How much does it cost to
build an app like Wise?

SovTech specialises in mobile app development, iOS, Android, hybrid technologies and progressive web apps.


Why choose SovTech for your bespoke app development?

SovTech is an award-winning software and mobile app development company. With over a decade of engineering experience, along with over 200 tech professionals, we are experts in building custom mobile applications for any business, in any industry.

Our multidisciplinary teams, comprising tech-enthusiasts with elite and varied development expertise, are geared towards building scalable products that service growth-focused businesses. We strive to deliver bespoke solutions that innovate using cutting edge technologies and cloud software at competitive and flexible rates.

wize app logo

What is Wise?

Wise is a financial technology company based in London that was launched in January 2011 by Estonian businessman Kristo Käärmann and Taavet Hinrikus.


The History of Wise

Wise was founded by Skype’s first employee, Taavet Hinrikus, and financial consultant Kristo Käärmann. Its system has been compared to the hawala system of money transfer. Wise handled €10 million in transactions in its first year of operation.



Send money cheaper and easier than old-school banks.

Send money at the real exchange rate with no hidden fees.


Receive payments like a local in 9 currencies.

Get your own UK account number, Euro IBAN, US routing number, and more.


Convert and hold 53 currencies.

Holding multiple currencies is completely free, and we use the real exchange rate to convert.



Use Wise on these platforms:



Tech Stack

Wise is built using this tech stack





Cost of building an app like Wise

£65 000


Benefits of custom over off-the-shelf software​

While off-the-shelf software might be cheaper to set up, custom app development can be uniquely tailored to meet your specific business needs. Bespoke software is high-quality, built by a team of expert professionals, offering you better and more features than the limited features that are available with generic software.

Our Partners

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Clients Around The World
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Projects Delivered
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Examples of our work

Sureswipe mobile app mockup
MTN mobile app mockup
sola energy software platform by sovtech

SovTech Insights Blog

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Technology in sport: The future of football is changing

Technology in sport: The future of football is changing Technology is changing the world, it’s changing our sport. The influence of tech in our most beloved game of football is undeniable.  How tech is changing the way sport is played Think of that crucial moment in a finals game like the Euro 2022, your team…

  • Aug 02
How Tech has benefitted the work environment

How Tech has benefitted the work environment

How Technology has benefitted the work environment Written by Gregor Simpson From the industrial age to modern-day, technology has improved working conditions. Its impact on the work environment has streamlined processes and increased access to work while exponentially increasing productivity. It has made working from anywhere more effortless than ever. Apart from streamlining processes from…

  • Jul 12
F1 AWS analytics: What are they and how do they work

F1 AWS analytics: What are they and how do they work

F1 Driving AWS analytics: What are they and how do they work Written by Romeo Zikalala Amazon Web Services (AWS) provides Formula One (F1) with an infrastructure for data processing that can scale quickly and easily. The service allows F1 to analyse vast amounts of data from every aspect of the race – including driver…

  • May 30

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How much does it cost to build an app like: