Wise on Track for Nasdaq Primary Listing Next Month After 24% Income Surge

Bloomberg·medium signal

Cross-border payments fintech Wise is on the brink of transferring its primary listing from the London Stock Exchange to Nasdaq next month, per Bloomberg, after reporting Q4 income growth of 24% that beat analyst expectations. Shareholders overwhelmingly approved the move (91% Class A, 85% Class B). The migration represents another blow to the London Stock Exchange as major fintechs seek deeper U.S. capital markets liquidity and higher valuations.