Wise Q4 Cross-Border Volumes Rise 26 Percent Before Listing
British fintech Wise reported a 26 percent rise in Q4 cross-border volumes to 49.4 billion pounds. The firm expects to begin trading on the Nasdaq on May 11.
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The fintech group WISE PLC - A, based in the United Kingdom, announced on Monday that its cross-border transaction volumes rose by 26% in the fourth quarter. The company handled 49.4 billion pounds ($66.2 billion) in transactions, reinforcing its expectation that full-year profit margins will settle at the higher end of its forecast range.
