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Wise PLC on Monday is set to make its debut on the Nasdaq, while keeping its secondary listing on the London Stock Exchange’s Main Market. The London-based money transfer services provider is set to commence trading on the exchange at market open at 0930 ET, or 1430 BST. Commenting on the move, Co-Founder & Chief Executive Kristo Kaarmann said the US listing is expected to help accelerate the company’s mission, ‘helping to bring more of Wise to everyone in the US, as customers and as owners’. Wise is set to present its preliminary estimates of select unaudited US GAAP financial data for the financial year ended March 31, shortly after the US market opens. Management is set to cover data previously released to the LSE under IFRS reporting back in April. The company said this includes a 31% on-year increase in cross-border volume to $243 billion, as well as a 40% increase in customer holdings to $39 billion. Wise also noted transaction revenue for the period of $1.9 billion, up 22%, and net revenue of $2.5 billion, up 19%. Shares in Wise were trading 1.5% higher at 1,075.40 pence on Monday morning in London. ‘A listing in the US not only gives us better access to the world’s deepest and most liquid capital market, it also more closely aligns Wise with the major growth potential for us in the US the biggest market opportunity for our products in the world today,’ said Chair David Wells. ‘With this move we look to continue expanding our local presence and reaching thousands of US banks, online platforms and the many people and businesses who transact across borders.’ Copyright 2026 Alliance News Ltd. All Rights Reserved.
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