Wise Launches ‘Spend With Others’: a New Feature for Spending With Family and Friends

Wise, the global technology company building the best way to move and manage the world’s money, has announced the launch of ‘Spend with Others’, a new feature designed to simplify shared spending for families, friends and loved ones.

‘Spend with Others’ allows you to set up a group of family and friends to spend together straight from Wise, splitting everything from everyday costs to once-in-a-lifetime trips abroad. The one-of-a-kind feature is available free of charge to Wise Account customers in the UK.

The product is different from a standard joint account as one person will be responsible for everyone in the group as the ‘Owner’. This Owner sets up a group and then invites additional ‘Members’ to spend with them.  Members will need to be existing Wise customers to join a group.

Both ‘Owners’ and ‘Members’ can add money and spend from the group, with all members able to set up a digital Wise card for spending. Only ‘Owners’ can withdraw or send money from the group.

‘Spend with Others’ allows you to:

• Create groups of up to five people* to share spending with, with each member able to receive a digital Wise card

• Easily spend in over 160 countries and 40 currencies

• Split everyday expenses (groceries, restaurant budgets, subscriptions) with your partner or housemates

This launch further amplifies the growing success of Wise which has surpassed 12.2m active personal customers globally. The feature will initially be available to Wise Account customers in the UK, EU, Switzerland, Australia, New Zealand and Singapore, with a further global rollout planned for later in 2025.

*If you are a Wise customer in Europe, only two people are allowed in a group due to local requirements. In all other regions, you can have up to five people in a group.

Max Bevan, Product Manager at Wise, said: “We continue to enhance the Wise Account experience as more people rely on Wise for all of their financial needs. Customer feedback we gathered showed the importance of being able to share money with friends and family. People want to share their spending easily with those they trust, but they don’t want the formality that comes with opening up a joint account. ‘Spend with Others’ meets this need – this is just part of our ongoing effort to make the Wise Account the best way to manage your money globally.”

You can find more information and sign up for ‘Spend with Others’ here.