Wise's Nasdaq Debut: A New Era for U.S. Fintech

Fintech giant Wise, known for affordable international money transfers and multi-currency accounts, is making a strategic move to the Nasdaq in New York. The company, which saw a 31% increase in volume to $243 billion in the fiscal year ending March 31st, is seeking deeper U.S. capital pools and greater visibility. Wise, which started in London, will keep a secondary listing there but has chosen the U.S. as its primary market. The CEO and CFO cite Americas liquidity and potential for faster, cheaper transactions as key factors. Wise is also applying for a national trust bank charter and eyeing a master Fed account to further streamline operations. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/61e76b41fba23204