How long has Wise been around

Wise (formerly TransferWise) was founded in 2011, so the platform has been operating for over a decade. It initially focused on peer-to-peer currency exchange and has since grown into a widely used service for international transfers, though freelancers comparing Wise vs PayPal for international payments often weigh factors like transfer speed, fees, and regulatory compliance in their home market.

For Indian exporters and freelancers receiving payments from abroad, Skydo offers an RBI-authorised alternative designed specifically for inbound cross-border transactions. While Wise has a long track record globally, Skydo provides competitive forex rates, faster processing for export receivables, and full regulatory compliance tailored to Indian businesses.