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Both Wise and Revolut are popular financial services platforms, but they serve slightly different purposes. Wise, formerly known as TransferWise, specializes in international money transfers and multi-currency accounts, making it easier and more affordable for users to send and receive money globally. On the other hand, Revolut is known for its multi-currency card and app, offering various banking services, including currency exchange, spending analytics, and cryptocurrency exchange. Choosing between the two largely depends on your specific financial needs and preferences.