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Re:TransferWise changes name to Wise by riffraff on Monday February 22, 2021 @12:48AM (#26221290)
my understanding is they want to move further into financial services and "transfer-" was unnecessarily limiting.

As you say yourself, the old name _waa_ "descriptive" but they have not been a simple transfer service for many years.

Re:TransferWise changes name to Wise by kiplkipl on Monday February 22, 2021 @04:32AM (#26222474)
There is a common pattern where a startup is named after their main product, grows to the point of needing diversification, and starts being limited by their name.

On the other hand, Amazon worked around it.

Re:TransferWise changes name to Wise by ahoka on Monday February 22, 2021 @06:15AM (#26223200)
On the contrary: Oracle changed their name to the name of their successful product.