12/8/2024, 12:21:02 pm

Wise eyes more of India’s $32 billion in overseas remittances

Wise Payments Ltd. plans to start signing up new customers in India for overseas remittances after a pause, seeking a bigger slice of a market that’s swelled to $32 billion. The London-based fintech firm stopped accepting new clients in recent months in order to revamp its infrastructure after getting a license from the Reserve Bank of India that permits the app’s customers to send more money.