The only FTSE 100 stock Scottish Mortgage is buying Investing Scottish Mortgage has always had an international focus, and there's only one FTSE 100 stock the investment trust wants to buy: Itself.
Wise shares boosted by Standard Chartered FX deal Fintech Wise has struck a deal with Standard Chartered for the lender to use its foreign exchange infrastructure for multi-currency money transfers in Asia and the Middle East. The partnership will see the emerging markets-focused bank integrate Wise’s tech to offer money transfers in 21 currencies. Wise’s share price rose 8.5 per cent in London on [...]
Wise doubles down on growth outlook after boom in customers Fintech Payments fintech firm Wise has doubled down on its guidance for the year today after a jump in customers using its platform over the summer. In a trading update on its second quarter, the London-listed fintech reported a 23 per cent rise in users compared to the same period last year, bringing its total active [...]
Wise books another quarter of strong growth as firm rolls out new partnership in Brazil July 16, 2024 Overall, the group said underlying income for the three-month period grew 22 per cent year-on-year to £325.4m. Deposit balances expanded 23 per cent year-on-year, while "card and other revenue growth" came in at 55 per cent.
Wise: Fintech’s shares crater as it forecasts slower income growth June 13, 2024 Money transfer firm Wise's shares have cratered after it forecast a slowdown in income growth this year, as the boost it received from historic interest rate hikes dies down.
Wise among best fintech stocks in global top 25, broker says June 4, 2024 Wise is among the best names in a group of top 25 global fintech stocks, according to a leading broker, as the money transfer firm is expected to post strong growth this year.
Wise: London darling feels benefit of higher interest rates on bottom line April 16, 2024 Cross-border volumes for all customers rose 14 per cent to over £30bn with "strong growth" in the smaller personal volume.
Wise poaches Delivery Hero finance chief as customers swell and competition intensifies March 25, 2024 Money transfer firm Wise has appointed Delivery Hero's chief financial officer Emmanuel Thomassin to be its new CFO as the company sees a surge in customer numbers and rising competition.
Wise founder and Legal & General back £63m ‘inclusive’ London start-up venture fund March 12, 2024 Legal & General and the founder of fintech firm Wise are among a host of big name investors to back a new London venture fund looking to pump cash into “inclusive” start-ups.
Wise keeps its head above water as big banks look for slice of the payments pie January 10, 2024 The London-listed fintech is starting to face competition from bigger, more established lenders, as well as new challengers looking for a slice of the payments action.