Fintech
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Wise

Wise: sudden closure of a long-used Wise business account with a large unspecified balance

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Fintech risk is real, Wise closed my account Hey everyone, I run an online business on Amazon, and I’ve been using Wise for 8 years to manage my payments. Recently, my Wise account got suddenly closed without clear explanation, which has been really stressful since it’s my main business account with a large balance. I’ve been reading that similar things happen with other fintechs like Mercury and Revolut too. For those running online businesses: How are you managing your money safely? Are you using multiple banks or switching to traditional banks? Any setups you recommend to avoid getting stuck like this? Would really appreciate hearing your experience.

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