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New blow to UK stock market as £12bn fintech to list in New York
The Guardian
|June 06, 2025
The online payments company Wise has said it will move its main share listing to the US, in the latest blow to London's stock market.
Wise, which is one of the biggest financial technology businesses in Britain and has been listed in London since 2021, said yesterday that it now intends to dual-list its shares in the US and the UK in an attempt to attract more investors and boost its value.
The company's chief executive, Kristo Käärmann, said moving its main listing would help "drive greater awareness of Wise in the US, the biggest market opportunity in the world for our products today, and enabling better access to the world's deepest and most liquid capital market.
"A dual listing would also enable us to continue serving our UK-based owners effectively, as part of our ongoing commitment to the UK. The UK is home to some of the best talent in the world in financial services and technology, and we will continue to invest in our presence here to fuel our UK and global growth."
यह कहानी The Guardian के June 06, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं?साइन इन करें
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