Wise Debuts US Listing on Nasdaq

WHY THIS MATTERS: This is more than a routine capital markets announcement; it is a declaration of strategic war on the North American correspondent banking system. Wise’s secondary Nasdaq listing provides crucial access to the world’s deepest liquidity pool, which is essential to funding an aggressive expansion into the multi-trillion-dollar US market—a territory it views as its largest growth opportunity. The significance for the wider industry is two-fold: first, it is a high-profile validation of the fintech model, demonstrating that transparent, low-cost cross-border payments can generate massive scale, evidenced by a 31% year-on-year growth in volume. Second, the move sharpens the competitive threat to incumbents, forcing a faster pivot toward instant payments infrastructure to combat the estimated $43 billion in hidden US fees. For readers, this marks a definitive point where the consumerization of global finance, driven by modern global payments network technology, has fully arrived in the institutional and retail heartland of the United States.

Wise (Nasdaq:WSE, LSE:WISE), the global technology company building the best way to move and manage the world’s money, today announces its listing on Nasdaq, with trading to commence at 9:30am ET. 

Wise also maintains a secondary listing on the London Stock Exchange (LSE), with its shares continuing to trade on the LSE’s Main Market for listed securities.

Wise’s leadership team will be hosting a presentation at 10:00am ET on May 12th, which will cover preliminary estimates of select unaudited US GAAP financial data and select operating metrics for the financial year ended March 31, 2026, previously released to the LSE under IFRS reporting on April 13th, 2026. This includes:

• Cross-border volume of $243 billion, an increase of 31% year-on-year
• Customer holdings of $39 billion, up 40% year-on-year, including $9 billion in Wise Assets holdings
• Transaction revenue of $1.9 billion, an increase of 22% year-on-year, including:
• Cross-border revenue of $1.3 billion, up 17% year-on-year
• Card and other revenue of $0.6 billion, up 34% year-on-year, with card spend of $44 billion, up 37% year-on-year
• Net revenue of $2.5 billion, an increase of 19% year-on-year, including interest income on customer balances of $0.8 billion and interest expense on customer liabilities of $0.2 billion

The presentation will be made available on Wise’s Owner Relations website https://owners.wise.com/.

For more information on the translation of IFRS historical figures reported by the company to the US GAAP equivalent, including the translation of mid-term guidance, please refer to the RNS published to the LSE on April 13th, 2026, and materials uploaded to https://owners.wise.com/.

Kristo Käärmann, co-founder and CEO at Wise, said: “Fifteen years ago, we set out with a simple but ambitious goal: to make moving and managing money around the world as fast, simple and cost-effective as sending an email. We’ve come a long way since then. In the last financial year, we helped nearly 19 million people and businesses, including banks like Morgan Stanley and Standard Chartered, move over $243 billion across borders instantly and at a fraction of the cost of traditional providers, saving our customers more than $3.3 billion in fees.

“Still, with $43 trillion moved across borders each year globally, we’re only getting started. People and businesses around the world are estimated to be losing over $250 billion in hidden fees each year — including here in the US where that figure is expected to hit $43 billion in 2026.

“We believe our US listing will help us accelerate our mission, helping to bring more of Wise to everyone in the US, as customers and as owners.”

David Wells, Chair at Wise, said: “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 一 the biggest market opportunity for our products in the world today. We already serve millions of American consumers and businesses through Wise Account, Wise Business and Wise Platform, but we know that there are tens of millions more who need an alternative to the high fees, slow transfers, and unclear foreign exchange costs traditional providers offer.

“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.”

To mark this milestone, Wise is introducing a new OwnWise program, with customer loyalty benefits for eligible customers who also hold Wise shares. Read more here.

Wise has built an entirely new infrastructure for the world’s money. Today, Wise’s unique global payments network is composed of 80+ licenses and 8 markets with direct connections to domestic payment systems. This powerful infrastructure enables payments across more than 40 currencies, with 75% of payments made via Wise arriving instantly 一 in less than 20 seconds 一 and 96% arriving in 24 hours. Wise delivers payments that are instant, convenient and low cost 一 with an average fee of 0.52% compared to the typical industry charge of 3-5% globally. And with full transparency on fees being charged, customers know exactly what they’re paying before each transaction.

FF NEWS TAKE: This move absolutely moves the needle, granting a category leader the visibility and capital required to execute a full-scale US push. The dual listing is less about raising new funds and more about prestige and market alignment. We should now watch for Wise to leverage its new financial muscle to deepen its B2B partnerships—the Wise Platform—to make its transparent, low-cost cross-border payments infrastructure the default embedded finance rail for US banks and digital platforms.