US Edition
British fintech Wise to move primary listing to the U.S. in blow to London stock exchange
- British fintech firm Wise announced on June 5, 2025, it will move its primary stock listing from London to the United States while maintaining a secondary listing in London.
- Wise chose to relocate its primary listing to the US because the American capital markets are among the largest and most active globally, providing wider investor reach and enhanced strategic advantages.
- The company, founded as TransferWise, handled £145 billion in cross-border transactions last year and has a market value exceeding £12 billion, with revenue up 15 percent to £1.2 billion.
- CEO Kristo Kaarmann explained that relocating the primary stock listing to the US will advance the company’s goals and provide significant advantages in terms of strategy and access to capital markets, particularly by opening opportunities for both institutional and retail investors in the United States.
- This relocation marks another setback for London's stock market amid several firm departures, highlighting continued challenges in attracting listings despite regulatory reforms.
37 Articles
37 Articles
Spectator UK
Politics, Policy, Political NewsIs the London Stock Exchange under threat?
London has become too bogged down in governance codes and listing rules to make a stock market quote worthwhile.
Fintech Wise to Leave UK in Blow for Failing London Stock Exchange
Coming alongside London’s recent falls in global IPO rankings are the departures of numerous big beasts to alternative stock markets – usually in the US. This time it is celebrated British fintech Wise… Wise announced this morning: “We believe the addition of a primary US listing would help us accelerate our mission and bring substantial strategic and capital market benefits to Wise and our owners.”[…] Read the rest
perspectivemedia.com
The Independent (US)Wise latest to unveil plans to switch main listing from London to New York
Under the plans, the firm would be dual listed with a secondary listing in London. British fintech firm Wise has revealed plans to switch its primary listing from London to New York in yet another setback for the City. The money transfer firm said the move would “help us accelerate our mission and bring substantial strategic and capital market benefits to Wise and our owners”. It wants to drive greater awareness of the brand in the US, which it …
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