Wise employed 8,805 people as of March 31, 2026, up from 6,520 a year earlier and 5,654 in 2024, according to Wise’s annual report on Form 20-F filed with the U.S. Securities and Exchange Commission. That workforce comes from 130 nationalities and works across 11 key locations around the world. For anyone asking how many people work at Wise, the Form 20-F splits headcount by function and region.
Wise closed the fiscal year after recruiting and onboarding a net increase of over 2,000 Wisers, and the company refers to its employees as Wisers. The sections below cover Wise headcount by year, department and region, plus diversity, pay and productivity, drawn from Wise’s own filings, annual reports and newsroom.
Key Takeaways
- Servicing teams, covering customer support and operations, employed 5,580 people at March 31, 2026, or 63.4% of the workforce.
- Latin America headcount rose from 125 in 2024 to 782 in 2026, while US headcount slipped from 862 to 847 in the latest year.
- Wise added 2,285 employees in fiscal 2026, a 35% increase in one year.
- Net revenue per employee fell to $284,248 in fiscal 2026, from $321,917 a year earlier.
- Women held 51% of Wise roles overall but 27% of senior leader positions at 31 March 2023, according to Wise’s FY2023 annual report.
- Share-based compensation reached $95.5 million in fiscal 2026, up from $74.6 million a year earlier, per Wise’s Form 20-F.
Editor’s Choice: How Many People Work at Wise
- Total employees: 8,805 as of March 31, 2026.
- Product engineering staff: 2,070, including analytics, design, and product.
- Europe, Middle East and Africa: 5,415 employees.
- Asia-Pacific: 1,761 employees, up from 968 a year earlier.
- Active customers served: 18.9 million in fiscal 2026, according to Wise’s FY2026 results release.
- Code deployments: 6,000 times per month on average.
Wise Employee Count by Year
- Wise grew from around 2,400 Wisers to almost 3,400 in just 12 months during fiscal 2022.
- Wise closed fiscal 2026 with over 8,800 employees, matching the filed year-end total.
- Headcount grew 15.3% in fiscal 2025, then 35.0% in fiscal 2026.
- The workforce is 3.6 times larger than it was on March 31, 2021.
| Date | Wise employees |
|---|---|
| March 31, 2021 | 2,419 |
| March 31, 2022 | 3,368 |
| March 31, 2023 | more than 5,100 |
| March 31, 2024 | 5,654 |
| March 31, 2025 | 6,520 |
| March 31, 2026 | 8,805 |
Source: Wise Annual Reports FY2021 to FY2023, Wise Group plc Form 20-F FY2026
About This Data
Figures come from 31 Tier 1 source excerpts across 13 Wise documents: the fiscal 2026 Form 20-F and UK annual report, annual reports for fiscal 2021 to 2023, two results releases and six newsroom announcements. Only company-published data qualified, and scraped headcount estimates were excluded. Figures are reviewed on a rolling basis and updated when Wise publishes new filings.
The total hides where the new staff went, and the answer is mostly customer operations.
Wise Employees by Department
- Servicing added 1,444 employees in fiscal 2026, against 781 in product engineering.
- Product engineering headcount rose 60.6% in the year, against 34.9% for servicing and 6.3% for core functions.
- Core functions include banking, finance, marketing, people, and risk and compliance.
- Employee-related benefit expenses in technology and development rose $70.5 million, or 34%, in fiscal 2026.
- Wise increased the size of its in-house servicing team by more than 1,200 people in fiscal 2023.
Key finding: Wise’s Form 20-F puts servicing staff, the customer support and operations teams, at 5,580 of 8,805 employees at March 31, 2026. A money-transfer company that sells itself on technology still runs on people who handle verification, support and payment operations, and that team is where most of the net additions landed.
Recent Developments
- September 2026: Wise launched the Wise Account and Wise card in Thailand, for sending and spending money in over 40 currencies across 160 countries.
- July 2026: Wise gained direct access to Malaysia’s national payments infrastructure, making Malaysia the 9th market globally where Wise has direct access to a domestic payment system.
- July 2026: Wise reported active customers up 21% to 11.9 million for the quarter ended June 30, 2026, and net revenue up 25% to $714.0 million.
- June 2026: Wise announced a new share purchase program it expects to be over $500 million, with c.40% allocated to its recurring Employee Share Trust purchases.
- June 2026: Wise acquired Expatica, an online resource for people living and working abroad that reached more than 7 million visits in 2025.
Wise Employees by Region
- Europe, the Middle East and Africa held 61.5% of Wise’s workforce as of March 31, 2026.
- Asia-Pacific added 793 employees in fiscal 2026, an increase of 81.9%.
- Latin America’s headcount reached 6.3 times its 2024 level.
- The United States had 15 fewer employees on March 31, 2026, than a year earlier.
- Wise’s terms of employment for some employees in Belgium, Brazil and Spain are subject to collective bargaining agreements.
How many people does Wise employ in the US?
Wise employed 847 people in the United States as of March 31, 2026, down from 862 a year earlier. In September 2025, Wise said it had over 700 employees in the US and continued to hire across all functions. The two figures come from different dates and sources, so the gap between them is not a hiring trend.
Wise Headcount Growth by Team
- Technology and development expenses increased 38% to $434.3 million in fiscal 2026.
- Servicing expenses increased 38% to $396.6 million, primarily due to average headcount growth of 26%.
- Marketing and sales expenses increased 62% to $171.8 million.
- Employee-related expenses in general and administrative increased $48.8 million, or 50%.
- Outsourced services in general and administrative increased $62.4 million, or 111%, partially driven by preparations for the change in primary listing location.
Wise Average Number of Employees
- Salaries and wages totaled £117.6 million in the year ended 31 March 2022, up from £86.4 million.
- Total employee benefit expense reached £184.8 million, against £141.6 million in 2021.
- Share-based payment compensation expense was £42.2 million in 2022.
- Employee benefit expense worked out to £63,309 per average employee in fiscal 2022.
- Wise’s annual report for the year ended 31 March 2021 expected employee numbers to continue to grow in line with global expansion and product development.
Wise Workforce Nationalities and Locations
- Almost half of Wise’s people worked in a country different from their nationality, according to its fiscal 2023 annual report.
- Wise’s Mobile Wiser program lets Wisers work from almost anywhere in the world for up to 90 days, according to its fiscal 2023 annual report.
- Wise’s principal executive office in London consists of approximately 83,000 square feet.
- Wise principally leased offices in seven additional cities as of March 31, 2026, including Austin, Budapest, Brussels, New York, Singapore and Tallinn.
- As of March 31, 2026, Wise’s employees came from 130 nationalities and worked in 11 key locations.
| Date | Nationalities | Locations |
|---|---|---|
| March 31, 2021 | 90+ | 17 countries |
| FY2022 | 110+ | 17 countries |
| FY2023 | 117 | 17 global locations |
| March 31, 2026 | 130 | 11 key locations |
Source: Wise Annual Reports FY2021 to FY2023, Wise Group plc Form 20-F FY2026
The Locations column uses each report’s own unit (countries, global locations, key locations), so the rows are not a like-for-like series.
Wise Gender Breakdown
- At 31 March 2023, Wise employed 2,644 women and 2,506 men.
- Women held 410 manager or lead roles, against 468 held by men.
- Women filled 28 senior leader positions, against 75 for men.
- In March 2021, Wise’s employee population was 51% male, 48% women and 1% not declared.
- Increasing the representation of women was one of Wise’s focus areas in fiscal 2023.
| Level (share at 31 March 2023, %) | Women | Men |
|---|---|---|
| Wise overall | 51 | 49 |
| Managers or leads | 47 | 53 |
| Senior leader positions | 27 | 73 |
| Leadership Team | 40 | 60 |
Source: Wise Annual Report and Accounts FY2023
Wise Board and Leadership Diversity
- Wise’s Board had 4 men, 4 women and 1 member who did not specify gender, based on self-reported data at the signing of the FY2026 Annual Report.
- The Leadership Team had 6 men and 4 women.
- Women held 1 of the senior Board positions of Chair, CEO, CFO and SID.
- Asian or Asian British members made up 50% of the Leadership Team.
- The Board met the diversity targets set out in UKLR 22.2.30.
| Group (gender, %) | Men | Women | Not specified |
|---|---|---|---|
| Board | 44% | 44% | 12% |
| Leadership Team | 60% | 40% | n/a |
| Senior management and direct reports | 64% | 36% | n/a |
Source: Wise FY2026 Annual Report
Wise Employee Share Ownership and Pay
- Wise paid approximately $473 million to its Employee Share Trust during the financial year ended March 31, 2026.
- Wise allocated $470 million to purchase 35.9 million shares into the trust in FY26, to eliminate shareholder dilution from historic share options.
- Total compensation paid to directors and executive officers as a group was $18,178,159.51 for the financial year ended March 31, 2026.
- Wise gives every employee the opportunity to participate in its equity and various incentive plans.
- Share-based compensation equaled $10,846 per employee in fiscal 2026.
Why it matters: Wise established its Employee Share Trust to reduce the effect of future dilution on existing shareholders arising from the share-based compensation offered to employees. Buying shares for staff awards turns employee equity into a cash cost, which is why trust purchases now sit inside Wise’s capital allocation plans.
Wise Revenue per Employee
- Wise served 2,147 active customers per employee in fiscal 2026, down from 2,393.
- Net income per employee was $56,638 in fiscal 2026.
- Net revenue of $2.5 billion rose 19%, at the top end of the medium-term target of 15-20%.
- Active customers increased 21%, driving a 31% increase in cross-border volume to $243 billion.
- Word-of-mouth recommendations account for c.70% of new customers.
| Metric | FY2025 | FY2026 |
|---|---|---|
| Employees at March 31 | 6,520 | 8,805 |
| Active customers (million) | 15.6 | 18.9 |
| Net revenue ($ million) | 2,098.9 | 2,502.8 |
| Cross-border volume ($ billion) | 185.2 | 243.5 |
Source: Wise FY2026 results release, Wise Group plc Form 20-F FY2026
By the numbers: Net revenue per employee fell to $284,248 in fiscal 2026. Wise’s Form 20-F ties part of the year’s increased investment in headcount, servicing and outsourced services to its preparation for operating as a U.S. listed company. Hiring ran ahead of revenue for the year.
Personal transfers place Wise inside the wider market for remittance flows by country.
Is Wise making a profit?
Yes. Wise reported income before tax of $660.4 million for fiscal 2026, a margin of 26%. Net income was $498.7 million, a decline of $51.6 million, primarily driven by the reduction in the average cross-border take rate.
Wise Offices, Regional Teams and Hiring Plans
- Wise’s Hyderabad team grew to 70 people across engineering, operations and people functions after hiring began in April 2025.
- Wise continues hiring for hundreds more roles across product, engineering and operations in Hyderabad over the next few years.
- In September 2025, Wise announced it would increase its Austin office space by 200% to 90,000 square feet.
- Wise’s 23,000-square-foot Singapore office is its APAC hub, where 450 Wisers worked in March 2024, more than double the number in 2022.
- Wise expects to continue to grow its headcount to support product development, market expansion, regulatory and risk management capabilities, and customer operations.
| Location | Reported headcount | Date |
|---|---|---|
| Singapore APAC hub | 450 | March 2024 |
| Hyderabad | 70 | July 2025 |
| United States | over 700 | September 2025 |
| United States | 847 | March 31, 2026 |
Source: Wise Newsroom, Wise Group plc Form 20-F FY2026
Wise says the rate of expansion depends on factors such as productivity, automation, use of outsourced services, and talent availability, and it may adjust the pace of hiring accordingly.
Is Wise a good company to work for?
Wise describes its employee relations as positive and says it has not experienced any work stoppages. Its fiscal 2023 annual report listed Wise at #19 in the 2023 Top 50 UK Glassdoor Best Places to Work.
Wise also runs a flexible working model, according to its fiscal 2023 annual report. Most Wisers work in servicing rather than engineering, so reviews written by engineers may not describe the typical role.
Who is Wise’s biggest competitor?
Wise’s Form 20-F lists competitor categories without ranking them. In that filing, Wise lists four categories: global traditional banks which have yet to become Wise Platform partners; newer financial institutions or platforms, such as Airwallex, Block, Chime, Flywire, Paymentus, Payoneer, PayPal and Revolut; legacy foreign exchange businesses, such as MoneyGram, Western Union or remittance players such as Remitly; and payment infrastructure providers, such as MasterCard and Visa.
Conclusion
Wise ended fiscal 2026 with 8,805 employees, 5,580 of them in servicing. Most of that workforce verifies, supports, and pays out customers rather than writing code, and Latin America and Asia-Pacific grew far faster in percentage terms than EMEA or the US.
Wise expects to continue to grow its headcount while assessing the rate of expansion on an ongoing basis. The fiscal 2027 filing will show whether revenue per employee recovers after a year when hiring ran ahead of sales.