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UK-listed fintech firm Wise is expanding its presence in the Indian market and plans to hire hundreds of employees in the country over the next few years amid growing demand for cross-border payment solutions.
As part of this push, it is setting up a technology and operations hub in Hyderabad, which will serve as a full-stack centre for product, engineering and servicing teams. It is also introducing a new feature that allows small and medium businesses (SMBs) and freelancers to receive overseas payments in foreign currencies.
The hub will be led by…
