British fintech firm Wise plans to go public in London via rare direct listing June 17, 2021 https://www.cnbc.com/2021/06/17/wise-plans-to-go-public-in-london-via-direct-listing.html Remittance company, Wise, set to go public with direct listing https://www.neowin.net/news/remittance-company-wise-set-to-go-public-with-direct-listing/
Is this really a big thing, sending money to people all of the world? Why not use Paypal or something? But the numbers aren't that bad at all, a profit of 30 million on revenues of 421 million pound. The question is can they grow any bigger.
Wise (formerly TransferWise) confirms direct listing on the LSE in early July, reportedly at a $6B-$7B valuation June 24, 2021 https://techcrunch.com/2021/06/23/w...n-early-july-reportedly-at-a-6b-7b-valuation/