Introduction
Wise plc, a prominent British money transfer firm, is anticipating significant growth in its financial performance for the 2026 fiscal year, driven by its ambitious "money without borders" vision.Context
During a capital markets event in London, Wise highlighted its goals of achieving an underlying pretax profit margin between 13% and 16% over the medium term, alongside an underlying income compound annual growth rate of 15% to 20%.Developments
As of 0721 GMT, Wise shares experienced a 5.3% increase. The company reported that its customers have successfully transferred over 500 billion across borders and currently entrust Wise with more than 20 billion pounds of their funds.The upcoming presentation will reveal preliminary figures for the 2025 fiscal year, indicating a 21% rise in active customers, reaching 15.5 million, a 22% increase in cross-border transaction volumes totaling 145 billion pounds, and a 16% growth in underlying income to 1.36 billion pounds.
Wise has also engaged in extensive consultations with its shareholders regarding optimal listing strategies, expecting to communicate the results of this review to investors in the near future.