We’re excited to announce our partnership with Zempler Bank, a digital bank serving UK small businesses, start-ups, sole traders and consumers to help them go global with confidence.
Through this collaboration, Zempler is launching a new Outbound International Payments service that enables more than 500,000 Zempler customers to send international payments in USD and EUR with ease and security, directly within the Zempler app.
While this new offering will only be available to businesses at launch, there is an expansion on the horizon for consumers and in the number of currencies supported.
A step towards borderless banking
According to a survey commissioned by Wise from Edgar, Dunn & Company (EDC), a global research firm, UK SMEs sent over £485 billion overseas in 2024, with this figure expected to rise to nearly £530 billion this year. Yet, many small businesses still face unnecessary barriers to global expansion due to the complexity and costs of cross-border banking, with small businesses projected to lose over £5 billion in hidden fees in 2025 alone.
Expanding globally can be a challenge for small businesses, but managing international payments shouldn’t be one of them. That’s why we’re making it easier for Zempler customers to send money abroad quickly, securely and at low cost – giving small businesses the flexibility and confidence they need to thrive in the global marketplace.
Rich Wagner, CEO of Zempler Bank said: “We know that the launch of Outbound International Payments will be a popular benefit for many of our customers, particularly the ambitious small businesses looking to develop relationships with overseas suppliers and partners. We understand that even the smallest businesses might want or need to work internationally, whether that’s importing a key product or component or outsourcing a task to an overseas expert. Many of our business customers are already using Wise, so it was a natural choice to partner with them to integrate that familiar functionality within our own simple to use banking app.”
Through this integration, Zempler customers will benefit from:
- Fast, secure international payments when sending money to USD accounts in the United States and EUR accounts within the SEPA region, with more currency routes in development.
- Transparent pricing with no hidden fees – Wise uses the mid-market exchange rate with no mark-up.
- Convenience – all transactions are handled seamlessly within the Zempler app, with a desktop-based online banking version set to follow soon.
Read more about our partnership in our press release.
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