people · May 16, 2026
Wise Group Stock Jumps 12% After Nasdaq Debut and Preliminary FY2026 Results
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Wise Group plc shares rose 12% following the May 11 2026 Nasdaq debut and release of preliminary FY2026 results. The company reported $243 billion in cross-border volume, a 31% year-over-year increase, and a 40% rise in customer holdings. Wise is building Wise Platform to serve banks and fintechs while pursuing a U.S. national trust bank charter. The firm also rolled out products such as the OwnWise loyalty program and everyday UK bank accounts with interest. Wise stated medium-term targets for 15% to 20% net revenue CAGR and higher EBIT margins.
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