New York – Wise (NASDAQ:WSE, LSE:WISE) starts trading on Nasdaq today while retaining its secondary listing on the London Stock Exchange. The global payments technology firm releases preliminary unaudited US GAAP financial results for the fiscal year ended March 31, 2026, following earlier IFRS disclosures.
Strong Financial Performance
Cross-border volume hits $243 billion, marking a 31% year-on-year increase. Customer holdings climb to $39 billion, up 40% from last year, with $9 billion in Wise Assets. Transaction revenue reaches $1.9 billion, a 22% rise, driven by $1.3 billion in cross-border revenue (up 17%) and $0.6 billion from cards and other sources (up 34%). Card spend surges to $44 billion, reflecting 37% growth.
Net revenue grows 19% to $2.5 billion, incorporating $0.8 billion in interest income on customer balances and $0.2 billion in interest expenses on liabilities.
Leadership Presentation and Strategy
Wise’s leadership team hosts a presentation on Tuesday to discuss these financials and key operating metrics. “We believe our US listing will help us accelerate our mission, helping to bring more of Wise to everyone in the US, as customers and as owners,” states Kristo Käärmann, co-founder and CEO.
David Wells, Chair at Wise, notes that the US listing enhances access to capital markets and supports expansion in the US.
Global Operations Overview
The company runs a worldwide payments network backed by over 80 licenses in eight markets. It connects directly to domestic payment systems, facilitating transactions in more than 40 currencies. Wise serves nearly 19 million individuals and businesses in fiscal year 2026.
