Home topics news Credit: Wise News News Wise launches new features for SMEs, fintech Yajush Gupta June 29, 2023 Wise has introduced a range of new features to its partners through the Wise Platform API, including the issuance of digital debit cards, multi-currency account details, and the capability to conduct transactions seamlessly in over 170 countries. The platform’s latest offering, initially launched in Australia in partnership with ProSpend and Parpera, introduces a customized approach to issuing multi-currency accounts and digital debit cards via their own interfaces. This development comes as a boon for businesses seeking a tailored solution to enable their customers to manage money across multiple currencies efficiently. The launch of these features is initially being rolled out in collaboration with Australian partners, ProSpend and Parpera, solidifying Wise’s position as a comprehensive one-stop solution for cross-border money management. The collaboration between Wise Platform and ProSpend aims to enhance ProSpend’s proactive business spend management solution. By leveraging Wise’s infrastructure, ProSpend can now provide its corporate clients with a secure and hassle-free alternative to cash reimbursements. Additionally, it offers an advanced option beyond traditional corporate card programs, enabling faster in-app payments for supplier invoices through instant digital debit cards. These cards are directly linked to a central multi-currency account, allowing seamless currency conversions within the ProSpend platform. Parpera, an all-in-one business money management solution catering to thousands of sole traders, has also joined forces with Wise Platform. Recognizing the limitations of conventional banking solutions, Parpera has integrated Wise’s services to address