Wise is planning to launch its Assets investing service across Europe.
In Brief:
Wise’s Assets tool enables customers to invest in funds with access to their money 24/7.
It’s currently only available in the UK but Wise has now secured a license in Estonia.
Wise will also be applying for permission to passport the licence across more European markets.
What does this mean?
Wise says the licence in Estonia is a “big step forward” on its mission to replace traditional international banking, and that it hopes to make aspects like investing easier and cheaper for customers in Estonia and across the European continent.