Firstbase, the first all-in-one OS that allows anyone to incorporate a U.S. company and manage their entire business on a single platform, today announced a partnership with Wise (LON: WISE)—the global technology company that built the best way to move money around the world—to integrate the Wise Platform API into Firstbase Loop. Now any business can experience seamless account creation and verification with Wise directly through the Firstbase platform. Firstbase makes it easy for anyone in the world to incorporate a company in the U.S., while Wise makes it possible to instantly move money abroad more with lower exchange fees and other costs than traditional banking solutions. The tens of thousands of existing businesses on Firstbase now have a fast and affordable way to send money internationally, joining the 13M people and businesses using Wise—processing over $8B in cross-border transactions every month and saving customers over $1B a year by using the real exchange rate.

Research conducted by Wise discovered that 46% of small businesses around the world operate internationally. Over half (51%) reported that the complexity of making and managing international payments is a major deterrent to either venturing or further expanding overseas. Ninety-five percent of the companies that incorporate with Firstbase onboard a business banking product. Over 80% of these companies that incorporate using Firstbase come from 180+ countries, with the largest markets including India, the United Kingdom, Nigeria, Pakistan, and Canada. As such, Firstbase customers require a cross-border, multi-currency financial solution that keeps pace with their company’s global footprint. Now with Wise seamlessly integrated into Firstbases’s all-encompassing platform, affordable international payments are readily available to match the digital demands facing today's founders.