Wise launches in Mexico

Published February 3, 2025

International money transfer company Wise announced its official entry into Mexico on Jan. 30 in an effort to tap into the country’s vast remittances market.

The new service will allow Mexican nationals to send money in and out of the country via a fully digital process using Wise’s app or website, where all features are accessible in one place.

In a press release, Wise said its services “are designed for Mexican nationals who need to send money abroad, enabling a transparent, fast and seamless method for international money transfers.”

Beyond offering a more convenient, more affordable and faster way to move money out of Mexico, Wise said it will address the lack of transparency in international payments, referring to it as “one of the biggest challenges in the country.”

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