Updated
Updated · Bloomberg · May 11Wise Group makes US trading debut with Nasdaq listing
10 articles · Updated · Bloomberg · May 11
- The UK fintech will trade under ticker WSE and also relist its shares in London as a secondary listing, according to regulatory filings.
- The move opens Wise to a broader US investor base while maintaining its presence on the London Stock Exchange.
- It marks the culmination of a yearslong plan by the company to tap a larger stock market and deeper pool of investors.
With its Nasdaq debut, can Wise conquer the lucrative but crowded US B2B payments market? Will founder control via a dual-share class hinder Wise's ambition in the US stock market? As Wise targets Wall Street profits, will its low-cost mission for everyday users suffer?