# You Can't Beat Wise on FX. So Now You Partner With Them | Samarth Bansal, General Manager at Wise Platform

Page: https://stenobird.com/podcast/purpose-driven-fintech-6329886/you-can-t-beat-wise-on-fx-so-now-you-partner-with-them-samarth-bansal-general-manager-at-wise-platform
Text version: https://stenobird.com/podcast/purpose-driven-fintech-6329886/you-can-t-beat-wise-on-fx-so-now-you-partner-with-them-samarth-bansal-general-manager-at-wise-platform.md
Podcast: [Purpose Driven FinTech](https://stenobird.com/podcast/purpose-driven-fintech-6329886)
Published: 2026-06-09T13:45:00+00:00
Episode link: https://purpose-driven-fintech.captivate.fm/episode/you-cant-beat-wise-on-fx-so-now-you-partner-with-them-
Audio file: https://episodes.captivate.fm/episode/165de7f4-839f-4b35-a9c0-1c4a673e3aa1.mp3
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JSON: https://stenobird.com/v1/public/podcasts/purpose-driven-fintech-6329886/episodes/you-can-t-beat-wise-on-fx-so-now-you-partner-with-them-samarth-bansal-general-manager-at-wise-platform
Duration seconds: 1756

## Resource

If you can't beat Wise on FX, and reality is most fintechs can't; then the smarter move is to partner with them. Let’s go into the why! In this episode recorded live at Money20/20 Asia, I speak with Samarth Bansal, General Manager at Wise Platform. We go behind the scenes and I ask the questions I’ve always had hypothetical answers to. For years my mandate as a Neobank Product leader was to beat Wise, and I knew unless we were to change our business model to properly compete, the answer is we can’t. But now, FinTechs and banks can partner with Wise through Wise Platform. It’s a fascinating conversation! We cover: [01:00] How Wise approaches cost efficiency: the obsession behind the pricing model [02:30] What actually drives Wise's infrastructure advantage [04:30] Going direct into local payment rails and optimising treasury FX forecasting [08:30] How embedding Wise Platform made life easier for banks and their customers [09:30] Standard Chartered, Bank Mandiri, Morgan Stanley: who's using Wise Platform and why [17:00] How Wise prioritises market expansion, and what drives corridor decisions [19:00] Instant payment rails in APAC: PayNet, PromptPay, and what sits on top [21:00] How Wise achieves sub 20 second transfers: compliance, liquidity, and rail access [23:00] Where AI fits, and where Wise is being deliberate about deployment [25:00] Why APAC will redefine global cross border payments standards within three years 👉 Follow Samarth: LinkedIn: https://www.linkedin.com/in/samarthbansal/ Website: https://wise.com 👉 Connect with Monica LinkedIn: https://www.linkedin.com/in/monicamillares/ YouTube: https://www.youtube.com/@moni_millares TikTok: https://www.tiktok.com/@moni_millares Production and marketing by Monica Millares. For inquiries about sponsoring the podcast, em…

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