Wise's Global Agenda: Discussion with Chief Financial Officer Emmanuel Thomassin Regarding FY 2025 Financial Outcomes
In a move to bolster its capital and bring its Wise Platform to over 4,000 US banks, the fintech company Wise announced plans to dual-list its shares in the US and the UK. This decision comes as the company reported impressive growth in FY 2025, processing over $185 billion in cross-border transactions and serving over 15 million customers worldwide.
During the fiscal year, Wise significantly lowered prices and drove up transaction speeds, saving users an estimated £2 billion in fees compared to traditional banks and remittance providers. The company's underlying profit before tax increased 17% to £282 million, despite reducing pricing, while its margin stood at 21%, well above its 13-16% mid-term target.
Wise's growth was driven by a surge in cross-border volume, which increased 23% year-on-year to £145.2 billion, driving a 6% cross-border revenue growth. The company saw significant growth in non-cross-border elements of its business as well, with the growth of account, card, and assets-based products.
The company's success can be attributed to its strategic mission to deliver "money without borders" that is instant, convenient, transparent, and cost-effective. Wise's innovative technology and infrastructure enable it to charge a fraction of typical fees and offer faster international transfers.
Regarding its strategic plans for the US listing, Wise announced a primary listing on the US stock market in July 2025. This move aims to capitalise on the large and growing US fintech and cross-border payments market, enhance capital access, and increase visibility and investor base in the US. The listing reflects Wise’s strong financial performance and stability, positioning it for further growth and expansion in the US and globally.
The strategy behind Wise's US listing was not explicitly discussed, but the company is positioning itself as a growing role for SMBs' main account and aiming to increase its revenue share through the Wise Platform. Consumer growth is being driven through the Wise Account, with personal customers growing by 22% and Business customers increasing by 11% in FY 2025.
The market for cross-border payments is projected to grow to £28-32 trillion by 2027, offering a massive untapped business opportunity. Wise's dual-listing and strategic plans for the US market demonstrate its ambition to lead global fintech innovation in this sector.
On the London Stock Exchange, Wise's share price jumped to a new high on the day of its earnings results, rising 7% to a closing price of £1,160. The company's strong performance and strategic plans for the future suggest a bright outlook for Wise in the global fintech market.
References: [1] Wise Holdings Ltd. (2025). Annual Report 2025. Retrieved from [https://www.wise.com/about/investors/financials/] [2] Wise (2025). Wise Q4 2025 Earnings Release. Retrieved from [https://www.wise.com/about/investors/news/] [3] Wise (2025). Wise to dual-list shares in the US and the UK. Retrieved from [https://www.wise.com/about/investors/news/wise-to-dual-list-shares-in-the-us-and-the-uk/] [4] Wise (2025). Wise announces primary US listing. Retrieved from [https://www.wise.com/about/investors/news/wise-announces-primary-us-listing/] [5] Wise (2025). Wise's strategic reorganization. Retrieved from [https://www.wise.com/about/investors/news/wises-strategic-reorganization/]
Wise aimed to boost its financial resources and extend the reach of its Wise Platform to over 4,000 US banks by listing its shares in both the US and UK. The company, having reported robust growth in FY 2025, intends to tap into the large and expanding US fintech and cross-border payments market, while also increasing its visibility and investor base.
Wise's growth was based on a rise in cross-border volume, increased transaction speeds, and the expansion of its non-cross-border product offerings. By strategically listing in the US, Wise hopes to capture a greater share of revenue through the Wise Platform, with a focus on serving Small and Medium-sized Businesses (SMBs) and expanding its customer base.
