British fintech firm Wise plans to go public in London via rare direct listing

Discussion in 'other software & services' started by mood, Jun 18, 2021.

  1. mood

    mood Updates Team

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    38,109
    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/
     
  2. Rasheed187

    Rasheed187 Registered Member

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    The Netherlands
    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.
     
  3. mood

    mood Updates Team

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    38,109
    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/
     
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