Monday, June 8, 2026

Fintech Wise starts trading on Nasdaq

This US debut aligns with Wise’s broader strategy to tap into the country’s capital market while strengthening its presence in the region

Fintech Wise has officially started trading on the Nasdaq stock exchange under the ticker symbol WSE. The announcement came on May 11, 2026, with shares beginning to change hands at 2:30 PM GMT. The Fintech company will keep its existing listing on the London Stock Exchange, where it trades under the ticker WISE as a secondary market.

This US debut aligns with Wise’s broader strategy to tap into the country’s capital market while strengthening its presence in the region.

Executives plan to hold an investor presentation the following day, May 12 at 3:00 PM GMT, sharing early, unaudited US GAAP figures for the fiscal year that ended March 31, 2026.

Those numbers, first disclosed under IFRS standards on April 13, highlight robust momentum: cross-border transaction volume reached $243 billion, a 31% jump from the previous year.

Customer balances jumped 40% to $39 billion, including $9 billion held in Wise Assets.

Total transaction revenue hit $1.9 billion, up 22%, driven by $1.3 billion in cross-border fees (17% growth) and $0.6 billion from cards and other services (34% growth).

Overall net revenue rose 19% to $2.5 billion.

Co-founder and Chief Executive Kristo Kaarmann described the Nasdaq listing as a catalyst for the company’s original mission.

Fifteen years after launching with the aim of making international payments as effortless as sending an email, Wise now serves around 19 million individuals and businesses—including banks.

In the most recent fiscal year alone, the platform facilitated more than $243 billion in border-crossing transfers at a fraction of traditional costs, returning an estimated $3.3 billion in savings to users.

Kaarmann noted that the global cross-border market still exceeds $43 trillion annually, with hidden fees costing customers over $250 billion worldwide and roughly $43 billion in the US in 2026.

We’re only getting started, he emphasized, adding that the US listing will accelerate efforts to reach more American consumers and investors.

Chair David Wells echoed that sentiment, pointing to the Nasdaq’s liquidity and the untapped potential among US customers.

US consumers rely on Wise Account, Wise Business, and the Wise Platform for affordable, transparent transfers, yet tens of millions more remain burdened by high fees and slow processing from legacy providers.

The dual-listing structure, Wells explained, will fuel further expansion of local operations and partnerships with thousands of US banks and digital platforms.

Related Articles

Comments (0)

Average Rating: No ratings yet/5 (0 reviews)

No comments yet. Be the first to comment!

Leave a Comment

Your email address will not be published. Required fields are marked *