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who served as chief executive of the London fintech from its founding in 2011 until 2017 Hinrikus said he was “deeply troubled” over the plans as his investment firm Skaala, which owns a 5 per cent ...
The outlook: Wise is a decade-old success story and has had several profitable years, which is seldom the case for other fintechs. The listing only involved 2.4% of the company’s shares.
Wise debuted on London's stock market in 2021 in a direct listing that valued the company at £8 billion ($10.84 billion) at the time. It is now valued at £11.07 billion, according to LSEG data.
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Wise Plans to Shift Main Listing to US in Latest London Loss
Wise Plc is planning to list its shares in the US, the latest loss for London’s stock market after companies worth roughly $100 billion have shifted their primary listings stateside in recent years.
LONDON (Reuters) -Shares of financial technology company Wise ended 10% up on their first day of trading on Wednesday in London’s largest ever tech listing that could pave the way for other ...
Wise (WISEa.L), a cross-border payments firm formerly known as TransferWise, made its market debut on Wednesday, becoming the biggest tech company to list on the London stock exchange.
Pictured is the London office of Wise. The tech company formerly known as TransferWise has over 15 million customers globally and bases its U.S. operations out of Tampa.
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