Wise Teams up with Max for Israel Expansion

Wise announced on Monday that it has brought its platform to Israel through its partnership with payments company Max.

The partnership is the first of its kind in Israel, allowing Max customers to send money abroad in 32 currencies such as USD, EUR, GBP & CAD from within the security and convenience of their app. Challenging the traditional banking system, Max offers full transparency on fees and the mid market rate making it easier and simpler for customers sending money abroad.

Fazzaco Live Webinar on 7th April: Nahum Greenberg Talks About MarksMan Liquidity Hub

"Max continues to lead payment innovation in Israel and will be the first to allow its customers to transfer funds directly from their credit card into bank accounts overseas. This is through a quick, simple, secure transaction with full transparency to customers. I'm sure this service will assist many Israeli families to transfer funds to their dear ones and for various needs overseas," said Ron Fainaro, Max CEO.

Wise Platform is now live with more than 20 banks and financial institutions across 4 continents, as well as 12 distribution partners and 11 enterprise partners. Other partners include Google Pay, Monzo and Shinhan Bank, South Korea's oldest and second largest bank.