Wise Launches Interest and Stocks Products for US Customers

Wise launched Wise Interest and Wise Stocks in the US, allowing customers to earn potential returns on their balances while maintaining access to their funds for everyday spending and transfers.
The new investment products mark Wise’s first use of its US broker-dealer license, expanding its offerings beyond cross-border payments and traditional interest-bearing balances.
The launch reflects a broader fintech rebundling trend as Wise seeks to deepen customer relationships, retain more customer assets, and evolve into a more comprehensive financial services platform.

International money transfer platform Wise revealed its newest plan to retain user deposits. The UK-based company is expanding its product offering in the US to include new Wise Interest and Stocks, two new vehicles that enable users to earn a return on the funds they hold in the Wise platform.

Wise Interest invests customers’ USD balances in a BlackRock Treasury money market fund. The fund calculates returns daily and pays out interest monthly. Wise Stocks allows customers to invest their USD balances in an S&P 500 index fund to provide exposure to US equities. With both Wise Interest and Stocks, users maintain instant access to their funds and are able to transfer funds and use the funds for spending with no penalties. While Wise warns that the new products come with a risk of loss, it also notes that over 90% of returns earned may be exempt from state and local income taxes.

“In the US, earning a competitive return too often means locking your money away or juggling multiple accounts,” said Wise Head of Product for North America Vinay Nilakantan. “But with Wise Interest and Stocks, people and businesses in the US no longer have to choose between making their money work harder and actually being able to use it. They have the freedom to do both.”

Wise has been paying interest on users’ balances since 2023, when it launched Basic Interest, a tool that pays eligible US customers interest through a partner-bank arrangement. The company’s users have made good use of that feature, increasing the interest income earned by almost 17% year over year in FY26.

The announcement marks Wise’s first use of its US broker-dealer license, which the company acquired in April 2025 through its subsidiary Wise US Assets Inc., a SIPC Member that protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). The launch expands Wise’s US offering beyond payments and traditional interest-bearing balance.

Wise was founded in 2011 under the name TransferWise to facilitate cross-border payments while bringing transparency to the fees involved. The company serves 19 million active customers worldwide, processing over $243 billion in cross-border transactions and saving customers more than $3.3 billion. According to Nilakantan, Wise customers have started using the platform to hold more liquidity. “People and businesses around the world are keeping more money with Wise than ever. Global customer holdings grew 40% to $39 billion last financial year alone,” said Nilakantan. “Now, we want to offer Wise customers more ways to put that money to work, without compromising the convenience and flexibility they expect from us.

Today’s announcement adds investment-based options to offer users a wider variety of choices. Wise’s customers can hold and convert more than 40 currencies, get paid in nine currencies, send money internationally with 77% of payments arriving within 20 seconds, and spend around the world with the Wise Multi-Currency Card.

Interestingly, Wise built its business on moving money across borders, but its latest strategy is focused on giving customers a reason to keep their money in one place. The move could help Wise deepen customer relationships, increase retention, and capture a larger share of customers’ financial activity. It also reflects the rebundling trend that has been taking place in fintech lately. Fintechs that initially focused on a single financial service are increasingly expanding their offerings to become more comprehensive financial platforms.