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Wise’s wake-up call for London
Wise’s announcement came hours after Cobalt Holdings, one of London’s rare listing hopes for this year, scrapped plans for an initial public offering. Just days earlier Indivior, the opioid-treatment arm spun out of Reckitt in 2014, also revealed it would switch its listing to New York.
The payments company hopes to build its brand outside of its U.K. home base while attracting a deeper investor pool.
Wise share price surged as investors reacted to its strong financial results as its growth accelerated. In a statement, the ...
Wise boss Kristo Kaarmann (pictured) said the move to Wall Street was due to the US having the world's biggest capital ...
Earlier this year, the London Stock Exchange Group — who own the stock exchange itself — produced data to suggest moving to ...
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