Get the hottest Fintech Singapore news delivered to your inbox once a month

Source