Global financial tech company Wise is now live in Indonesia with Bank Mandiri, the country's largest bank by assets, as its first partner.
Alongside its Indonesia launch, Wise is also rolling out a new look this month to further push the company's mission of building a platform that is a fast, convenient, cost-effective and global.
The new makeover features a bright green palette, a bold new font, and draws from global currencies, languages, alphabets and places around the world, according to a statement by Wise.
"Wise’s new look and feel celebrates Wise’s global community of people, businesses, and banks, and highlights our commitment in building a faster, cheaper and more transparent alternative to manage money in multiple currencies,” said Elian Ciptono, the Indonesia country manager at Wise,
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Wise's expansion to include Bank Mandiri will mean that the bank joins the ranks of over 60 banks and businesses globally who have integrated Wise, via Wise Platform, into their infrastructures.
Bank Mandiri will use Wise Platform’s Payouts APIs as a white-labelled, infrastructure solution to create transfers. By integrating Wise Platform, Bank Mandiri will now have the capability to offer its users the ability to send money using five currencies.
“At Bank Mandiri, we are focused on building a one-stop financial solution for our customers, and this partnership is yet another step in this direction. We are excited for our customers to try out this new service, which will give them control and save their time and money on their international transfers,” said Aquarius Rudianto, the director of network and retail banking at Bank Mandiri.
According to Wise, bringing the platform to Indonesia is also key in its expansion plans since it first launched transfers in the country in 2020.
The news comes shortly after the company announced that it has reached 16 million customers worldwide and that it had plans for further global expansion.
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