5 ms·
I found their name to have been outlived by the specs of their service offering. Transferwise is about much more than transferring money these days.
by rorykoehler 6y ago
I found their name to have been outlived by the specs of their service offering. Transferwise is about much more than transferring money these days.
- hn_throwaway_99 6y agoBut at least "TransferWise" is unique, clearly about money, easily searchable, and defendable as a trademark. "Wise" is very generic, and worse my guess is that they'll have a hell of a time defending that trademark.
- manigandham 6y agoDoes Square or Chase have trouble with their trademark? It's not a big deal.
- hn_throwaway_99 6y agoSingle words are often used when they don't really have much to do with the underlying product (Apple, Amazon, Mint, etc.) because it can be "branded" for that market. But with Wise, for example there is already a MoneyWise, BudgetWise, etc., so "Wise" by itself may have issues with those other existing businesses.
- sangnoir 6y agoTrademarks are granted within specific fields, so they won't have any trouble defending it against people providing related goods and service (banking/finance/transfers) using a similar mark. The won't be able to defend against someone else using "Wise" in a different field (say, an education platform) but that is as designed. It is unfortunate that large corporations overzealously "defend" their trademarks against all usage of the trademark even in unrelated fields, that is abuse of the process and not how the law was intended to work, they basically drown you with lawyer fees.
- rodiger 6y agothat's a rough one to defend when this exists: https://www.wise.us/ https://www.wise.us/