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Wise enters wealth management with BlackRock tie-up

Stock investing from multi-currency accounts is becoming a crowded market in fintech as transfers firm enters space

New tool pits Wise against rival Revolut in the investment game
New tool pits Wise against rival Revolut in the investment game

British fintech firm Wise is launching its first foray into wealth management, allowing customers to invest the cash in their current accounts into stocks across multiple currencies.

Users can choose to invest the money held inside their Wise bank account or other pots into a global equity fund managed by BlackRock, while still retaining instant access to the majority of their cash.

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