RegulatoryJun 1, 2026, 09:33 AM
Wise Group Responds to Brussels Prosecutor Inquiry
AI Summary
Wise Group plc confirmed it is cooperating with the Brussels prosecutor's office regarding ongoing inquiries into its business, emphasizing that no specific findings have been shared yet. The company highlighted its commitment to combating financial crime, detailing its extensive regulatory compliance across 80 licenses globally and its significant investment in technology and personnel for fraud prevention. Wise serves over 19 million customers and processes approximately 4.7 million transactions daily, with its European operations based in Belgium.
Key Highlights
- Wise Group is cooperating with the Brussels prosecutor's office on inquiries.
- Inquiries are incomplete, and no specific findings have been shared to date.
- The company operates with over 80 regulatory licenses globally.
- Wise serves more than 19 million active customers worldwide.
- It processes approximately 4.7 million transactions per day.
- Around one-third of Wise's global team is dedicated to combating financial crime.