Company
Wise Group PLC
LON:WISE
Wise (formerly TransferWise) is a London-based financial technology company founded by Estonian businessmen Kristo Käärmann and Taavet Hinrikus in January 2011.
76 stories
FTSE 100 sags as oil prices plunge, BoE cut predicted as pay growth falls
Oil prices have retreated sharply due to geopolitical factors, plus reductions in demand forecasts from OPEC and the IEA
FTSE 100 slides as IMF downgrades UK, Middle East tensions grow
Blue chips fell after Israel confirmed overnight that it would respond to a weekend attack by Iran
Wise sees 5.5mln active customers move £27bn across borders in its second quarter
The increase in active customers was mostly driven by greater adoption of the Wise Account and Wise Business products, where customers tend to transact more frequently and use more features
Tungsten West jumps as capex demands decrease, leading to lower diesel and power consumption
A look at the major movers on the London market on Tuesday
Wise boosts revenue 51% as customer numbers jump
The international payment platform debuted on the stock exchange last July
Wise pledges to keep investing as profits grow 7%
The startup designed to revolutionise international banking said it had a strong start to the new year as "some positive trends" carried through
Wise CEO investigated by FCA over tax default
After an internal reviewing last year the board told the CEO to take remedial actions, including appointing professional tax advisors "to ensure his personal tax matters are appropriately managed"
Disrupted disruptor Wise's results may show effects of cost of living crisis, director dramas
Finance chief Matthew Briars has had a month to get on top of the figures after returning to work from a serious bicycle accident in February
Wise expects acceleration in revenue growth in the second half
You are not going mad ... Wise released interim results yesterday as well but that was for the preceding six month period
Archive
FTSE 100 closes higher, bouncing as Omicron fears fade
At the close, the UK blue-chip index was 65.92 points, or 0.9% higher at 7,109.95, well above the session low of 7,044.03 but below the day's high of 7,161.91
Wise bullish as it cuts prices, grows volumes
However, the take rate – defined as revenue as percentage of volume – is expected to be slightly lower in the second half
Wise: disruptor is an understatement, says Barclays
The bank, alongside peers Citi and Credit Suisse, started coverage of the stock
London Stock Exchange planning to relax "free float" rules to attract more tech "unicorns"
Is this a sensible relaxation of cherished City values or another case of selling out to the might of technology companies?
Wise says first quarter financials were in line with expectations
Earlier this month Wise successfully executed its experimental listing in London.
Online payments giant Stripe to follow Wise steps with New York direct listing
While Wise decided to skip the traditional IPO route to save money, Stripe is doing it because it doesn’t need to raise cash