A change of address led to our Wise accounts being shut down

Nowhere in this blog does it mention what the business actually does, which is always a red flag. I've seen plenty of stripe bashing posts on HN that end up with the business being in newsletter scams or adult content.

Oh no… god forbid - adult content lol. Yes regardless of the content if the business is legal and they only changed an address that’s not a reason to have this level of shit support and no way to escalate and contact a human…

I don't agree with those policies but it's a possible reason for a financial services business to break a relationship if they discover incidentally that this guys business is breaking the law. Changes the blog post completely and the business info should have been included.

As a heuristic, using TransferWise is traditionally associated with Russian money laundering scams.

I believe the business is an ISP.

Looking around it seems its a small ISP / IT consultancy. It doesn't look to be anything shady at all.

ISPs that host illegal content can indeed be outside the risk tolerance of a financial services company. The blog post is very careful to say "one of our companies" and censor the name of it on screenshots so I'll be interested to see what it is.

If you've ever dealt with financial institutions in a meaningful way, you'd know that the self-service variety, or the HSBC variety, will create hurdles and enforce policies arbitrarily with no recourse, care or concern for your well-being.

You can look up the blog author yourself if you're interested. It looks like the typical small NZ "does several things because the local market is so small" kind of business. Local laws here are a bit more strict on hosting content so that seems unlikely, and would the minions at Wise even look into that side of things?

Based on the DNS records, and the Companies Office website, the blogger owns several companies.

https://www.vetta.online/

https://aorangieftpos.nz/

https://www.reliance.net.nz/

Business networking, local ISP, card payment solutions, basically. Given the blog posts about cPanel and Outlook, it tracks.

I note that the blogger lives in a small town in the South Island, so likely is focused on the local market.

Yep, small is correct, the blogger's companies are all focused on South Canterbury and headquartered in Timaru (for non-Kiwis, 55K people live in South Canterbury, and 29K of them live in Timaru. Massive shit-ton of cows though).

One of. Also runs card payment systems and business networking consulting. The blogger is focused on his small local market.

Possibly. Would be better if the company name wasn't obscured from the post.

What do you mean possibly?

I checked the DNS records, then the Companies Office register of all companies the blogger is a director and/or shareholder of.

And it's his personal blog considering it's on the domain name of <first-name>.<country-code>.

Not sure why you're so certain that it must be a dubious company.