The fintech company is transferring its primary listing to the US to tap deeper capital markets. The dual listing aims to balance global investor access while reinforcing its fintech dominance on both sides of the Atlantic.
To boost its capital market footprint, cross-border payments platform Wise has announced plans to shift its primary listing to the United States (US), while retaining a dual listing in the United Kingdom (UK). The strategic shift, revealed alongside robust full-year earnings, signals a major pivot toward accelerating its growth trajectory in the world’s largest financial market.
Originally listed on the London Stock Exchange in 2021 with a valuation of £8 billion, Wise now commands a market cap of £11.07 billion, according to LSEG data. The fintech firm’s latest results reflect a continued upward trend, with gains across transaction volumes, customer base, revenue, profits, and instant payments—confirming its position as a dominant force in the digital payments space.
Kristo Käärmann, co-founder and CEO of Wise stated: “We believe the addition of a primary US listing would help us accelerate our mission and bring substantial strategic and capital market benefits. This includes greater awareness in the US—our biggest market opportunity—and better access to the world’s deepest and most liquid capital market.”
The dual listing strategy is designed to maintain Wise’s ties with UK-based investors while opening up wider access to US institutional and retail capital. The move is also expected to bolster Wise’s visibility among the 4,000 US banks that could benefit from integration with Wise Platform, the firm’s infrastructure-as-a-service solution.
From a global business perspective, this represents more than just a financial maneuver—it’s a calculated bid to increase strategic relevance in the world’s most competitive fintech environment. With international expansion continuing to be a key growth lever, Wise’s deepening US presence aligns with growing demand for borderless banking, faster remittances, and embedded finance.
Despite the shift, Käärmann reaffirmed the company’s commitment to the UK, citing its wealth of fintech talent and innovation. “The UK is home to some of the best talent in the world in financial services and technology, we will continue to invest in our presence here to fuel our UK and global growth”, he noted.
