Business · 24 July 2026
Wise US banking license rejected; operates in 48 states.
The London-founded money transfer business, which has about 19 million global customers, originally filed the paperwork over twelve months ago. The US Office of the Comptroller of the Currency turned the request down, but the company says it will reapply. Bosses maintain their current American operations will carry on normally in 48 individual states and four territories.
Reported by City AM · How we write briefs