Wise debuts US listing on Nasdaq
Rhea-AI Summary
Wise (Nasdaq:WSE, LSE:WISE) began trading on Nasdaq on May 11, 2026, while keeping its London Stock Exchange listing. A presentation on May 12 will share preliminary unaudited US GAAP data for the year ended March 31, 2026.
According to Wise, FY 2026 highlights include cross-border volume of $243 billion (+31% YoY), customer holdings of $39 billion (+40% YoY), transaction revenue of $1.9 billion (+22% YoY), and net revenue of $2.5 billion (+19% YoY). Wise reports card spend of $44 billion (+37% YoY) and interest income on customer balances of $0.8 billion. The company also launched an OwnWise loyalty program for eligible customers who hold Wise shares.
AI-generated analysis. Not financial advice.
Positive
- US Nasdaq listing adds access to deep, liquid capital market
- Cross-border payment volume reached $243 billion, up 31% year-on-year
- Customer holdings grew to $39 billion, a 40% year-on-year increase
- Transaction revenue rose to $1.9 billion, up 22% year-on-year
- Net revenue reached $2.5 billion, a 19% year-on-year increase
- Card spend climbed to $44 billion, up 37% year-on-year
Negative
- None.
Market Reaction – WSE
Following this news, WSE has gained 6.83%, reflecting a notable positive market reaction. The stock is currently trading at $15.49. This price movement has added approximately $1.02B to the company's valuation.
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NEW YORK, May 11, 2026 (GLOBE NEWSWIRE) -- 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 of31% year-on-year - Customer holdings of
$39 billion , up40% year-on-year, including$9 billion in Wise Assets holdings - Transaction revenue of
$1.9 billion , an increase of22% year-on-year, including:- Cross-border revenue of
$1.3 billion , up17% year-on-year - Card and other revenue of
$0.6 billion , up34% year-on-year, with card spend of$44 billion , up37% year-on-year
- Cross-border revenue of
- Net revenue of
$2.5 billion , an increase of19% 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
“Still, with
“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
Enquiries
Martin Adams - Investor Relations
owners@wise.com
Sana Rahman - Communications
press@wise.com
Brunswick Group
Charles Pretzlik / Emily Murphy
Wise@brunswickgroup.com
+44 (0) 20 7404 5959
About Wise
Wise is a global technology company, building the best way to move and manage the world's money. With Wise Account and Wise Business, people and businesses can hold 40+ currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too, an entirely new network for the world's money. Launched in 2011, Wise is one of the world’s fastest growing, profitable tech companies. In the financial year 2026, Wise supported nearly 19 million people and businesses, processing over
