Peter Thiel's Valar Ventures has sold its 4.8 million shares in Wise for £50 million, concluding a long-term investment in the fintech company. Valar Ventures, an early backer of Wise since 2013, made the sale in early July 2025 amid growing regulatory challenges and competition from crypto-based payment solutions. Wise, initially known as TransferWise, was a leader in cross-border money transfers but now faces a shifting fintech landscape increasingly dominated by blockchain and cryptocurrency technologies. Thiel's investment focus is pivoting towards crypto infrastructure, aiming to innovate financial systems beyond traditional banking.